Gate Crypto Flash News and Market Updates

According to Russia's Defense Ministry, on August 24, it struck a tanker carrying fuel and lubricants for Ukrainian forces near Pivdennyi Port in Odesa, along with port infrastructure used for unloading and storing military cargo.

On August 21, Anthropic announced the hiring of Amir Salek, who founded Google's custom chip business and previously led TPU development, to establish an AI chip design team. The move is part of Anthropic's strategy to reduce reliance on Nvidia and diversify chip suppliers. Anthropic has secured approximately 3.5GW of next-generation TPU capacity for 2027 through expanded partnerships with Google, Broadcom, and British startup Fractile, which includes a $250 million initial purchase agreement. A

According to Korean Economic TV, Kakao's stock price plummeted on Friday following the announcement of a share split designed to preserve shareholder value. Short-selling trading volume surged nearly 10-fold in response to the announcement.

According to Korea Exchange data, Samsung Electronics fell 8.17% to 258,500 won as of 2:20 p.m. on August 24, while SK Hynix declined 2.25% to 1,691,000 won on the same day, after both semiconductor giants announced large-scale shareholder return programs in recent trading sessions. Analysts attributed the pullback to profit-taking following sharp rallies. KB Securities researcher Kim Dong-won noted that Samsung's existing policy of returning 50% of free cash flow could generate over 600 trillio

According to Barcleys interest rate strategists on August 24, Federal Reserve Chair Powell will likely advocate for reducing the central banks reliance on forward guidance at the Kansas City Feds annual Jackson Hole Economic Symposium, to be held August 27-29. The strategists believe Powell views forward guidance as a source of past policy mistakes. The Fed chief is expected to emphasize long-term economic drivers, particularly productivity trends and their impact on potential growth. While Powe

According to Russia's Defense Ministry, Russian forces shot down 351 Ukrainian unmanned aerial vehicles overnight on August 23-24.

According to Foresight News, Robinhood CEO Vlad Tenev said in a recent interview that prediction markets have become the company's fastest-growing business line, generating hundreds of millions in annual revenue. The company launched its prediction market product shortly after legal approval of presidential election-related prediction markets and has since expanded the offering significantly. Tenev highlighted that a key challenge now is maintaining core user experience consistency as the produc

According to Foresight News, Term Finance shut down all Meta Vaults yesterday (August 23) following a governance attack that resulted in losses of approximately $8.5 million, as detected by CertiK. The platform has also revoked all DAO governance roles. The closure is irreversible and permanently bars new deposits, though withdrawals remain open. The underlying Term protocol and its direct lending markets have not been affected, and the team is continuing to assess the full scope of the incident

According to MarketWatch columnist Brett Arends, rising long-term Treasury yields and elevated U.S. stock valuations pose significant risks to financial markets. The 10-year U.S. Treasury yield returned to approximately 4.70% on Thursday morning, erasing gains from the Treasury Department's expanded buyback announcement. Arends, citing views from former Federal Reserve official Bill Dudley, identified three key concerns: overvalued U.S. equities, circular financing in the AI boom (where tech gia

According to Ray Dalio, founder of Bridgewater Associates, on August 21, the U.S. federal government could face a debt crisis within three years. In response, Dalio recommended reducing bond allocations in investment portfolios while increasing gold holdings to 10-15%, according to his LinkedIn post.

According to Jin10, Moonshot AI announced that Kimi K2.5, its first-generation trillion-parameter multimodal model, will cease operations by the end of August.

Shanghai Futures Exchange Europe-Asia shipping futures main contract rose 8% today, closing at 2,040 points.

According to Pakistan's Virtual Assets Regulatory Authority (PVARA), the regulator opened its crypto licensing portal on Saturday following notification of regulations governing virtual asset service providers. Companies operating before March 5 must submit an application for a no-objection certificate by Sept. 5 or cease operations. Operating without submitting an application after the deadline will constitute an offense. The framework covers exchanges, custody, lending, derivatives and mining

According to Odaily, PopMart's largest shareholder 段永平 responded to critics following the company's disappointing H1 earnings, stating he focuses only on the company's long-term prospects rather than market expectations. "I don't care about public expectations, only about the company's future," he said, adding "I don't care about short-term things" and that he believes the financial report looks "quite good." When a commenter sarcastically suggested 段永平 would regret the investment in his old age

According to Odaily, Popmart released its H1 2026 financial report on the week, reporting revenue of 171.7 billion yuan, up 23.8% year-over-year, with adjusted net profit of 51.6 billion yuan and 30% net margin. Six major intellectual properties (THE MONSTERS, Starry Beings, CRYBABY, DIMOO, SKULLPANDA, Hirono) each generated over 1 billion yuan in revenue, with 11 IP lines exceeding 100 million yuan. THE MONSTERS family, led by LABUBU, topped the chart with 44.5 billion yuan in revenue, while St

According to Odaily, Popmart founder Wang Ning announced at the company's recent mid-year 2026 earnings call that the collectibles retailer will launch a share buyback plan valued between 2 billion and 5 billion yuan over the next six months. The announcement came as Wang highlighted H1 2026 growth exceeding 20% and expressed confidence in the company's long-term development despite near-term challenges.

According to PPP prediction market monitoring, the probability that Trump will declare a national emergency by year-end citing electoral interference reached 35% on Polymarket, up 15% over the past 24 hours. The prediction market assumes a formal declaration under the National Emergencies Act before December 31, 2026.

According to CNBC, on August 24, Alibaba's Hong Kong-listed shares fell 9.76% to HKD 111.00, closing lower after the e-commerce and cloud giant announced a HKD 80 billion (approximately KRW 14 trillion) capital raise. The company plans to issue 710 million new shares to international investors at HKD 112.70 per share, representing an 8.4% discount to the August 21 closing price. The funds will be fully directed toward developing AI semiconductors and building data centers to strengthen its full-

According to Gate's official announcement, Gate and World Liberty Financial (WLFI) will distribute 700,000 WLFI tokens on August 26 at 08:00 UTC+8 to users who accumulated points during the designated tracking period. The tokens will be credited directly to eligible users' spot accounts. Since the joint USD1 points program launched in August 2025, the initiative has distributed a cumulative 3,000,000 WLFI tokens to participants.

According to Coinglass, 73.29 million USDT transferred out of Binance to an unknown wallet on Aug 24 at 1:18 PM UTC.