Gate Crypto Flash News and Market Updates

According to PANews, on August 18, Ant Group announced plans to sell a 3% stake in Indian digital payment and fintech company Paytm for $309 million.

According to Ripple's official statement, Ripple partnered with Jeonbuk Bank in South Korea to deploy Ripple Payments for cross-border remittances, making the latter the first regional bank in the country to adopt the service. The partnership targets import-export companies, IT startups, and online content creators. Ripple Payments handles settlement in seconds to minutes and operates 24/7, compared to traditional transfers via SWIFT that can take several days to complete.

According to its Chinese-language account, BitMart demanded founders Sheldon Lee and Yi Li respond publicly by August 19 over frozen user funds and unpaid employee salaries on August 17. The account called for verifiable asset disclosures, details on withdrawal restrictions, and a comprehensive repayment plan addressing remaining assets, total liabilities, expected user recoveries, and timelines. Founder Sheldon Lee responded by calling the allegations "fabricated rumors" and stated that BitMart

According to India, a ministerial-level roundtable between India and Singapore will be held on August 20.

According to Hong Kong Stock Exchange data, on August 13, J.P. Morgan reduced its stake in Luxshare-ICT (2475.HK) by 15.296 million shares at HK$61.98 per share, raising HK$947.89 million. Following the reduction, J.P. Morgan's holding decreased to approximately 31.589 million shares, representing a 7.97% stake.

Baidu released its second-quarter 2026 earnings, reporting AI cloud infrastructure revenue of 7.3 billion yuan, up 50% year-over-year. GPU cloud services saw a notable surge of 283% YoY and have achieved triple-digit growth for four consecutive quarters.

Jane Street disclosed over $1 billion in U.S. spot Bitcoin ETF holdings as of the second quarter of 2026, according to the firm's Form 13F filed with the Securities and Exchange Commission (SEC) on August 14. The quant trading firm holds approximately $828 million in BlackRock's iShares Bitcoin Trust (IBIT), alongside positions in Fidelity's FBTC and Grayscale's GBTC. The same Q2 filing revealed a significant expansion in Jane Street's XRP ETF exposure, with the firm holding over 1.2 million sha

According to Yonhapnews Agency, on August 18, former South Korean First Lady Kim Geon-hee was indicted on charges of solicitation of bribes and abuse of power by the special investigation team. Prosecutors allege that Kim improperly interfered in the relocation of the presidential residence after her husband Yoon Suk-yeol took office in 2022, enabling a company with close ties to her to secure the project. Kim is accused of receiving approximately 10.12 million won (about 48,000 yuan) in valuabl

According to BlockBeats, on August 18, Nvidia reached agreements with major Wall Street institutions including Goldman Sachs, Blackstone, BlackRock, and Apollo to arrange GPU financing up to $500 billion. The same day, Nvidia announced support up to $105 billion for OpenAI's Ohio data center project. CEO Jensen Huang stated that leading AI labs are growing faster than their balance sheet and credit capacity, requiring external capital for infrastructure. Nvidia will provide up to 25% guarantee s

According to Guru Club, OpenAI has partnered with CodeAI today to prepare for the first generation of artificial intelligence. The collaboration aims to advance AI development and capabilities.

According to Guru Club, MSCI Emerging Markets Index declined 0.7% on August 18, ending four consecutive days of gains, with losses led by declines in Samsung Electronics and Taiwan Semiconductor Manufacturing Company. The Emerging Markets Currency Index fell 0.1%, while the U.S. dollar strengthened for the first time in four days, as a combination of global bond selloffs and rising oil prices pressured risk sentiment.

According to Guru Club, OpenAI launched ChatGPT Teen on August 18. The platform automatically switches users aged 13-17 or flagged as minors by the system to the teen version. The rollout includes additional prompts and control measures designed to reduce risks in the usage environment and guide adolescents toward beneficial tools and protective features.

According to Guru Club, on August 18, coke producers launched their first round of price hikes of 50–55 yuan per ton, with the hikes expected to take effect. Coking coal prices rose significantly across major trading hubs: at Ganqimaodu Port, Mongolia Grade 5 raw coal reached 1,431 yuan per ton and Grade 5 refined coal hit 1,573 yuan per ton; in Tangshan, Hebei, Grade 5 refined coal traded at 1,600 yuan per ton. All prices are cash quotes including tax at respective delivery locations.

According to Hong Kong Exchange data, on August 14, Fullgoal Fund Management Co., Ltd. reduced its holdings in Sino-Prosperity Materials (06067) by 1.404 million shares at HK$7.2371 per share, totaling approximately HK$10.16 million. Following the reduction, the fund's remaining shareholding stands at 13.283 million shares, representing 8.88% ownership.

According to Hong Kong Exchange data, GIC Private Limited reduced its stake in Luokung Precision (02475) by 2.461 million shares on August 13 at HKD 61.27 per share, raising approximately HKD 15.077 million. Following the transaction, GIC's holding decreased to 23.6426 million shares, representing a 5.97% stake in the company.

According to The Block, former Coinbase Chief Technology Officer and a16z partner Balaji Srinivasan has restarted Network School in Kazakhstan, in partnership with the Kazakhstani government. This follows the project's operations being halted in Malaysia less than a month prior. Network School is an educational and community initiative centered on the network state concept, designed to bring together entrepreneurs and technology talent for learning and collaboration.

According to Hong Kong Stock Exchange data, Director Luo Feng increased his holdings in Green Energy Group Ltd. (stock code: 01870) by 750,000 shares at HK$0.194 per share on August 14, with a total investment of HK$145,500. Following the transaction, Luo Feng's total shareholding stood at 50.9275 million shares, representing a 5.01% stake in the company.

According to Hong Kong Stock Exchange data, Taobao China Holdings reduced its stake in Esen Enterprises Holding (02048) by 4.2753 million shares on August 13 at HK$0.0301 per share, totaling approximately HK$128,700. Following the reduction, the company's total holding decreased to approximately 101 million shares, representing a 5.76% stake in the company.

According to Hong Kong Stock Exchange data, BlackRock increased its stake in S.F. Express Holdings (06936) by 394,600 shares at HK$32.441 per share on August 13, totaling approximately HK$12.8 million. Following the transaction, BlackRock's total shareholding in S.F. Express reached approximately 23.557 million shares, representing a 5.06% stake in the company.

According to Zhi Tong Finance, Bright Smart Global (stock code 00327) will distribute an interim dividend of HK$0.08 per share on September 24, 2026.