Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-07-04
16:50

Aave's Monad Market Tops $100M in Deposits Two Days After Launch

According to TokenLogic, Aave's newly launched Monad market surpassed $100 million in deposits on Saturday morning (July 2), roughly two days after the lending protocol went live on Thursday. Deposits hit $75 million within the first 24 hours. The V3.7 deployment supports 12 assets including USDT, USDC, GHO, WETH, and cbBTC. The Monad Foundation committed $15 million in incentives over 12 months and agreed to hold 10 million GHO, while the Aave DAO pledged 500,000 GHO to support stablecoin adopt
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16:42

Bitcoin Lawsuit Faces Major Test as First Wallet Holder Files Motion to Dismiss

According to Bitcoin.com News, on June 30, John Doe 33, identifying himself as the holder of a wallet named in the $293 billion Noah Doe bitcoin lawsuit, filed a motion to dismiss the case in New York Supreme Court. His appearance marks the first time an actual wallet owner has directly contested the litigation, which claims ownership of approximately 3.8 million BTC across 39,069 dormant addresses. On July 2, 500 BTC moved from wallet No. 881 named in the complaint, the latest in a series of tr
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16:17

Russian Forces Claim Control of 4 More Settlements in Kharkiv as Ukraine Exchanges Large-Scale Strikes Overnight

According to a Russian Defense Ministry statement issued July 4, Russian forces claimed control of four additional residential areas in Kharkiv region overnight through July 4. The ministry said Russian military struck Ukrainian facilities across 142 regions over the previous 24 hours, targeting fuel, energy, transport infrastructure, and long-range drone production sites. Russian air defenses also reported destroying 10 Flamingo cruise missiles, 9 HIMARS rockets, 16 guided aerial bombs, and 893
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16:08

Turkey, Pakistan Hold Talks on Multi-Sector Cooperation on July 4

According to Jin10, on July 4, Turkish President Recep Tayyip Erdogan and Pakistani Prime Minister Muhammad Shehbaz held talks at the Presidential Palace. The two discussed further developing bilateral trade and investment relationships, with Turkey seeking to deepen cooperation in energy, transportation, critical minerals, and information technology sectors.
16:07

Millions of Iranians Pay Tribute to Late Supreme Leader Khamenei on July 4

According to Jin10 Data and Xinhua, millions of Iranians gathered in Tehran on July 4 for a public funeral ceremony of the late Supreme Leader Ali Khamenei at Imam Khomeini Mosque. The bodies of Khamenei and deceased family members were displayed in the mosque's outdoor plaza. Attendees from all social segments wept during the tribute, waving Iranian flags and holding photos of Khamenei and current Supreme Leader Mujtaba Khamenei while chanting slogans against the United States and Israel.
15:39

Ethereum On-Chain Yield Falls to 2.68% in Q2 2026, Down 61% Year-over-Year

According to The DeFi Report, Ethereum's on-chain yield dropped to 2.68% in Q2 2026, down 61% year-over-year, with staking rewards accounting for 94% of total yield. The network's real economic value (REV) reached $88.4 million in the quarter, up 7% quarter-over-quarter but down 68% year-over-year. Priority fees and MEV contributed only 0.17% to total yield, signaling continued weakness in L1 fee capture.
15:37

CPP Investments Commits $1.75B to Support EQT's AI Infrastructure Expansion on July 4

According to Bloomberg, Canadian Pension Plan Investments (CPP Investments) announced on July 4 that it will invest $1.75 billion to support EQT AB's artificial intelligence infrastructure development. The expansion project will be led by EdgeConneX, a subsidiary of EQT, which plans to add over 10 gigawatts (GW) of data center capacity in coming years to meet growing demand for AI computing infrastructure.
15:33

Mining Express-Linked Wallet Transfers 5,004 ETH for 8.8M DAI Approximately 16 Hours Ago

According to on-chain analyst Specter, approximately 16 hours ago, a wallet apparently linked to Mining Express moved 5,004 ETH for approximately 8.8 million DAI. Specter first flagged the address on June 15 and recently completed further tracking analysis. Historical on-chain records show the wallet received 4,512 ETH from related addresses on March 19, 2024, subsequently staking through Lido and Ether.fi. By May 4, 2026, all ETH had been unstaked.
15:26

Crusoe Raises $3B Funding Round, Targeting $30B Valuation to Power Meta AI

According to Bloomberg, Crusoe, a data center operator supplying AI computing power to Meta, Microsoft, and Google, is in talks to raise $3 billion, aiming for a $30 billion valuation—three times its $10 billion valuation from October 2025. The company currently holds nearly 5 gigawatts of computing power under contract with 40 gigawatts in its project pipeline. Meta recently signed deals for Crusoe capacity at data centers in Texas and Missouri.
15:25

Samsung, Dunamu Clarify They Were Added to OUSD Alliance Without Agreement This Week

According to The Block, Samsung Electronics, Dunamu (Upbit's parent company), Shinhan Financial Group, and Kbank were listed as members of the OUSD stablecoin alliance this week without formal consent. The companies stated they had only provided preliminary responses such as "we will consider it" or "we will study this matter," but found their names already added to the member list. Open Standard announced the alliance on the same week, which includes over 140 institutions including Visa, Master
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15:22

Silicon Data's AI Token Index Declines ~20% From May High Despite Earlier Doubling

According to Guru Club (格隆汇), the Silicon Data LLM Token Expenditure Index, which tracks the price users pay for artificial intelligence tokens, declined approximately 20% from its May peak as of July 4. The index nearly doubled since its December launch, but the recent decline signals potential pressure on AI companies' pricing power. Silicon Data noted the index reflects marginal willingness to pay, combining price and usage data; the drop could indicate either falling token prices or user mig
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