Gate Crypto Flash News and Market Updates

Xiangrui Tungsten Industry announced H1 2026 operating revenue of 2.633 billion yuan, up 182.85% year-over-year, with net profit attributable to shareholders reaching 482 million yuan, surging 2,522.40% year-over-year.

According to Morgan Stanley, the company raised Marvell Technology's (MRVL) price target to $246 from $224 on August 28, representing a 9.8% increase.

According to predict.fun, IG holds a 71% probability of defeating TT in today's Knights Path playoff match, scheduled for 5 p.m. local time. The best-of-five series is an elimination match; the winner advances to the LPL playoffs, while the loser ends their season.
IG enters with a 4-1 record

According to Seoul Foreign Exchange Market data, the Korean won weakened to 1372.5 against the US dollar today, marking its lowest level in 13 months. The currency fell 8.4 won compared to the same time yesterday.
The won has not traded at this level since July 24, 2025, when it reached 1367.20. Th

On August 28, Nvidia reported record quarterly revenue of $96.221 billion with net income of $60 billion and gross margin near 75%, up 106% from a year earlier. CFO Colette Kress surprised markets with a 70% revenue growth forecast for fiscal 2028, well above Wall Street's 44% consensus estimate.

According to Maeil Business Newspaper, on August 26, the Trump administration declared a national emergency on the U.S. power grid, effectively banning Chinese battery energy storage systems (BESS) from large-scale power infrastructure on national security grounds. Chinese suppliers had previously d

According to Lookonchain monitoring on August 28, a suspected insider wallet (0x2078) purchased 2 million FRIEND tokens for 1.88 ETH (approximately $4,700) before the token's price surge. The wallet subsequently sold the entire position at 20.25 ETH (approximately $50,800), realizing a

According to Ukrainian President Zelensky, on August 27, Ukraine struck an oil refinery in Yaroslavl region, located 1,000 kilometers from the front lines. Ukraine also responded to Russian military operations in the Black Sea by targeting a Tu-95MS missile carrier aircraft at an airbase in Engels u

According to the UK government, the country plans to give the Bank of England a secondary objective to support innovation in stablecoins, tokenized finance, and digital payment infrastructure. The mandate will cover emerging technologies and digital settlement assets while remaining subordinate to t

According to a Federal Reserve Bank of Dallas study published on August 25, researchers warn that the rapid adoption of tokenized deposits and instant settlement technologies could reduce banks' maturity transformation capacity by approximately $580 billion. The research, authored by Dallas Fed

According to PANews (Lookonchain data), FRIEND token surged nearly 30 times on August 28 following Huang Lixing's $1 million offer to acquire Friendtech. On-chain analysis also detected a suspected insider wallet (0x2078) that had been dormant for 6 months, buying 2 million FRIEND with 1.88 ETH

Eurozone August industrial confidence index and economic sentiment index are scheduled to be released shortly at around 08:30 UTC on August 28.

According to Fiscal.ai, Affirm Holdings Inc. (AFRM) stock jumped over 10% overnight Thursday after the company's fourth-quarter results surpassed expectations. Revenue reached $1.17 billion, above consensus estimates of $1.11 billion, while net income per diluted share came in at $4.62, far

Anthropic released Model Hardware Standard (MHS) in research preview, enabling AI agents to directly operate physical machines including microscopes, liquid handlers, robotic arms, and quantum computing laser systems through a unified interface. The standard reduces hardware integration time from

According to the Korea Exchange, since July, 14 KOSPI-listed and 52 KOSDAQ-listed companies have been designated as stocks under management due to falling market capitalization and stock prices following tightened delisting criteria. The exchange and financial authorities raised the market cap

According to Meituan's announcement, the company's core local commercial business revenue increased 10.1% year-over-year to 71.5 billion yuan in the second quarter of 2026. Operating profit turned positive at 5.7 billion yuan with an operating margin of 7.9%, benefiting from improved profitability i

According to ChainCatcher, Brazil's central bank has developed a real-time crypto threat warning system in partnership with Hypernative to help banks and local crypto exchanges identify attacks, respond, and trace funds. The system follows a July 2025 incident where cybercriminals exploited a

According to BlockBeats and TradingBeats monitoring, on August 28, a Polymarket trader completed five consecutive Yes positions between 14:00–14:02 betting on Federal Reserve rate cuts across multiple scenarios, including 25 basis points in

According to Jin10, U.S. AAFS Infrastructure & Energy Company plans to increase its total investment in Bosnia and Herzegovina to over 2 billion euros, announced on August 28. The company's top official in Bosnia, Amer Bekan, stated the firm will build a 100-megawatt data center and related

According to Salesforce's announcement on Wednesday, the company posted strong Q2 results and unveiled an expanded partnership with Anthropic to integrate Claude AI models into its platform. CRM stock surged 22.6% on Thursday—its best single-day move in six years—before pulling back slightly