Gate Crypto Flash News and Market Updates

According to a filing by the Communications and Information Network Association of Japan issued on June 30, Rakuten Mobile was confirmed as the joint proposer for the Low Earth Orbit Satellite Infrastructure Development Project (J-LEO), with plans to form a satellite operations joint venture with AST SpaceMobile backed by approximately $926 million (150 billion yen) in Japanese government subsidies over three years. Shares of ASTS rose 2% on Tuesday to close at $88.86, with the stock on track fo

According to The Block, Christopher Alexander Delgado, 34, pleaded guilty to wire fraud, conspiracy, and money laundering on June 28, 2026. His company Goliath Ventures operated a Ponzi scheme under the guise of cryptocurrency liquidity pool investments, defrauding investors of at least $250 million out of $400 million raised. Delgado faces up to 20 years in prison on fraud charges and up to 10 years on money laundering charges. He has agreed to forfeit 8 properties, 11 vehicles, 30 watches, ove

According to Odaily, Samsung Electronics announced its next-generation 2nm process technology, DTCO (Design-Technology Co-Optimization), and advanced SRAM roadmap at SAFE Forum 2026 in Seoul. The company outlined its strategy to strengthen its platform role in South Korea's semiconductor ecosystem beyond foundry services. Korean AI fabless company Rebellions revealed it has developed the REBEL100 NPU based on Samsung's 4nm process and advanced packaging, with plans for continued collaboration in

According to Capital Economics, Japan's Bank of Japan Tankan survey released on July 1 strengthens the case for rapid rate hikes. The overall sentiment index for large manufacturers surged to +22, marking the highest level since the global financial crisis. Sentiment among large non-manufacturers climbed further to +37 from +36 in the previous quarter. Additionally, enterprises' inflation expectations for the next five years increased to 2.6% from 2.5%, supporting views within the Bank of Japan

According to Defillama data, DeFi's total value locked (TVL) fell below $70 billion to approximately $69.358 billion on July 1, marking the lowest level since February 2024.

According to SoSoValue, Bitwise Solana Staking ETF (BSOL) recorded net outflows of $2.4975 million on June 30. As of publication, the total SOL spot ETF assets under management stood at $848 million, with cumulative net inflows of $1.133 billion.

According to SoSoValue data, XRP spot ETFs saw combined net outflows of $2.83 million on June 30. Bitwise XRP ETF (XRP) led the decline with $5.82 million in net outflows, while Canary XRP ETF (XRPC) recorded $2.99 million in net inflows for the day.

According to ANZ on July 1, the Reserve Bank of New Zealand is likely to raise its official cash rate by 25 basis points at next week's policy meeting, with risk management considerations taking priority amid ongoing economic uncertainty. ANZ economist Sharon Zollner noted the official rate remains 75 basis points below the central bank's neutral rate estimate, supporting the case for tightening.

According to RatingDog, China's Manufacturing Purchasing Managers Index fell to 51.7 in June, missing the expected reading of 51.6 and declining from the previous month's 51.8.

According to Jin10, China's semiconductor storage chip sector surged in early trading on July 1, with Awei shares hitting the daily limit up and Duofluduo gaining three consecutive limit-up days. Jinhong Gas rose over 15%, while Lanxiao Technology, Jintaiyang, Fuman Micro, Spacetime Technology, and Shannon Chip also followed with gains.

According to CertiK Alert, lending market Edel Finance suffered an attack on July 1, with attackers stealing approximately $204,000. The attackers exploited a vulnerability in the wGOOGLx collateral pricing mechanism, which relied on the token's GOOOGLx balance. By manipulating this dependency, the attackers were able to borrow and drain funds from the protocol.

According to Evernorth's analysis published on June 30, the RLUSD/XRP trading pair processed approximately $900 million over the past six months, accounting for nearly 90% of all RLUSD trading on the XRP Ledger. RLUSD supply on the network has grown from about $20 million at the end of 2024 to approximately $800 million by late June 2026, with every RLUSD trade, swap, and transfer requiring XRP for settlement and fee payments. Monthly RLUSD-related transactions increased from roughly 54,000 in D

According to Taiwan Economic Daily, Yageo, the passive component leader, announced today (July 1) that it is raising prices across all capacitor product lines, including MLCC, aluminum electrolytic, tantalum, and polymer aluminum capacitors. The company cited rising global manufacturing costs driven by geopolitical factors, energy prices, raw materials, and international shipping rates. Yageo's stock surged to 1,140 Taiwan dollars yesterday. Separately, Taiwan's stock exchange reported a signifi

According to Coinglass, over the past 24 hours on July 1, global cryptocurrency liquidations reached $343 million, with long positions accounting for $275 million and short positions $67.9 million. A total of 94,453 traders were liquidated across all exchanges. The largest single liquidation occurred on Binance's ETH/USDT pair, valued at $11.38 million.

According to BlockBeats citing Beating monitoring, Anthropic's Claude AI assistant began displaying inferred login locations in security emails on July 1. The locations shown—such as country, region, or city—are derived from IP addresses and network information rather than GPS precision. This prompted renewed user discussion about how AI services identify access origins, particularly among Chinese users who frequently use cross-border access and VPN connections, where displayed locations may not

According to Onchain Lens, a newly created wallet deposited 4 million USDC to HyperLiquid on July 1 to purchase HYPE tokens. The wallet has already bought 38,337 HYPE worth $2.45 million and plans to place additional orders to increase its position.

According to Binance, the exchange will launch BTCU USDT perpetual futures at 5:00 PM Beijing time on July 1, followed by ETHU USDT perpetual futures at 6:00 PM. Both contracts will offer a maximum leverage of 100x.

According to Protos, Estonia-based crypto exchange Coinmetro announced it has filed for bankruptcy reorganization with local courts and suspended user registration, deposits, and withdrawals starting June 22. CEO Kevin Murcko attributed the move to a "special situation" triggered by a financial services provider's failure, with the underlying fund gap now creating a critical impact on the company's balance sheet. Murcko revealed that while the provider's failure occurred years ago, the gap becam

According to Australia's official data, private building permits (seasonally adjusted) rose 13.2% year-on-year in May, up from 7% in the previous period.

Australia's seasonally adjusted building permits declined to 5.3% year-on-year in May, down from 10.2% in the prior month.