Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
11:03

Iran and Tajikistan Reach Long-Term Oil Cooperation Agreement

According to CCTV, Iran and Tajikistan reached a long-term oil cooperation agreement in recent negotiations, according to Iranian sources. Under the accord, Iran will export oil products to Tajikistan and supply crude oil to Tajikistan's refineries. The two nations finalized the energy partnership through their latest round of talks.
10:59

Meme Token "Niu Lai" Surges 223% in 24 Hours with $37.5M Trading Volume on BNB Chain

According to GMGN data, the Meme token "Niu Lai" on BNB Chain recorded 24-hour trading volume of $37.5 million on Aug 16, with market capitalization reaching $16.4 million. The token surged 223% in 24 hours but has retreated approximately 45% from its intraday high of $29 million. The corresponding animated film also entered China's top 10 domestic animation box office chart for 2026, with cumulative box office revenue of 4.648 million yuan, according to Lighthouse Pro data.
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10:56

KOSPI Gains 11.49% on Weekly Basis; Samsung Electronics, SK Hynix Recover on AI Optimism

South Korea's KOSPI index closed at 6,977.94 on Friday, up 719.17 points (11.49%) for the week amid five consecutive trading days of gains. The rally was driven by easing concerns over artificial intelligence infrastructure investment sustainability, following major U.S. tech earnings reports. Samsung Electronics rose 18.83% over the week, recovering to the 270,000-won level, while SK Hynix climbed 15.68% to around the 1.6 million-won mark. Foreign investors reversed course to net buy 6.5741 tri
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10:51

Ginkgo Bioworks Releases H1 2026 Results; Revenue Rises to $404M, Net Loss Narrows 29.25%

According to its interim results announcement, Ginkgo Bioworks (01548) reported revenue of $404 million for the six months ended June 30, 2026, up 27.35% year-over-year. The company's net loss narrowed to $129 million, a 29.25% improvement compared to the same period last year, with a loss per share of 5.92 cents. The revenue growth was driven by increased demand for AI-driven drug discovery and antibody development, stronger upstream demand recovery in the CRDMO sector, and continued expansion
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10:50

Trump Administration Bypasses Iran Negotiators to Contact Revolutionary Guard in May, Barzani Serves as Secret Channel

According to ChainCatcher, citing three informed sources, Trump administration officials bypassed Iran's official negotiators in mid-May to establish direct contact with senior Islamic Revolutionary Guard Corps leaders. Amid uncertainty over whether Iran's negotiators truly represented the Revolutionary Guard's interests, the U.S. delegated secret communications through Nechirvan Barzani, president of Iraq's Kurdistan Regional Government, who held rare trust from both American and Iranian Guard
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10:46

Zhongjin Gold Reports $14.51B Net Profit for H1 2026, Up 178.83% YoY

According to Zhongjin Gold International's announcement, the company reported mid-year earnings for the first half of 2026 with revenue of $3.987 billion, up 99.67% year-over-year, and net profit attributable to parent of $1.451 billion, up 178.83% YoY. Gold production reached approximately 27.3 tons, with an average selling price of $4,643 per ounce. The company declared an interim dividend of HK$1.5 per share, with earnings per share at $0.54.
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10:40

Zijin Mining's H1 Gold Output Jumps 44% to 27.3 Tons; Revenue Up 100%

According to Jin10 and an official announcement, Zijin Mining Group International (02259.HK) reported first-half 2026 results on August 16. Gold output reached approximately 27.3 tons, up 44% year-over-year, driven by newly acquired assets and optimization of mature mines. Revenue and net profit attributable to the parent company surged 100% and 179% respectively.
10:37

Beiru River Embankment Breach in China's Henan Province Sealed on Aug 14, Following 40+ Meter Collapse

On Aug 12, Fishxi Village in Gai County, Pingdingshan, Henan province, experienced a 40+ meter embankment breach on the Beiru River following heavy rainfall from Typhoon Baihaidun's remnants. The province received continuous precipitation starting Aug 10, affecting multiple waterways and triggering dam breach risks across Pingdingshan, Xuchang, and Zhoukou. The Beiru River breach was successfully sealed on Aug 14, while emergency reinforcement efforts continue at two other critical sites.
10:33

Russia Claims Record Single-Day Takedown of 1,478 Ukrainian Drones on August 16

According to Russia's Defense Ministry, on August 16, Russian air defense forces shot down 1,478 fixed-wing drones in a 24-hour period — marking the highest single-day tally disclosed by the Russian Defense Ministry to date. The same report states Russian forces also destroyed 14 guided aerial bombs, one U.S.-made HIMARS missile, and nine Flamingo long-range cruise missiles. Ukraine's Armed Forces General Staff reported on August 16 that Ukrainian forces attacked the Kamensky Joint Enterprise in
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10:29

Bits of Gold Suffers Data Breach Affecting 200,000 Customers on August 16

According to Crypto Briefing, Israel's largest compliant crypto broker Bits of Gold suffered a data breach on August 16, with approximately 200,000 customers' personal information stolen by hackers. The company holds Israel's first virtual asset service provider (VASP) license. While specific data types were not disclosed, typical customer information collected under KYC regulations includes identity documents, address proof, and financial records. Experts warn such breaches commonly enable phis
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10:28

Trump Administration Bypasses Iran Negotiators, Contacts IRGC Leadership in May

According to Axios, Trump administration officials bypassed Iran's official negotiators and directly contacted Islamic Revolutionary Guard Corps (IRGC) leadership in May, citing uncertainty over whether the Iranian representatives truly represented the powerful military organization. The U.S. chose Iraqi Kurdistan Regional Government President Nechirvan Barzani to establish the secret communication channel, as he held rare trust from both American and IRGC leadership. The U.S. and Iran ultimatel
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10:25

Bill Gates' Daughter's E-Commerce Startup Faces Federal Wire Fraud Charges Over Commission Theft; CEO Faces Up to 20 Years Prison

According to reports, Phoebe Gates, daughter of Microsoft co-founder Bill Gates, founded an e-commerce startup that was recently accused of using cookie hijacking technology to redirect affiliate marketing commissions that should have been paid to content creators and promoters to the company itself. The startup, which raised $43.5 million across two funding rounds and reached a $185 million valuation after launching its comparison shopping app in 2025, could face federal wire fraud charges. If
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10:22

AI Chip Financing Creates $70 Billion in Off-Balance-Sheet Liabilities, Raising Credit Risk Concerns

According to Bloomberg, Nvidia and Broadcom are providing residual value guarantees (RVG) to support AI chip financing, creating approximately $70 billion in off-balance-sheet liabilities that are not directly reflected on corporate balance sheets. These contingent obligations, which transfer to actual losses if customer defaults occur or chip values decline sharply, have prompted bond investors to reassess credit risks in the AI supply chain. Under the RVG structure, special purpose vehicles bo
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