Gate Crypto Flash News and Market Updates

According to South China Morning Post, Chinese police officials published a technical paper on June 4 detailing methods to track and seize cryptocurrency used in crimes. The paper, authored by officers from Wenzhou Public Security Bureau and Zhejiang Provincial Police, appeared in the academic journal Criminal Technique. The report outlines a three-stage process: locating private keys and mnemonic phrases stored on suspects' devices using forensic software; tracing fund flows across blockchains

ZachXBT corrected Ethereum's official X account today (July 4), stating that Proton accepts only Bitcoin for subscriptions and not Ethereum. According to Proton's support documentation, users can pay for subscriptions using BTC by selecting the option at checkout, scanning a QR code, or copying a Bitcoin address, with confirmations taking up to 24 hours. The company advises sending payment at least 24 hours before a bill is due, as automatic renewal is unavailable for Bitcoin payers.

According to Yonhapinfomax, on July 2, Naver unveiled a new AI model for its AI Tab search service, incorporating a specialized small language model (SLM) architecture. The model replaces the single large language model approach with role-specific SLM combinations, reducing infrastructure operating costs by up to 3x while improving response speed over 2x. The model also integrates user-generated content from Naver's ecosystem, such as mom community forums and restaurant reviews, to enhance answe

According to BizWatch, Lemon Healthcare will be listed on South Korea's Kosdaq market on July 6. The digital healthcare company, which operates a medical data intermediation platform connecting hospitals and patients, set its offering price at 10,000 Korean won following institutional demand forecasting with a 1238x competition ratio. General subscription demand surged significantly, recording a 1510.57x competition ratio with 755.28 million shares requested for 500,000 shares allocated. Subscri

According to E Daily, two South Korean companies announced corporate bond offerings this week (July 6-10). Shinhan Investment Corp plans to conduct a demand forecast on July 7 for a 250 billion won bond issuance, with potential expansion to 500 billion won. GS Entech will hold its demand forecast on July 8 for a 35 billion won offering backed by GS Global guarantees. Both companies will issue two-year and three-year tranches, with offerings scheduled for July 15 and 16, respectively.

According to CCTV, Israel's military struck Hezbollah infrastructure and other targets in southern Lebanon on July 3, conducting operations over the past two days. Lebanon reported that an Israeli unmanned aerial vehicle attack on the same day resulted in two people wounded.

According to UBS research, the bank raised its memory chip price expectations for the second half of 2026. DRAM contract prices are now forecast to rise 32% quarter-over-quarter in Q3 (previously 17%) and 18% in Q4 (previously 12%). NAND pricing is projected to climb 30% in Q3 and 12% in Q4, with the strong cycle expected to extend into 2027.

On July 4, the U.S. Treasury Department launched a stock donation mechanism for Trump Accounts, with more than 6 million families enrolling ahead of the formal launch, according to U.S. officials. Treasury Secretary Scott Bessent announced that philanthropists can now transfer publicly traded shares directly to the accounts, creating a pathway for large-scale private giving to support children's long-term financial security. Approximately 1.4 million enrolled children born between 2025 and 2028

According to a 927-page annual financial disclosure filed this week with the Office of Government Ethics and first reported by NBC News, President Trump's accounts purchased 327 stocks on April 8, 2025, including shares of Apple, Nvidia, Microsoft, Amazon, and Alphabet, valued at up to $12.8 million. The following day, April 9, 2025, Trump announced a pause on tariffs, and the S&P 500 closed 9.5% higher—its eighth-best day in history—with technology stocks leading the rebound. The purchases were

According to New Jersey Health Department Commissioner Leonard Washington, the state has reported at least 19 suspected heat-related deaths since July 2 as of July 4. Victims of varying ages were found in different environments, with many discovered in air-conditioned homes and some in outdoor locations, streets, or parked vehicles. Washington emphasized that the deceased include not only elderly individuals but also younger adults. The state has also seen an increase in emergency department vis

According to the Palestinian News Agency, two Palestinians were killed in Israeli drone strikes on Gaza City and Jabalia refugee camp on July 4. Multiple strikes across northern and central Gaza also wounded several people, with some suffering severe injuries.

According to Guru Club on July 4, following the U.S.-Iran peace agreement, over 60 million barrels of oil trapped by conflict flooded the market, causing crude prices to decline globally. Demand has been unable to absorb the supply increase, reigniting concerns over a potential crude surplus. Analysts from Morgan Stanley and Goldman Sachs warned this week of the risk of oversupply next year.

According to Guru Club, on July 4, Helix, backed by KKR investment, is seeking to acquire U.S. data center assets to accelerate its artificial intelligence infrastructure business expansion. The company holds over $100 billion in capital and aims to secure computing capacity before demand from major tech cloud providers declines.

According to Guru Club, Citigroup cut its price target for Strategy to $136 on July 3, down from $260, while maintaining a "buy" rating on the stock.

According to Nikkei, Minebea Mitsumi will invest 58 billion yen (approximately $360 million) on July 5 to expand precision bearing capacity for artificial intelligence data center cooling systems and storage equipment. The Japanese manufacturer plans to increase total bearing production capacity by approximately 30% to over 500 million units per month through investments at its Southeast Asian production facilities. The company will introduce advanced equipment capable of improving production ef

According to Guru Club, Russian President Vladimir Putin signed legislation on July 4 to address domestic fuel shortages. The Tax Code amendment allows companies to blend straight-run gasoline with other components to produce higher-octane vehicle fuel. The measure also includes subsidies for fuel importers to encourage gasoline imports into Russia. The Kremlin stated on June 30 that Russia is negotiating fuel imports at reasonable prices. Russia has banned gasoline and aviation fuel exports and

According to the Korea Exchange, two passive ETFs will launch on the Korea Exchange on July 7. ACE K Defense TOP5+, managed by Korea Investment Trust Management, invests in 10 defense-related stocks listed on KOSPI and KOSDAQ, with the top 5 by keyword score fixed at 80% weighting. KIWOOM U.S. Space Tech Top 2 Bond Mix 50, managed by Kiwoom Asset Management, allocates 25% each to two U.S.-listed space industry companies and the remaining 50% to 10 government and central bank bonds.

According to Yonhap News, LX International on July 5 released climate scenario analysis in its sustainability report, projecting carbon costs under three emissions reduction pathways. Under the APS (Announced Pledges Scenario) scenario, long-term carbon costs could reach an average of 539 billion won annually from 2032-2050, compared to 306 billion won under current policies (STEPS). The company signaled a strategic shift toward investing in new businesses and equipment conversion rather than pu

According to its sustainability report released July 5, LX International forecasted long-term annual carbon costs could reach up to 53.9 billion Korean won by 2032–2050 under the Announced Pledges Scenario (APS), where governments meet their emission reduction commitments. The company projected short-term costs of 5.1 billion won in 2026 and mid-term average costs of 18.6 billion won annually from 2027–2031. Under the Net Zero Emissions (NZE) scenario, long-term costs are estimated at 49.4 billi

According to NEWSIS, South Korea's financial regulator confirmed on July 2 that MBK Partners, the country's largest private equity fund manager, will face job suspension—the first such punishment for a PEF operator. The decision follows the completion of disciplinary hearings over MBK's handling of the Home Plus acquisition, specifically regarding changes to preferred stock terms that favored Home Plus while reducing investor recovery prospects. The penalty will significantly constrain MBK's inv