Gate Crypto Flash News and Market Updates

According to Financial News, U.S. space and aerospace ETFs surged last week (June 29-July 3), with SOL U.S. Aerospace TOP10 leading at 18.71% gains, followed by KODEX U.S. Aerospace at 17.62% and TIGER U.S. Space Tech at 15.96%. The surge was driven by SpaceX's announced expansion into mobile communications, with plans to launch Starlink Mobile based on a constellation of 40,000 satellites to provide low-cost global connectivity services. Meanwhile, AI semiconductor ETFs declined sharply over th

According to Financial News, Woori Asset Management's WON U.S. Aerospace & Defense ETF recorded a one-year return of 57.65% as of July 3, 2026. Monthly, three-month, and six-month returns stood at 5.32%, 14.75%, and 25.83%, respectively. The ETF, launched in August 2022, provides diversified exposure across 17 aerospace and defense subsectors, including launch vehicles, satellite services, advanced materials, nuclear propulsion, components, engines, maintenance and repair operations, avionics, a

According to Nomura Securities' latest report released July 5, the global storage industry faces severe supply shortages, with AI-driven structural demand growth remaining unsaturated. Nomura emphasized that market concerns about oversupply are exaggerated. South Korea's 4.8 trillion won investment plan requires at least 5 to 10 years to convert into actual production capacity, while high-margin HBM (high bandwidth memory) is squeezing general storage capacity and intensifying supply shortages.

According to Alternative.me, the Crypto Fear & Greed Index rose to 23 today (July 5), indicating the market remains in a state of extreme fear. The index increased from 22 the previous day, with readings below 25 classified as extreme fear.

According to Foresight News citing CoinDesk, security firm Hexens' white hat hackers discovered a critical vulnerability in Aptos' Move virtual machine that has been patched. Reported to Aptos developers in late February, the flaw was a "stale cache vulnerability" causing type confusion, potentially affecting up to $70 billion in digital assets including stablecoins and cross-chain bridges. Researchers achieved over 90% success rate simulating the attack with a $3,000 server setup mimicking one-

According to Coinspect Security, the blockchain security firm identified thousands of wallet seeds (mnemonics) generated using insecure code since 2018 that have been actively used. Last month alone, the firm discovered $3.14 million in suspected stolen funds within affected wallets. Coinspect Security noted patterns of concentrated fund transfers to single addresses and potential money laundering activity. The firm specifically warned Chinese community members that many users facing wallet risk

According to the Financial Investment Association, South Korea's margin financing balance on Korean stock exchanges reached a record 37.7 trillion won as of July 2, up 400 billion won in just two trading days. Meanwhile, major banks' overdraft loans surged 500 billion won, as depositors withdrew 18 trillion won from savings to fund stock purchases. The Bank of Korea noted that the combined ratio of margin financing and leveraged ETF balances to total stock market capitalization reached 0.8% as o

According to Guru Club on July 5, Microsoft, Google, and Amazon collectively plan to invest $1 trillion over the next two years in AI infrastructure. However, actual water consumption at data centers far exceeds figures publicly disclosed by these companies, driven largely by indirect water usage in power generation. The gap between reported and actual water use varies significantly by region depending on local electricity sources. As AI infrastructure investments accelerate, water demand from t

According to Yonhapnews, on July 5, LG Chem began mass supplying semiconductor strippers to Amkor, a global OSAT (outsourced semiconductor assembly and test) leader. The stripper is a critical process material used to remove photoresist and residue remaining on substrates after semiconductor circuit formation. LG Chem's customized product reduces removal processing time by 50% compared to conventional methods, enhancing process efficiency. The company has expanded its electronic materials portfo

According to multiple Wall Street analysts, Tesla delivered 480,126 vehicles globally in the second quarter of 2026, up 25% year-over-year and significantly surpassing market expectations of under 400,000 units, marking the company's strongest Q2 on record. However, the stock fell 7.49% on the earnings announcement, marking its largest single-day decline in nearly a year. Analysts noted that the market had already priced in the positive delivery data ahead of the announcement, with Tesla shares

According to Sky News, British fashion retailer Next is in early-stage talks to acquire luxury department store Harvey Nichols, currently owned by Hong Kong billionaire Poon Di-sang, as reported in late June. The retailer has not yet disclosed whether it plans to continue operating Harvey Nichols' stores globally or focus on brand and intellectual property assets. Founded in London in 1831, Harvey Nichols operates stores across the UK, Hong Kong, and Dubai with approximately 1,200 employees in B

According to industry insiders on Friday, July 3, artificial intelligence adoption is triggering a structural CPU shortage that mirrors earlier memory market dynamics. Companies purchasing high-end accelerators are now acquiring CPUs at a 4:1 ratio to GPUs, with Intel CEO Pat Gelsinger noting clients are deploying multiple CPUs per GPU for proxy workload optimization. Delivery delays reflect surging demand: Intel's backlog has extended lead times to six months, while AMD server CPU shipments hit

Russian naval task force arrived in Qingdao on July 5 for the joint China-Russia military exercise "Maritime Joint-2026," which will be conducted in the sea and airspace near Qingdao. Both nations' forces are now assembled and ready for the drill.

According to the Financial Supervisory Service (FSS) announced on July 5, the FSS is transferring simple complaint handling to insurance associations starting this month, with insurance complaints accounting for 49% of total financial complaints last year (62,937 of 128,419 cases). The FSS will focus on dispute-related complaints to improve efficiency. Insurance complaints have required an average of 56.2 days to process. The FSS stated it aims to enhance consumer protection and establish a cons

According to Yonhap Infomax, the Bank of Korea and World Bank released on July 5 an introductory guide supporting public asset-management institutions—including central banks, sovereign wealth funds, and public pension funds—in adopting and deploying artificial intelligence. The primer outlines global asset-management AI trends, implementation cases, and governance frameworks required for institutional adoption. It highlights key AI applications: data extraction automation, draft report generati

According to Kiwoom Securities, South Korea's exports reached $102.25 billion in June, surging 70.9% year-over-year and marking the highest monthly figure on record. The gains were driven by expanded AI investment and strong memory chip prices. However, the semiconductor sector's rapid expansion is masking underlying structural weakness. Semiconductors' share of total exports jumped from 29.9% at end-2025 to 43.8% in June, while traditional industries remain under pressure. Automobiles shifted t

According to the Korean Exchange, as of July 3, KOSPI recovered above 8,000 points at closing. However, the market's concentration in large semiconductor stocks has caused the number of listed companies with market capitalization exceeding 1 trillion won to shrink, indicating weakened breadth despite the index's upside movement.

According to Shenzhen Customs and reported by Caixin, Shenzhen robot exports reached 4.03 billion yuan in the first four months of 2026, accounting for 25.5% of China's national total. This means that at least one yuan out of every four yuan in China's robot export value originates from Shenzhen. The region's robotics products have been exported to over 100 countries and regions worldwide.

According to South Korea's Financial Supervisory Service (FSS) on July 5, government bonds and other low-risk bonds do not guarantee principal preservation. Investors may incur losses if they sell before maturity due to market interest rate fluctuations. Long-duration bonds carry higher price volatility—a 100 basis point rate increase on a 30-year bond with 3% coupon can result in approximately 17% mark-to-market losses. The FSS cautioned that benchmark rate cuts do not directly translate to bon

According to a latest report from SemiAnalysis, Google's next-generation tensor processing unit (TPU), codenamed "Humufish," will abandon TSMC's legacy CoWoS advanced packaging technology and adopt Intel's latest EMIB-T 2.5D packaging process. The move marks Intel's first success securing a hyperscale cloud customer for its advanced packaging solutions. Intel's EMIB-T employs silicon bridges between chips to replace costly large-area silicon interposers, offering lower costs and better scalabili