Gate Crypto Flash News and Market Updates

According to PANews, privacy computing project Sunscreen announced it has been acquired by Fhenix on July 3. Sunscreen's team will join Fhenix to advance production-grade fully homomorphic encryption (FHE) infrastructure. The project's codebase will continue to be maintained and provided under the AGPL open-source license.

Lawyers and industry executives expect EU regulators to enforce MiCA differently as the cryptocurrency rulebook's transition period ends on July 3, 2026. Unauthorized crypto companies are required to wind down operations under the new enforcement approach, signaling a shift from the transition phase to full regulatory implementation.

According to Belgian authorities, a suspected European phishing gang leader was arrested on Jul 3 after allegedly stealing over $572,000 from victims. The gang laundered the proceeds through cryptocurrency before law enforcement intervened.

According to BlockBeats, on July 3, semiconductor research firm SemiAnalysis reported that JEDEC announced the SPHBM4 standard (JESD330-4), which uses the same HBM4 DRAM stack but with different buffer chips. The standard aims to enable HBM assembly in standard packaging while reducing reliance on costly and supply-constrained advanced packaging. Unlike traditional HBM requiring proximity to GPUs, SPHBM4 uses high-speed serial channels, allowing memory placement up to 20 millimeters away. This e

According to Reuters, three Japanese companies are considering purchasing Iranian oil for the first time since 2019, with negotiations underway during a 60-day U.S. sanctions waiver period that began on June 22 and expires on August 21. The potential buyers are seeking Washington to extend the waiver and provide guarantees regarding vessel security.

According to Coinglass data, if ETH falls below 1,660 dollars, cumulative long liquidations on major CEX will reach 891 million dollars. Conversely, if ETH breaks above 1,821 dollars, cumulative short liquidations on major CEX will reach 389 million dollars.

According to Jin10, Venezuela's largest refinery, Amuay, resumed operations on Friday (July 3) following a power outage. The facility, which has a daily processing capacity of 645,000 barrels, is currently processing approximately 140,000 barrels per day of crude oil. Its fluid catalytic cracking (FCC) unit has also resumed operations. The outages followed two earthquakes last week that caused severe casualties across Venezuela's refinery sector. A separate source also reported that the El Palit

According to Lookonchain, the U.S. Bitcoin ETF saw net outflows of 588 BTC today (July 3), while outflows reached 22,189 BTC over the past seven days. Meanwhile, the Ethereum ETF recorded net inflows of 6,105 ETH today, though it posted net outflows of 1,915 ETH over the same seven-day period.

According to Bank of America analysts, despite European economic recovery, growth acceleration is unlikely to significantly boost regional stocks, according to a report released Friday. While German fiscal stimulus is taking effect and the eurozone is expected to see a rebound in domestic demand by year-end, with inflation easing and the European Central Bank adopting a less hawkish stance, analysts maintained their cautious outlook on equity valuations.

According to ChainCatcher, KR1, a London-listed digital asset technology company and backer of Lido, transferred 3.7 million LDO to cryptocurrency exchange Kraken an hour ago, valued at approximately $990,000 at current prices, as monitored by blockchain analyst Yan Jing.

According to Gnosis, the Gnosis Pay service suffered a security vulnerability on June 1 that allowed attackers to exploit signature verification flaws in Zodiac's Delay Module and Roles Module. Hackers used the defect in ERC-1271 signature validation logic to forge withdrawal authorizations and drain approximately 1.5 million USD from user wallets. Gnosis has covered all losses and completed user refunds. The company has restored over 99% of services and expanded security audits and dependency m

According to BlockBeats, citing HyperInsight monitoring on July 3, trader Huang Licheng's address continued building a long position in Ethereum, currently holding 5,325 ETH with 25x leverage. The entry price averaged $1,655.27, and the position shows an unrealized profit of $500,000.

Gate News message, BlackRock has experienced 10 consecutive trading days of net BTC outflows, with a total of 35,980 BTC ($2.24 billion) withdrawn during this period.

According to a recent post on X, Michael Saylor claimed that MicroStrategy (MSTR) ranks higher than Apple and Nvidia in market interest and engagement metrics. The chart Saylor attached measured financial platform engagement and buzz rather than traditional fundamentals like revenue or earnings, positioning MSTR ahead of two of the world's most widely followed stocks.

According to DesRosiers, Canada's motor vehicle sales increased 1.9% year-over-year in June.

According to sources, Venezuela's Amuay refinery resumed operations after a power outage with daily capacity of 645,000 barrels.

According to Iranian media, Saudi Vice Foreign Minister Waleed Al-Khureiji and his delegation paid respects to Iran's deceased Supreme Leader Ayatollah Ali Khamenei on July 3. Khamenei died on February 28 during military conflict between Iran and forces from Israel and the United States.

According to China Maritime Administration, the Huangshi Maritime Bureau issued a navigation warning on July 3, stating that military exercises will be conducted by the People's Liberation Army near Huanggang Railway Bridge on the lower Yangtze River on July 8 from 10:00 to 14:00. Temporary traffic control will be implemented in the affected waters during the military activities.

According to HTX trading data, Bitcoin broke through $62,024.09 on July 3, up 0.3% in the past 24 hours.

According to BlockBeats, on July 3, a newly created address (0x0ad9) opened a long position in 8,205.3 shares of Micron Technology (MU) using 4x leverage, establishing a $8.4 million position at an average entry price of $1,036.8 per share, per Hyperinsight monitoring. The address also simultaneously opened a $2 million long position in SKHX at $1,597 per share.