Gate Crypto Flash News and Market Updates

According to Herald Economy, TIGER SK Hynix single-stock leverage ETF plunged nearly 80% over one month, with an additional 20%+ decline on July 29. The sharp selloff has wiped out most investors' principal capital in the product, per ETF Check data.

According to Dune platform data cited by ChainCatcher, Bitget's rToken trading volume reached approximately $30 million in the past 24 hours, surpassing Ondo's $25 million in combined trading volume across all centralized and decentralized exchanges. Ondo, an early pioneer in RWA-based stock tokens, has experienced significant trading volume decline recently as major exchanges including Binance Wallet, Bitget, and Gate have launched their own stock token offerings.

According to Yonhapinfomax, the Korean won fell to 1,446.70 against the U.S. dollar on July 29, down 15.80 won from the previous close, marking its lowest level since Feb. 27. The decline was driven by large-scale foreign currency conversion related to SK Hynix's American depositary receipts (ADRs) and month-end negotiation flows from exporters. Foreign investors also sold over 23,000 dollar futures contracts for a second consecutive day. Bank of Korea Governor Shin Hye-sung stated the central b

According to Standard Chartered's International Business President Hung Pei-cheng, the bank raised its income guidance and increased dividends, targeting 15-20% earnings per share growth over the next three years. The group will progressively shift its capital distribution mix from share buybacks toward higher dividend payouts; in H1 2026, buybacks accounted for 66% of returned capital versus 34% for dividends, compared to over 70% buybacks historically. Over the coming years, this ratio will gr

According to market data, Meta Platforms' stock fell for nine consecutive sessions through Wednesday, marking its worst losing streak in its history, ahead of the company's Q2 earnings report due after market hours. Analysts expect the report to show Q2 revenue rising 27% to $60.29 billion, but investors are closely watching the company's capital expenditure outlook following Alphabet's CapEx guidance increase last week. Meta has guided 2026 CapEx between $125 billion and $145 billion, revised u

According to Reuters, on July 29, Iran rejected Oman's proposal for joint management of shipping through the Hormuz Strait and demanded that vessels transiting the waterway must pass through Iranian territorial waters. A senior Iranian official stated that one inbound shipping lane must completely traverse Iranian waters, while the outbound lane must partially pass through Iran's waters. Iran insists it must control the full inbound transit route and part of the outbound route, with Oman's autho

According to Coinfomania, spot Bitcoin ETFs recorded $49.75 million in net outflows on July 28, 2026, marking the fourth consecutive day of selling. On the same day, Morgan Stanley launched the Ethereum Trust (MSSE) and Solana Trust (MSOL) on NYSE Arca, each charging a 0.14% expense ratio — described by CoinDesk as the market's lowest — and both structured to pass staking rewards directly to investors. Morgan Stanley's Bitcoin Trust (MSBT), which debuted earlier in 2026, had accumulated over $38

According to sanctions imposed by the U.S., U.K., and E.U., the A7A5 stablecoin, linked to a sanctioned Russian state bank, has collapsed to $0 and now records zero trading volume, losing 96% of its value. The stablecoin previously processed over $100 billion in transactions in its first year of operation. The A7 network, on which A7A5 operates, was specifically built for Russian sanctions evasion and has processed nearly $120 billion to date, according to Chainalysis. While A7A5's smart contrac

Anthropic released MCP 2026-07-28, the largest update to its Model Context Protocol, on July 28. The protocol's monthly SDK downloads have surpassed 400 million, marking a fourfold increase this year. The update fundamentally rearchitects MCP around a stateless core, replacing the previous bidirectional, session-dependent model with a lightweight request-response framework. This eliminates the requirement for servers to maintain persistent session state, enabling deployment on serverless and edg

According to Herald Economics, SK Hynix posted record Q2 operating profit exceeding 60 trillion won in 2026, but the stock tumbled as investor sentiment weakened. Market expectations were slightly missed despite the earnings beat, with ongoing U.S. AI chip stock correction and Chinese competitor CXMT's IPO weighing on investor confidence.

According to ChainCatcher, AEON, an AI Agent economic settlement protocol, has expanded to Bangladesh and integrated with two major mobile payment wallets, bKash and Nagad. Local consumers can now use mainstream cryptocurrencies and Web3 wallets for offline retail and online purchases, with AEON's network automatically converting and settling payments in local currency to merchants. AEON currently covers over 50 million merchants globally.

According to the Financial Times, the Bank of England is recently assessing the risk exposure of investment banks operating in London to Asian equities, aiming to reduce concentration risk related to a limited number of artificial intelligence-linked companies. Regulators are evaluating how banks finance Asian investments for hedge funds and institutional clients through their UK operations. The assessment follows a surge in capital flows to select Asian firms, including SK Hynix and Taiwan Semi

According to Peter Kinsella at UBS, Japanese yen will likely continue weakening on July 29, as the Bank of Japan is unlikely to signal accelerated policy tightening this week. Kinsella noted that Japan's real interest rates (adjusted for inflation) remain in negative territory. Without a strong commitment to substantial rate hikes, the yen is unlikely to appreciate despite authorities' stated intentions to support the currency, he said. The analyst expects Japanese authorities to issue more thre

According to AXIOS, Ukrainian President Volodymyr Zelensky requested 300 Patriot interceptors from Trump ahead of winter. Zelensky also indicated that a U.S. envoy could visit Kyiv within the next two weeks.

According to Midea Group on July 29, the company received 200,000 new air conditioner orders from Europe in one month, driven by an extreme heat wave. The orders were split between Midea's manufacturing bases in Wuhu and Guangzhou. PortaSplit mobile split-type air conditioners saw over 160,000 new orders since June. In July, 20,000 of 30,000 emergency mobile air conditioner orders from France had been shipped.

According to two sources, Russia is preparing to extend its diesel export ban through August, though the ban could be lifted earlier if domestic supply conditions improve.

According to Maeil Business Newspaper, Korea's exchange-traded fund assets exceeded 500 trillion won as of late June. Bae Jae-gyou, CEO of Korea Investment Management, credited with pioneering the country's ETF market two decades ago, emphasized that artificial intelligence will reshape the capital market over the next decade. In a recent interview, Bae stressed that unlike Warren Buffett's manufacturing-focused strategy, today's investors must adapt to an AI-driven era where technology determin

According to BNK Investment & Securities, on July 29, the firm lowered its target price for SK Hynix to 1.48 million won. The analyst noted that while the stock's recent sharp decline reflects short-term oversold conditions, the upside recovery is likely to remain limited amid persistent weakness in semiconductor demand.

According to Russia's Federal Security Service (FSB), Pavel Durov has been charged with aiding terrorist activity under Article 205.1 of the Russian criminal code on July 29 and placed on an international wanted list. The FSB alleged that Telegram fails to remove channels, chats and bots used by Ukrainian special services and extremist organizations to coordinate sabotage and attacks inside Russia. Durov, who has been based in Dubai since 2014, has not directly addressed the charge.

According to BlockBeats, on July 29, HashKey Holdings Limited (stock code: 3887) announced that its wholly-owned subsidiary HKDAG (Singapore) Pte. Ltd. has signed a non-binding framework agreement with Asia Pacific Exchange Pte. Ltd. (APEX) and its major shareholders to acquire full equity stake in APEX. APEX operates a comprehensive financial market infrastructure in Singapore as a licensed derivatives trading platform, holding the Monetary Authority of Singapore (MAS) Approved Exchange (AE) li