Gate Crypto Flash News and Market Updates

According to Ukraine's Agriculture Ministry, the country may face a grain storage capacity shortfall of 11 million tons this autumn due to ongoing export disruptions.

According to SemiAnalysis, Microsoft has signed over 10GW of data-center contracts worth roughly $300 billion year-to-date, positioning the company to compete with OpenAI and Anthropic in AI inference revenue. AI inference—the process of running trained AI models to generate real-time responses—could generate more than $100 billion in annual revenue per gigawatt for frontier AI companies, the semiconductor analysis firm said. Microsoft benefits from its renegotiated April 2026 deal with OpenAI,

According to News1, on August 10, the USD/KRW exchange rate rebounded to close at 1418.4 won after dipping to 1407.3 won earlier in the day on weak U.S. employment data. The rate fell to its intraday low as the U.S. dollar weakened following July non-farm payroll data showing a loss of 23,000 jobs versus market expectations of 80,000 new jobs. Payroll figures for May and June were also revised downward by 103,000 combined. Low-price buying demand and import settlement flows supported the subsequ

According to The Fact, Samsung Electronics and SK Hynix announced divergent shareholder return policies on the back of record Q2 2026 results driven by AI memory demand. Samsung disclosed a specific timeline for shareholder returns, boosting its stock price, while SK Hynix accelerated its shareholder return policy from year-end to Q3, reflecting different approaches to distributing accumulated cash to investors.

According to Yonhapinfomax, on August 10, the dollar-yen exchange rate rose 0.34% to 158.339 yen as of 2:01 p.m. in Tokyo. The surge was driven by weak U.S. employment data released on August 7, which showed July nonfarm payrolls fell 23,000 compared to the previous month, missing market expectations of 80,000 jobs added. The disappointing figure dampened Federal Reserve rate-hike prospects, with CME FedWatch tool showing only 41.9% probability of a 25 basis point increase by end-September, down

According to Yonhapinfomax, SK Bioscience reported a 57.9% improvement in operating losses for Q2 2026 on August 10. The company posted revenue of 155.7 billion Korean won and operating losses of 15.7 billion won for the quarter. Improved performance from its German subsidiary IDT Biologics, acquired in 2024, contributed significantly to the loss reduction, with IDT achieving higher production volumes and cost improvements through workforce optimization and yield enhancement. SK Bioscience's pro

According to Yonhapinfomax on August 10, Jeju Air supplied 494,300 seats on China routes from January through July, representing a 26.8% increase compared to 389,900 seats in the same period last year. Passenger traffic reached 427,300, up 37.4% year-over-year, with a load factor of 86.4%, rising 6.6 percentage points. The airline attributed the stronger passenger growth relative to capacity expansion to visa-free policies and increased demand from younger travelers. Passengers aged 20–30 accoun

According to Taiwan Machinery Association, the island's machinery exports reached $3.305 billion in July, up 18.4% year-over-year on August 10. Exports have shown positive growth for 18 consecutive months, with the first seven months of 2026 recording a 19.1% year-over-year increase totaling $21.101 billion. The association noted that while global demand for AI and semiconductors continues to support machinery sector growth, geopolitical tensions and restrictions on high-tech products and rare e

According to Japanese media reports, on August 10, Japanese government bond yields surged after the Bank of Japan released its latest monetary policy meeting summary. The benchmark 10-year government bond yield rose to 2.810%, while the 2-year yield briefly touched 1.620%, its highest level in about 31 years. The 5-year yield climbed to a record high of 2.090%. Market pricing based on data from Totan Research and Totan ICAP showed the implied probability of a September rate hike surged to 66%, m

According to Sigma Chain's official announcement on August 10, the company plans to introduce blockchain technology, stablecoin payments, and NFT features to Cyworld following its acquisition of the South Korean platform. At a press conference in Seoul, Sigma Chain executives said users could purchase in-platform currency "Dotori" using stablecoins once issued by financial institutions, and selectively tokenize content as digital assets without mandatory minting. However, Sigma Chain did not dis

According to ChainCatcher, a Bitcoin whale transferred 26.96 BTC on August 10 that had remained unmoved since January 31, 2014. With an average cost of $803 per coin, the realized profit reached $1.73 million, representing a 7,975% return.

According to Jin10, former U.S. Air Force Secretary Frank Kendall had his security clearance revoked on August 10 after being accused of disclosing classified information about Air Force One to media. Pentagon spokesperson Sean Pannell confirmed via social media that Kendall "unauthorized disclosed classified information regarding Air Force One's performance," resulting in the revocation of his access to classified materials and disqualification from holding sensitive positions. In recent media

On August 10, South Korea's KOSPI closed with modest gains near the 6,300 level, while KOSDAQ surged approximately 7%. A buy-side circuit breaker was triggered during morning trading.

According to Korea Exchange, on August 10, KOSPI index closed up 0.65% at 6,299.66 points, while KOSDAQ surged nearly 7% to reclaim the 850 level. Individual and institutional buying pressure drove the rebound, with easing concerns over U.S. interest rate hikes supporting the gains.

Japan's 30-year government bond yield rose 5 basis points to 3.98% today.

According to Yonhapinfomax, South Korea's bond market weakened on August 10, with the 3-year benchmark yield rising 3.8bp to 3.785% in afternoon trading. The 10-year yield climbed 2.1bp to 4.236%, and the 30-year yield rose 6.1bp to 4.583%. Foreign investors purchased 4,147 contracts of 3-year government bond futures and 3,666 contracts of 10-year futures on a net basis. Market sentiment was cautious ahead of a press briefing by Bank of Korea Deputy Governor Ryu Sang-je scheduled for August 11.

According to the U.S. Department of War, Australia's Sunrise Energy Metals secured a $400 million loan commitment on Monday to develop the world's first primary scandium mine at its Syerston Project in New South Wales. Shares surged as much as 29% on the announcement before paring gains, last trading 16% higher. Scandium is a strategic rare earth element crucial for strengthening aluminum and used in defense, aerospace, artificial intelligence data centers, and other applications. The Trump admi

Recently, Nvidia CEO Jensen Huang endorsed an open letter backing open-weight AI models, attracting signatures from over 70 companies and industry figures within days. The letter, titled "Open Weights and American AI Leadership," calls for industry support of open-weight model development and opposes regulatory restrictions on open-source AI systems. Signatories include Microsoft CEO Satya Nadella, Tesla CEO Elon Musk, Turing Award laureate Yann LeCun, and AI researcher Andrew Ng. The letter has

According to Shanghai Futures Exchange announcement on August 10, the exchange has suspended two traders, Wang Xianyue and Xie Yuanchao, from opening new positions for 12 months. The traders engaged in matched trading across multiple accounts between January 8 and 23, 2026, on cathode copper options and other contracts to transfer funds and disrupt market order. The exchange also issued a public reprimand and ordered corrective action.

According to CryptoQuant, throughout 2026, Bitcoin whales have boosted holdings to 3.06M BTC despite prices dipping below $60K in June, signaling potential final stages of the bear market. The analytics firm's report finds that large Ethereum holders have accumulated to record highs near 19.6M tokens, with mega-whales (100k+ balance cohort) adding roughly 1.8M ETH since mid-2025, an increase of approximately 70%. XRP whales are similarly positioning in the $1.0–$1.2 range. CryptoQuant notes that