Gate Crypto Flash News and Market Updates

According to Jin10 Futures, on August 13, China's coal tar market faced downward pressure as coal tar feedstock auction prices continued declining, supply remained abundant, and downstream buyers negotiated lower prices. The market is expected to remain weak in the near term.

According to Samsung Electronics' System LSI division, the company integrated Anthropic's Claude Code into its semiconductor research and development process since May, achieving significant efficiency gains over the past three months. A customized SoC verification project that previously required over one month was completed in just two days, representing a 15-fold efficiency improvement. In another case, a junior engineer with only two years of experience completed USB device model development

According to Nikkei Asia, today MUFG is advancing a blockchain-based instant settlement service for Japanese government bond (JGB) repurchase transactions (Repo). The financial group plans to use tokenized money market funds (MMF) and stablecoins to process JGB Repo trades on blockchain, aiming to reduce settlement times in traditional securities transactions. The initiative connects traditional financial assets with blockchain-based digital assets, leveraging blockchain to consolidate trading a

According to CoinDesk, Miden will launch USDCx, a privacy-focused stablecoin pegged 1:1 to USDC, set to go live alongside mainnet in late August. Built on Circle's xReserve infrastructure, USDCx enables users to hold and transfer funds without exposing balances, counterparties, or transaction history on-chain, while supporting selective disclosure for compliance needs. Miden positions USDCx as foundational to its "PriFi" (privacy finance) strategy, targeting institutional trading, B2B payments,

According to Yun Zhisheng (09678), the company recently released U2-RadiMed, a self-developed multimodal medical imaging large model. The model is China's first full-chain medical imaging model integrating image understanding, report generation, clinical reasoning, and visual question answering, supporting CXR, CT, MRI and other imaging types with multi-modal mixed inputs including multiple images and text. In authority benchmarks, U2-RadiMed scored 55.47 on comprehensive evaluation, ranking fir

According to Yonhapinfomax, South Korea's financial regulator will tighten management standards for exchange-traded funds (ETFs) starting August 19. The tracking error thresholds will narrow from the current 3% for domestic products and 6% for overseas products to 2% and 5% respectively, calculated on closing prices. Securities firms serving as liquidity providers (LPs) that intentionally or grossly negligently violate the new tracking error requirements will face penalties including restriction

According to CNBC, on August 12, Wendy's stock surged 14.70% to close at $8.66 as Tyrian Fund, led by Nelson Peltz, advanced plans to take the fast-food chain private. Tyrian partnered with major franchisees Flynn Group and Blue Five Capital to acquire full ownership and convert Wendy's into a private company. Tyrian currently holds 7.85% of Wendy's, while Peltz's personal stake brings combined influence to 16.24%. Wendy's has faced recent operational challenges, including six consecutive quarte

According to Maeil Business Newspaper, KT reported Q2 operating profit of 648.3 billion won on August 12, missing year-on-year comparisons that included one-time real estate gains, but core operating profit of 610 billion won exceeded market expectations. Q2 net income declined 34.5% to 480.6 billion won due to a 54 billion won penalty from the Personal Information Protection Commission. The telecom company unveiled a mid-term strategy to expand AI infrastructure, targeting ROE of 9-10% by 2028

According to Samsung Asset Management, the KODEX 200 Covered Call Active ETF reached net assets of 536.4 billion won one month after its July 14 launch, driven by strong retail investor demand. Personal investors made net purchases of 465.2 billion won, ranking first among domestic covered call ETFs over the past month and third across all ETFs including leveraged products. The product's appeal stems from its monthly distribution structure and tax efficiency. The first monthly distribution yield

Singapore-listed UltraGreen.ai reported on August 12 that first-half 2026 net profit after tax rose 45% to US$39.4 million, while revenue increased 24% year-on-year to US$87.2 million. Sales volumes grew 11% to approximately 589,511 vials, with gross margin improving to 87% from 85%. Regional performance varied significantly: Asia-Pacific led growth at 45%, Europe, Middle East, and Africa rose 24%, while the US increased 4%.

According to Citic Securities, the U.S.-Iran-Israel conflict has persisted for over five months, and a potential Iran-Oman strait navigation agreement will not fully resolve shipping risks in the region. The brokerage noted that negotiations face structural obstacles: the agreement serves primarily as a pressure tool for Iran against the U.S., while both sides remain at odds over strait control authority. Citic expects the Middle East situation to remain deadlocked between Trump's partial conces

According to Bitget data cited by BlockBeats, South Korea's KOSPI index (benchmark equity index) rose 3.38% in early trading on August 13. Samsung Electronics and SK Hynix gained 4% and 5%, respectively.

Dipple Technology (01384) announced today the placement of 14.286 million new H-shares at HK$35 per share, representing a 3.74% discount to yesterday's closing price of HK$36.36. The placement is expected to raise approximately HK$500 million in gross proceeds, or HK$488 million net. Proceeds will support AI employee infrastructure and token productivity platform development, strategic investments aligned with the company's core business, and general working capital needs.

Since implementing Arizona's crypto ATM law, 35 fraud victims have received full refunds totaling $171,332 through the legislation.

According to Odaily, AI chipmaker Cerebras reported second-quarter revenue of $210 million, up 103% year-over-year, with cloud services revenue reaching $126 million (nearly 4x growth). However, hardware sales declined 23% to $54.1 million, while the company posted a net loss of $450.5 million compared to a $309.5 million profit in the prior year. The company raised its full-year revenue guidance to $880-890 million from the previous $855-865 million range. Following the earnings release, Cerebr

According to Odaily, Binance launched VIP Earn, a centralized yield center integrating on-chain yield products. VIP users across membership tiers 1–9 can earn 10%-20% higher annual yields on over 20 digital assets, including Bitcoin, ETH, USDT, and BNB, with higher subscription limits. The product auto-opens for eligible VIP members with no additional registration required. Binance stated VIP Earn aims to boost capital efficiency, allowing users to manage assets and earn yields without transferr

According to Odaily星球日报, on August 11, Fidelity submitted a registration statement amendment to the SEC requesting to add ETH staking functionality to its Fidelity Ethereum Fund (FETH). Under normal conditions, FETH can stake up to 100% of its ETH holdings with no minimum staking requirement. If approved, the fund's investment objective will shift. Currently, FETH tracks the Fidelity Ethereum Reference Rate minus fees. With staking enabled, the fund will track the reference index while also capt

According to Bloomberg ETF analyst Eric Balchunas on X, Roundhill recently filed an application for a Samsung Group ETF that will hold member companies of Samsung. The analyst noted that these companies currently do not appear to be accessible to U.S. investors through American Depositary Receipts (ADRs).

According to Washington Post, U.S. officials said Israel provided intelligence claiming the U.S. president faced a security threat during his visit to Turkey. The officials suggested the intelligence disclosure may have been intended to influence Trump's decision-making.

According to Guru Club, New York spot gold broke through $4,470 per ounce on August 13, up 0.04% intraday.