Gate Crypto Flash News and Market Updates

According to Al Jazeera on August 1, General Ali Abdollahi, commander of Iran's central military command Headquarters of Hatemul Mebeen, warned that escalating U.S. actions risk sparking broader regional conflict. He stated that Middle Eastern nations should recognize that the United States seeks to use their wealth, infrastructure, and resources as a defensive shield for its weakening military. Abdollahi warned that any country serving as a U.S. "defensive shield" will be "engulfed in war."

According to Coinglass, on Aug 1 at 16:39 UTC, 52.64 million USDT flowed into Binance from an unknown wallet.

According to Jin10 data, heavy rainfall and thunderstorms hit Guangzhou Baiyun International Airport on August 1 afternoon, triggering a large-scale flight disruption. As of 3:35 p.m., 42 outbound passenger flights were delayed beyond one hour, prompting the airport to activate a blue-level emergency response. The airport activated contingency plans and coordinated with ground units, increasing service counters at check-in, security, and baggage inquiry points to handle the disruption.

According to Foresight News, DeFi Kingdoms' Avalanche L1 DFK Chain will shut down on August 26. The project will assist users in migrating assets to Avalanche C Chain. DeFi Kingdoms is also opening its SDK to third-party developers, enabling them to build using DFK's systems, mechanics, and assets.

According to Reuters, on August 1, Alphabet rolled back the AI image generation feature it launched in Google Earth just one day prior after user-shared images appeared to violate company policies. The feature, powered by Google's Nano Banana 2 AI model, enabled users to generate realistic images based on Google Earth satellite, aerial, and 3D imagery for any location on Earth through text prompts.

According to Iranian Army spokesman, Iran deployed new unmanned drones on August 1, with specific details to be disclosed in the coming days.

According to Kuwait's Armed Forces, the country shot down a drone over its airspace on August 1, following reported Iranian strikes on government facilities in northern Kuwait and a private company on Bubiyan Island. Debris from the intercepted drone fell to the ground, causing damage to facilities. No casualties have been reported so far.

According to Galaxy Research, 1,196 Bitcoin wallets were emptied of approximately $70 million in 41 minutes on July 30 due to a Coldcard hardware wallet firmware bug dating back to March 2021. The vulnerability stemmed from a coding error that weakened the wallet's random number generator (RNG), allowing attackers to predict private key seeds using only the device's serial number and clock data. Researchers at Galaxy and Block tracked the theft and identified that attackers automatically generat

According to Odaily, Minicoin announced that MINI, the native token of its IP RWA network built on Creditcoin blockchain, will debut as the first project on PenguinSwap Launchpad's public offering. Mini Labs, the development company behind Minicoin, has received official authorization from IPX. The platform allows users to mint intellectual property as IP NFTs representing complete ownership, with revenue settlement conducted in MINI tokens. Minicoin's adventure game "minini universe: ROOM" is n

According to Ukrainian President Volodymyr Zelensky, on August 1, Russian airstrikes on Ukraine killed 9 people and wounded dozens, severely damaging Kyiv. The strikes destroyed 18 buildings, a school, and multiple infrastructure facilities, while Ukrainian forces intercepted only one Russian ballistic missile. Zelensky attributed the limited interception effectiveness to a shortage of Patriot air defense system ammunition.

Hungary may need to shut down its nuclear power station this weekend amid an energy crisis, according to the country's Prime Minister. The government will implement a tiered electricity rationing approach, with household power restrictions as a last resort. Industrial consumers will face priority cuts if power conservation measures prove necessary. Rail freight services will be suspended during peak hours starting Monday.

According to Guo Securities analyst Jeff Pu, Apple's iPhone 18 Pro series could see a price increase of $250 to $300 compared to the previous generation, significantly higher than earlier market expectations. Under this forecast, the iPhone 18 Pro base model could start at $1,399, while the iPhone 18 Pro Max could begin at $1,499. The potential price increase is primarily driven by rising component costs. The iPhone 18 Pro series is expected to adopt TSMC's 2-nanometer process for the A20 chip,

According to Kuwait's military, Iran launched attacks on multiple facilities across the country on August 1, striking a government institution located in the northern region.

According to Korea Securities Depository, South Korean retail investors purchased approximately 1.5 trillion won of U.S. semiconductor 3x leveraged ETFs during July 23-30. The purchases occurred as semiconductor stocks declined sharply, with investors making aggressive purchases at lower prices.

According to Farside Investors, Bitcoin ETFs recorded net inflows of $172.8 million in July as of August 1. Major inflows came from IBIT (+$227.6 million) and Grayscale BTC (+$294.6 million), while Grayscale GBTC (-$360.4 million) and Fidelity FBTC (-$209.5 million) experienced significant outflows. Bitcoin ETFs saw net outflows of $61.5 million in the past week.

Kuwait's military has detected and destroyed enemy drones over Kuwaiti airspace since Saturday dawn, according to the military.

According to the United Nations, Secretary-General António Guterres held a press briefing at UN headquarters in New York on August 1, calling on all parties to take action to address extreme temperatures triggered by the El Niño phenomenon. The statement was issued following the World Meteorological Organization's release of its monthly global seasonal climate update on July 31.

According to Samsung Securities analyst Kim Kyung-bin, on July 30, Apple released quarterly results showing iPhone sales up 22% and MacBook sales up 29% year-over-year, with revenue and profit beating or meeting market expectations. However, after-hours stock fell 6.3%, as investors reacted to disappointing gross margin guidance for the September quarter, pressured by rising memory chip costs. Apple uses Google's Gemini AI engine for its new Siri AI beta, though analysts note the company has a t

DeFi Kingdoms announced that DFK Chain, based on Avalanche L1, will shut down on August 28. The team will prioritize migrating user assets to Avalanche C-Chain and plans to open the SDK for third-party developers.

According to Iran's IRNA, Iran's Supreme National Security Council Secretary Mohammad Bagher Zolghadr warned Saturday that continued U.S. naval blockade and escalation could further restrict transit through the Strait of Hormuz and lead to closure of other strategic waterways and chokepoints.