Gate Insights and Crypto Market Analysis

The United States remains the leading country for Bitcoin mining, but its share of the network’s global hash rate declined from 37.523% in the first quarter to 36.7% as of August 27, 2026. Russia, ranked second by hash rate, increased its share from 16.417% to 17.2% over the same period. Despite the increase in its percentage share, Russia lost 13 EH/s of hash rate, falling from 175 EH/s in the first quarter to 162 EH/s currently. Global Hash Rate Declines While the United States Maintains Its L

U.S. Treasury Secretary Scott Bessent said publicly this month that the K-shaped economy has “become a thing of the past,” arguing that a “C-shaped economy” is now taking shape, with lower-income consumers regaining growth momentum. Bessent made the remarks in an interview. He cited rising wages among low-income groups, the “no tax on tips” and “no tax on overtime” policies advanced by the Trump administration, as well as more aggressive tax cuts this year. Definitions of the Main Letter-Shaped

Cronos halted its blockchain on Sunday after an exploit targeting decentralized lending protocol Tectonic involved an estimated $75 million. The network identified the exploit and suspended operations while Tectonic warned users not to interact with the protocol during the investigation.

Bitcoin derivatives traders shifted toward defensive positioning this weekend as options data showed puts capturing 54.49% of 24-hour volume despite calls holding 60.89% of total open interest, according to Coinglass metrics. The defensive tilt comes as max pain levels across Deribit, Binance and

The National Cryptocurrency Association released an interactive map estimating the distribution of 67 million American crypto holders across all 50 states, Washington, D.C., and 435 U.S. House districts, according to an Aug. 24 announcement by Ripple Chief Legal Officer and NCA President Stuart

Swift (the Society for Worldwide Interbank Financial Telecommunication) officially launched its blockchain-based shared ledger in July, creating a 24/7 tokenized payment infrastructure. HSBC and Standard Chartered completed the first live cross-border transaction on the ledger following a pilot involving 17 banks, including Citibank and HSBC. Swift facilitates the movement of approximately $1,200 trillion to $1,500 trillion annually. Swift Blockchain Ledger Goes Live: HSBC and Standard Chartered

European Central Bank Executive Board member Isabel Schnabel stated clearly at the Jackson Hole symposium on August 29 that, for tokenized financial markets to operate stably, they must rely on assets whose supply can be expanded by central banks. Stablecoins are a complement to, rather than a substitute for, central bank money. The ECB’s Pontes project will go live in September, connecting the euro area’s settlement infrastructure, TARGET Services, with blockchain platforms. Schnabel’s Core Pos

According to Farside Investors data, U.S. spot Bitcoin ETFs saw net outflows of $201.9 million on August 28, ending a streak of nine consecutive trading days of net inflows. Fed Chair Kevin Warsh sent hawkish signals at the Jackson Hole global central banking conference, emphasizing that inflation has not returned to the 2% target at a sufficient pace. The market-implied probability of a September rate hike rose from approximately 35% to nearly 56%. Nine-Day Streak of Net Inflows for Spot Bitcoi

Sberbank, Russia's largest bank, plans to accept bitcoin, ether, and tether as collateral for loans, according to Anatoly Popov, deputy chairman of its management board, who disclosed the lending plans in an Aug. 28 interview with TASS. The proposed expansion will follow the implementation of Russia

Bank of Korea researchers Jung Hee-wan and Lee Jae-ho published a report on the 31st analyzing consumption in semiconductor-beneficiary regions. Monthly consumption in high-exposure areas such as Icheon, Hwaseong, and Cheongju was approximately 4% higher than other regions after bonuses were

Xiaomi has launched an official battery upgrade program for the Xiaomi 14 Pro, offering a replacement battery with a capacity of 5,140mAh—260mAh more than the original 4,880mAh battery. This is not a standard like-for-like battery replacement, but an official higher-capacity replacement option. The move comes as manufacturing costs for LPDDR5X memory and UFS flash storage have surged, driving up the prices of new flagship smartphones. Comparison of the Xiaomi 14 Pro’s Official Battery Upgrade Sp

Samsung Electronics and SK Hynix recorded their lowest daily trading volumes of the year on May 28, according to Korea Exchange data released May 31. Samsung Electronics traded 15,106,746 shares on May 28, representing 49.6% of its yearly average volume of 30.45 million shares, while SK Hynix traded

China's leading DRAM maker, ChangXin Memory Technologies, reported strong results for the first half of 2026: revenue of 150.31 billion yuan, up 873.64% year over year. Technically, ChangXin Memory Technologies' self-developed LPDDR6 chips have a peak speed of 12,800 Mbps. On August 29, Xiaomi announced that the Xiaomi 18 Fold would be the first device in the world to feature ChangXin LPDDR6, with a launch expected in September. ChangXin Memory Technologies H1 2026 Financial Data According to Ch

Celltrion announced a long-term shareholder return policy allocating one-third of annual consolidated net profit to shareholders. The biopharmaceutical company's board approved an immediate stock buyback of 524,384 shares worth approximately 1000 billion won, with purchases beginning September 1st.

On August 31, 2026, SK hynix (000660.KS) continued its recent weakness after the South Korean stock market opened. As of 9:10 a.m. local time, SK hynix was trading at 1.6M won, down 3.33% from the previous trading day. It briefly touched 1.58M won intraday, representing a maximum decline of 4.60%. At the day's exchange rate, the share price was approximately $1,165. This marked another significant fluctuation in SK hynix's ongoing pullback since it reached an all-time high in June 2026. For inve

“Machi Big Brother” Huang Licheng publicly stated on Aug. 27 that he was willing to bid $1 million to acquire Friend.tech, with plans to relaunch the project through a community takeover (CTO) model and redevelop it using the existing $FRIEND token contract on Base. The news drove $FRIEND ’s market cap from less than $300k to approximately $4.89 million. Huang Licheng Proposes a $1 Million Acquisition Offer Targeting the X Account and Official Website Huang Licheng publicly stated on Aug. 27, 20

Steak 'n Shake declared itself a 'Bitcoin company' on Aug. 30 on X, more than 15 months after the burger chain began accepting bitcoin payments at its restaurants. The announcement followed an Aug. 7 filing by parent company Biglari Holdings Inc., which reported a 13.8% same-store sales increase

Author Choi Young-min, who achieved financial freedom as an ordinary office worker, shared his investment strategy on Herald Economy's YouTube channel 'Investment 360'. Choi outlined a three-stage approach for Korean office workers to build wealth: accumulating seed capital, investing in growth

An anonymous account on a dark web forum claimed on Aug. 29 to possess Zeabur’s complete database, compressed to 612 GB, and offered it for sale through a Telegram account. Zeabur co-founder Lin Yuanlin responded in a post on Aug. 30, disclosing that the attack chain began with leaked AWS administrative keys. Regarding compensation, Lin Yuanlin announced that claims would be verified case by case based on technical support tickets, with payments completed no later than Sept. 30. Dark Web Forum P

The General Manager of the Bank for International Settlements (BIS), Pablo Hernández de Cos, said at the global central bank conference in Jackson Hole on August 28 that, as currently designed, stablecoins cannot yet become sufficiently credible large-scale payment instruments. They lack the three conditions required by a widely used monetary system: singleness, interoperability, and financial integrity. The BIS is more supportive of tokenized deposits, which it believes can preserve both innova