Gate Crypto Flash News and Market Updates

According to Japan Meteorological Agency, a 4.4-magnitude earthquake struck the Amakusa and Ashikita regions of Kumamoto Prefecture on August 4 at 2:06 PM local time. The maximum seismic intensity was recorded at 3, with an extremely shallow epicenter depth.

According to Yonhapinfomax, South Korean battery materials company EcoPro Materials reported an operating loss of 105.84 billion won ($81.5 million) in the second quarter of 2026, announced on August 4. This marks a reversal from the company's 156.78 billion won operating profit in Q1. Q2 revenue reached 1,787.88 billion won, up 7.4% from Q1 and up 129% compared to the prior year period.

According to Barchart, Microsoft stock surged 25% over the last three days, adding approximately $750 billion to its market capitalization, following a strong fiscal fourth-quarter report issued last Tuesday. Revenue increased 19% in the quarter, while Azure Cloud and related services climbed 43%, both exceeding Wall Street expectations. Microsoft is also reportedly planning to bring Xbox 360 games to personal computers, according to The Verge. Xbox 360 titles will run on the next-generation Pro

According to Maeil Business Newspaper, Samsung Electronics minority shareholders' platform Act launched an electronic signature campaign on August 4 to convene an extraordinary shareholders meeting. The effort seeks to secure 3% of issued shares to meet the legal threshold for convocation. Act's agenda includes a 45.5 trillion won buyback of common shares and revision of employee performance bonus structures tied to semiconductor business results.

According to Wall Street consensus and prediction markets, the U.S. Bureau of Labor Statistics will release July nonfarm employment data on Friday (August 7). Dow Jones economists expect 85,000 new jobs added and unemployment rate at 4.3%, while Reuters survey median forecasts 83,000-85,000. Prediction market Kalshi estimates roughly 60% probability of exceeding 70,000 jobs, 47% probability over 80,000, and 41% probability reaching 90,000, contrasting with June's 57,000 additions. The data marks

According to The Block, New York State's highest court dismissed the preliminary injunction motion against Kalshi on August 4. The case has been transferred to federal court, following the state's lawsuit last week alleging that Kalshi operates illegal gambling services within the state.

According to BlockBeats, Bithumb has listed two new trading pairs against South Korean won on August 4: META2/KRW and USDG/KRW.

According to E-Daily and EMPDoctor, on Aug 4 afternoon at 1:25 PM KST, South Korea's KOSPI index fell 63.95 points (1.02%) to 6,193.50, while KOSDAQ surged over 5%. KOSDAQ's rally was supported by the triggering of the buy-side circuit breaker for the 17th time this year.

According to analyst Jukan from Citrini, on August 4, Nvidia is discussing adjusting the HBM configuration for its next-generation Rubin Ultra GPU, potentially downgrading the primary version from HBM4E 12Hi 384GB to HBM4 8Hi 192GB, with a subsequent HBM4E 8Hi variant to follow. The analysis suggests that if this lower-spec HBM approach is adopted, Nvidia's total HBM demand in 2027 could decline from 24.1 billion Gb to 21.6 billion Gb, reducing overall HBM requirements by approximately 4%. The d

According to the Korean Exchange, on August 4 afternoon, the KOSPI fell 1.27% (down 79.49 points to 6,177.96), while the KOSDAQ surged over 5% driven by strength in biotech stocks.

Saudi Aramco posted adjusted net income of 125.2 billion riyals in the second quarter, beating market expectations of 116.75 billion riyals. Operating profit reached 216.15 billion riyals, up 29% year-over-year, though slightly below the forecast of 230.58 billion riyals. Second-quarter revenue totaled 450.77 billion riyals.

According to TechCrunch, Intelligence raised $7.9 million in seed funding on August 3, led by Index Ventures, with participation from Conviction, A, and Valkyrie. The U.S. startup operates DesignArena, a platform that lets users compare outputs from different AI models for tasks including websites, images, and videos. Intelligence reported 5.5 million platform users and $60 million in annual recurring revenue.

Saudi Aramco reported a decline in refining and chemicals sales volume in the second quarter of 2026.

According to Beating monitoring, Apple employees retain access to confidential files stored on personal iCloud accounts long after leaving the company. Former staff members report continuing to receive update notifications on internal documents even years after their departure, despite Apple disabling most internal permissions upon separation. The issue surfaced following Apple's lawsuit against two former employees accused of downloading unreleased product data and supply chain information, whi

Youngpoong and MBK Partners announced today (August 4) they are withdrawing a lawsuit seeking to overturn resolutions from Korea Zinc's January 2025 extraordinary shareholders meeting. The partners stated they have achieved their original litigation objectives and decided to dismiss the case as part of a broader settlement with other shareholders.

According to Jin10, Kioxia launched its KIOXIA GP1 SSD series on August 4, the first high-performance solid-state drive supporting direct GPU access to flash memory. The GP1 achieves 100M IOPS random read performance and is designed to support emerging AI storage architectures that integrate high-speed flash into GPU memory systems, enabling AI systems to access larger datasets at significantly lower cost than expanding HBM capacity while improving GPU utilization.

According to HSBC Holdings, Hong Kong Shanghai HSBC Bank posted pre-tax profit of $12.897 billion in the first half of 2026, up 37.44% year-over-year. The bank's overall pre-tax profit reached $19.522 billion, an increase of 23.48% compared to the same period last year.

According to The Block, the Blockchain Association sent a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on August 4, refuting concerns raised by the American Sheriffs' Association about the Clarity Act. The sheriffs had previously expressed concerns over what they claimed were overly broad exemptions in anti-money laundering, sanctions, and know-your-customer rules, particularly requesting removal or narrowing of the Building on Crypto Law Innovation for Developme

According to Bitget, HOME briefly reached a high of 0.0095 USDT today, up 24.76% in 15 minutes. The surge came ahead of Upbit adding HOME trading pairs in Korean won and USDT. HOME was trading at 0.0091 USDT at time of reporting.

According to Galaxy Research, on Monday confirmed losses from the Coldcard wallet incident exceeded $100 million, with 1,596 BTC stolen from approximately 7,300 addresses across three major attack waves and 14 smaller incidents. Galaxy's researchers noted that 73 victims had contacted them, and 90% of the stolen Bitcoin remained unmoved. The research group identified a suspected fourth wave that could bring total losses to approximately $130 million, but excluded it from the confirmed estimate p