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8/18
04:56
The Korea Media and Communications Commission stated that Polymarket's structure and operations amount to illegal gambling, despite its noncustodial design and smart contracts.
04:38
Mike Wilson, Chief U.S. Equity Strategist and Chief Investment Officer at Morgan Stanley, recently stated that gold is in a long-term bull market that has lasted approximately 25 years, making it an indispensable defensive asset in current investment portfolios. He believes that one of the core market narratives for 2026 will be "commodity rotation," spreading from gold and silver to rare earths, energy, and even semiconductors. The firm's commodity strategists maintain a target price of $5,200/ounce for gold in the second half of 2026, but note that a significant rebound in ETF inflows will be crucial for gold to reach this target. Morgan Stanley's baseline forecast is for the Federal Reserve to cut interest rates once in January 2027 and once in March 2027; if this policy path materializes, it is expected to provide support for gold.
04:19
BitBox stated it had received no reports of exploitation or fund losses related to these vulnerabilities.
04:19
Amid macroeconomic headwinds, with the 30-year U.S. Treasury yield rising to a new high of 5.33% since 2007 and Brent crude oil surpassing $91/barrel, Bitcoin still held the $64,000 mark, rising 1% on the day to around $64,100. Market risk appetite was affected by the escalating conflict between the U.S. and Iran, as Donald Trump threatened to bomb Oman if it intervened in U.S. actions in the region, leading to a decline in U.S. stock futures.
04:11
GlaSSEM, a joint venture between Samsung Electro-Mechanics and Doosan D&T, has had its mass production schedule for glass substrates delayed at least three times. According to The Elec, since equipment suppliers were first notified to prepare inventory in November 2025, the mass production timeline has been pushed from December last year to March this year, then to June, and is currently still undetermined. The direct reason for the delay is that the prototype submitted to a global communication chip client failed reliability tests, requiring re-development and certification. This could push back the construction of the production line to the second half of 2027, further delaying mass production to 2028 or even later. Meanwhile, Japanese manufacturers such as Shinko Electric Industries and DNP are accelerating their glass substrate technology and production line layouts, with DNP also targeting mass production in 2028. This narrows Samsung Electro-Mechanics' competitive window in the AI advanced packaging market.
04:06
Bybit will make ENSO, OPN, ROBO, BICO, ZKP, and AVA available across these services from August 21, 2026, 8:00 AM UTC. These assets will also serve as collateral for Crypto Loans, UTA Borrowing, and Institutional Loans, and as borrowing assets for Crypto Loans and UTA Borrowing.
04:06
Simon Penn, a macro strategist at UBS in London, noted in a report released on Monday that Germany's natural gas storage facilities are currently only 48% full, significantly lower than 65% a year ago and 75% during the 2022 energy crisis, reaching their lowest level for this time of year in 17 years. UBS economist Felix Huefner expects Germany's gas storage rate to reach only 65% by November, well below the government's target of 80% and the EU's requirement of 90%. UBS believes that low inventory levels, limited regasification facility capacity, and low Rhine river levels will impose multiple constraints on Germany's restocking efforts. If a severe winter occurs this year, Europe's largest economy could face both soaring natural gas prices and supply shortages, potentially further pushing up eurozone inflation and dragging down German economic growth.
04:02
China's State Grid Corporation on Monday completed the largest single issuance by a Chinese state-owned enterprise in Hong Kong's offshore yuan bond market, known as dim sum bonds. The deal underscores the growing appeal of the city's dim sum bond market.
03:55
Gold prices fell 0.4% to $4,455.30 an ounce, mainly pressured by rising oil prices and higher U.S. government bond yields, which increased the opportunity cost of holding non-yielding gold.
03:47
Ark Invest increased its holdings in Block Inc. stock on Monday after the stock fell 3%. In addition, Ark Invest also purchased $1 million worth of Securitize stock, which fell over 20% last week due to disappointing second-quarter results. Ark Invest also bought approximately $21 million worth of Block stock last week.
03:46
Germany's borrowing costs are poised to hit a 15-year high in a major sale of long-dated bonds, as investors demand greater compensation for lending to increasingly-indebted governments still grappling with inflation.
03:45
Former Premier Zhu Rongji, who died last week at 97, was cremated at a low-key funeral in Beijing on Tuesday, attended by President Xi Jinping. Authorities are reportedly wary that public mourning for Zhu's era of economic reform could lead to veiled criticisms of the current government. Online posts and essays related to Zhu have been censored, reflecting historical precedents where public grief for senior officials morphed into protests.
03:08
The rapid climb in US Treasury yields is emerging as a significant risk to the AI-driven stock rally across Asia, highlighting technology firms' vulnerability to elevated borrowing costs.
02:35
Oura, a Finnish health technology company, announced at a press conference in Seoul on Tuesday that it will expand its retail presence, customer support, and marketing in South Korea. The move sets up a direct competition with Samsung's Galaxy Ring in a market where smart rings have not yet achieved the mainstream appeal of smartwatches.
02:23
Bybit announced the KiiChain ($KII) Hotspot event, offering 1,000 USDT in rewards for participants. Users can complete tasks on Gleam to be eligible for prizes. The event runs from August 18, 2026, 10 AM UTC to August 31, 2026, 10 AM UTC.
01:59
Joao Wedson, CEO of crypto analytics platform Alphractal, stated that $57,000 is a key area to watch, and if Bitcoin falls to that level, a massive wave of leveraged long liquidations could occur. Current thin trading volumes could exacerbate sharp declines caused by liquidations.
01:54
Global bond and stock markets weakened simultaneously, affected by the continuous sell-off of US government bonds, rising oil prices, and escalating geopolitical tensions. The US 30-year government bond yield rose to 5.32%, its highest level since June 2007. Japan's 30-year government bond yield increased by 6 basis points to 4.135%. Former President Donald Trump stated his intention not to extend the expiring US-Iran agreement, leading to renewed tensions in the Middle East. Brent crude rose 0.6% to $91.45 per barrel, exacerbating market concerns about persistently high inflation. Asian stock markets fell across the board, with both the Nikkei 225 and Korea Composite Stock Price Index dropping 2%. Nasdaq 100 index futures fell 0.7%. Gold dropped 0.6% to approximately $4390 per ounce, while silver fell over 1%.

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