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.
Today
08:25

VIG Partners Selects KB Kookmin Bank to Arrange 1.5 Trillion Won Yurok Acquisition Financing

According to Chosun Biz, VIG Partners, the private equity firm that won the bidding for aircraft parts manufacturer Yurok, selected KB Kookmin Bank as the lead arranger for acquisition financing on July 31. KB Kookmin Bank will finance approximately 1.5 trillion won, covering roughly half of Yurok's estimated 3 trillion won acquisition price. VIG Partners is expected to acquire around 70% stake in the company.
08:22

Crypto Clarity Act Faces Senate Delays Over Government Ethics, Enforcement Provisions

According to legislative reports, the Crypto Clarity Act, which passed the House in July 2025, remains stalled in Senate deliberation over unresolved provisions on government ethics and enforcement authority. Senate negotiators have yet to finalize language on how regulatory powers will be allocated between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The bill proposes splitting digital asset oversight between the two agencies, but differences
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08:22

FCA Censures Equity For Growth for Failing to Disclose Minibond Commissions to Investors

According to the UK's Financial Conduct Authority, on Thursday the regulator publicly censured Equity For Growth (Securities) Limited for approving financial promotions for minibonds that failed to disclose substantial commissions paid to appointed representatives and introducers. The FCA concluded that investors lacked key information needed to understand how much capital would actually be invested and how commission deductions affected investment prospects. Although the regulator determined a
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08:21

SEC Approves NYSE Arca Commodity Trust Framework, Allows 15% Buffer and Active Management

According to Foresight News citing the Federal Register, the SEC has accelerated approval of NYSE Arca's amended Commodity-Based Trust Shares rules (SR-NYSEArca-2026-42), allowing up to 15% of net assets to comprise non-compliant digital or traditional commodities. The amendment also removes the passive management requirement, enabling active management strategies for products holding Bitcoin, Ethereum, Solana, XRP, gold, and other commodities. Under the revised framework, at least 85% of net as
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BTC-0.10%
ETH-0.68%
SOL0.34%
XRP0.20%
08:19

EcoproHN Pursues 200-250 Billion Won RCS Supply to Micron's Idaho Fab Project

According to Herald Economy on July 31, EcoproHN is pursuing the supply of regenerative catalytic systems (RCS) and chemical filters to Micron's new fabrication plants in Idaho (ID1 and ID2), with contract values exceeding 100 billion won per facility for a total of 200-250 billion won. The contract, expected to finalize soon, would surpass the company's previous fiscal year consolidated revenue of 141.1 billion won, making it the largest single order to date. The supply expands EcoproHN's produ
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08:18

ECB Data: June Corporate Lending Costs Rise 15 Basis Points to 3.79%

According to the European Central Bank, corporate new loan borrowing costs rose 15 basis points to 3.79% in June, while household mortgage rates held steady at 3.51%. Corporate new term deposits increased 17 basis points to 2.21%, and overnight deposits rose 6 basis points to 0.59%. Household term deposit rates climbed 13 basis points to 2.09%, while overnight deposits remained unchanged at 0.28%.
08:17

Japan's Kumamoto Hit by 6.8 Magnitude Earthquake; 79,000 Households Without Water as of July 31

According to Kumamoto Prefecture, a 6.8 magnitude earthquake struck the region on July 28, killing 35 people. As of 7 a.m. local time on July 31 (6 a.m. Beijing time), approximately 79,000 households in Kumamoto Prefecture remain without water. A medical center in Yatsushiro City has been without water since July 29 morning and currently houses 89 hospitalized patients. Local officials stated that if the water outage continues, patient transfers may be necessary. Additionally, automotive factori
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08:16

Hong Kong Stocks Close with Leveraged Gains; Hang Seng Semiconductor Up 67.5%

According to Bitget market data, Hong Kong stocks closed on July 31 with mixed performance. The Hang Seng Index rose 0.1% while the Tech Index gained 0.53%. Among individual securities, Southern Volatility 2X Long Hynix (07709.HK) surged 67.5%, Southern Volatility 2X Long Samsung Electronics (07747.HK) climbed 48%, Zhipu (02513.HK) gained 14.5%, and MiniMax (00100.HK) rose 13%.
08:15

China and Mongolia Hold 24th Round of Consular Talks in Ulaanbaatar on July 30

China and Mongolia held their 24th round of consular talks in Ulaanbaatar on July 30, according to China's Ministry of Foreign Affairs. Vice Director of the Consular Affairs Department Long Zhou and Mongolia's Deputy Director of the Consular Bureau Bindeljya jointly presided over the discussions. Both sides exchanged views on bilateral consular relations, facilitating people-to-people exchanges, and protecting the safety and legitimate rights of overseas citizens.
08:13

Citational Awareness Liquidated to Citadel After Losing 67% in July on Tech Stock Collapse

According to Financial Times and Wall Street Journal, Leopold Aschenbrenner's AI-focused hedge fund Citational Awareness liquidated its portfolio to Citadel overnight on July 29-30 after facing margin calls triggered by a sharp decline in technology stocks. The fund, which managed roughly $240 billion in assets at its peak, suffered approximately 67% losses in July alone following heavy declines in stocks including Bloom Energy and SanDisk, which each fell around 40% from late June through early
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08:12

Russia Strikes U.S. Drone Maker Terminal Autonomy's Kyiv Facility With Ballistic Missiles on July 24

According to The Guardian, Russia attacked a drone manufacturing facility owned by U.S. defense company Terminal Autonomy in Kyiv with ballistic missiles on July 24, the outlet reported on July 30. Terminal Autonomy produces AI-guided long-range loitering munitions capable of striking targets despite Russian jamming. The company confirmed the factory was destroyed but no personnel were killed. This marks the first known Russian strike directly targeting a U.S. company-owned production facility s
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08:12

Apple Reports $109.42B Revenue, Up 16%, but Stock Falls 6% on Supply Constraint Warning

For the fiscal third quarter ended June 27, Apple reported revenue of $109.42 billion, up 16.4% year-over-year, with diluted earnings per share reaching $2.02, a 29% increase. iPhone revenue climbed nearly 22% to approximately $54.25 billion, while Services reached a record $30.74 billion. Despite the strong results, Apple shares fell more than 6% in after-hours trading after management warned that supply constraints would limit September quarter growth to approximately 9% to 11%, below Wall Str
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08:11

Hong Kong Stocks Close Higher Today: Hang Seng Up 0.1%, Tech Index Rises 0.53%

According to Gate's market data, Hong Kong stocks closed higher today, with the Hang Seng Index rising 0.1% and the Tech Index gaining 0.53%. Among individual stocks, SK Hynix 2x Long (07709.HK) surged 67.5%, Samsung Electronics 2x Long (07747.HK) jumped 48%, Zhipu AI (02513.HK) gained 14.5%, and Minimax (00100.HK) advanced 13%.
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08:09

South Korea Penalizes Lotte Card With 1.5-Month Business Suspension, 5 Billion Won Fine Over 2.97M User Data Breach

According to South Korea's Financial Services Commission (FSC), Lotte Card faced sanctions on July 31 following a cyber attack that exposed customer data for 2.97 million users. The company received a 1.5-month business suspension effective August 1 through September 15 and a 5 billion won fine. The suspension prohibits new credit, debit, and prepaid card issuance but allows renewals and other services for existing customers. The FSC found Lotte Card failed to apply security patches, encrypt per
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08:09

Bank Credit to Emerging Markets Increases $148 Billion in Q1 2026

According to the Bank for International Settlements (BIS), bank credit to emerging markets and developing economies increased by $148 billion in Q1 2026, with the growth concentrated in Africa, the Middle East, and emerging Europe. BIS global liquidity indicators showed that both U.S. dollar and euro-denominated foreign currency credit expanded robustly, with euro-denominated credit growing at a faster pace.