Gate Crypto Flash News and Market Updates

According to China's Foreign Ministry spokesperson Lin Jian on July 23, Foreign Minister Wang Yi is en route to Kyrgyzstan to attend the Shanghai Cooperation Organization foreign ministers meeting in Bishkek. When asked by Reuters whether Wang Yi plans a bilateral meeting with Russian Foreign Minister Sergey Lavrov, Lin Jian stated that details regarding Wang Yi's engagements at the conference would be released in due course.

According to Jack Dorsey and Block, the fintech firm launched Buzz, a free, open-source workspace collaboration tool combining chat, code, AI agents, and workflows, earlier this week on Tuesday. The platform is built on Nostr, a decentralized messaging protocol, and treats AI agents as full participants in conversations, distinguishing it from Slack and Microsoft Teams. Block shares have declined 3% this week but are up 19% year-to-date, outperforming Microsoft and Salesforce, whose stocks are d

According to EU Commission President Ursula von der Leyen, the European Union has sanctioned vessels assisting Russia's shadow fleet for the first time. The move marks an escalation in the bloc's efforts to counter circumvention of existing sanctions targeting Russian oil transport.

According to the Shanghai Gold Exchange, gold T+D futures closed down 0.2% at 895.5 yuan per gram on July 23, while silver T+D futures rose 0.03% to 14,499 yuan per kilogram on the same day.

According to Chinese Foreign Ministry spokesman Lin Jian, on July 23, Beijing expressed deep concern over the escalating situation in the Middle East and called on all parties involved to resume dialogue. Lin made the remarks during a regular press briefing in response to questions about the U.S. military buildup in the region and the potential for renewed conflict.

According to News1, the USD/KRW exchange rate fell 13.3 won to close at 1,466.8 on July 23, as Alphabet's better-than-expected Q2 results and South Korea's Q2 GDP growth of 0.6% (exceeding the 0.4% forecast) lifted risk appetite and bolstered the Korean won. Foreign investors net-bought 2.135 trillion won of KOSPI stocks, and export companies engaged in dollar selling, both adding downward pressure on the dollar. The announcement of SK Hynix's U.S. listing also supported the won by increasing do

According to Vice Minister Yan Dong at a press conference on July 23, China's Ministry of Commerce said it will strengthen the domestic circulation cycle and optimize dual domestic-international circulation development. The focus will remain on high-quality development while enhancing policy effectiveness to contribute to national economic growth.

According to Four.Meme, UUSD trading pairs will be fully enabled across three modes (normal mode, tax token mode, and Universal Subscription mode) today at 15:30 Beijing time. The normal and tax token modes have completed backend support with frontend access expected to open today, while Universal Subscription mode will receive simultaneous UUSD support across both backend and frontend.

According to Yonhap Infomax, South Korean chemical company KCC received 13.85 trillion won in demand for its 2 trillion won corporate bond offering on July 23, achieving a 6.8x oversubscription rate. The offering included 800 billion won of 2-year notes attracting 6.85 trillion won in orders and 1.2 trillion won of 3-year notes receiving 7 trillion won in demand. The 2-year tranche priced at a 5 basis point spread versus peer rates, while the 3-year tranche came in 4 basis points tighter. Procee

According to China's Foreign Ministry spokesperson Lin Jian, on July 22, Chinese Foreign Minister Wang Yi attended the China-ASEAN Foreign Ministers' Meeting in Manila. Wang Yi stated that South China Sea disputes should not become an obstacle to China-ASEAN relations, and that both sides have the wisdom and capability to continue managing the issue effectively. China has reached important consensus with eight ASEAN nations on building bilateral community of shared destiny. Wang Yi expressed tha

According to China's Foreign Ministry spokesperson Lin Jian on July 23, Wang Yi, China's Foreign Minister, has no planned meeting with his Japanese counterpart during his time in Manila. The statement was made during the ministry's regular press briefing when a Japanese media representative inquired about potential contact between the two countries' foreign ministers.

According to BlockBeats citing Hyperinsight monitoring, SpaceX rescheduled Starship Flight 13's launch to July 24, 6:45-8:15 AM Beijing time following an abort on July 17 when two engines failed to ignite. The abort triggered a 9.7% flash crash in SPCX to $119.4 on Hyperliquid. After engine replacement, the token recovered to $116.5 by press time. A trader at address 0xf64d made a single long position of 10,900 SPCX at an average price of $116.1 (totaling $1.272 million) ahead of the retry—the l

According to UniCredit CEO Orcel, the bank has not yet engaged with the German government but expressed confidence in reaching an agreement on Commerzbank with German authorities. UniCredit is willing to initiate talks with Commerzbank's work council to find a mutually acceptable solution.

According to The Korea Herald, Samsung Electro-Mechanics signed a 300 billion won ($204 million) contract on July 23 to supply multilayer ceramic capacitors (MLCCs) for AI servers throughout 2027. This marks the South Korean component maker's second major AI server MLCC order in less than a month, bringing its disclosed 2027 supply contracts to a combined 750 billion won ($510 million) following a 450 billion won deal announced on June 30.

According to Vice Minister of Commerce Yan Dong during a State Council press conference on July 23, China's Ministry of Commerce has released policy documents to foster new growth points in service consumption, including rail-tourism integration, high-quality home services development, and the post-automotive market sector. The ministry will accelerate implementation and further expand support measures across transportation, entertainment, and sports sectors to encourage local initiatives in cul

According to Bloomberg, LingChu AI is raising nearly $100 million at a $1.48 billion valuation today. Chery leads the financing round, with other investors including BlueShift Technology.

According to Guru Club, Crypto.com announced on July 21 that it received a $400 million strategic investment from Citadel Securities, valuing the cryptocurrency exchange at $20 billion. This marks the company's first institutional funding round in its ten-year history.

According to Guru Club, Thailand's Energy Regulatory Commission approved a reduction in ex-refinery prices for B0, B7, and B20 diesel of 2.40 Thai Baht per liter, effective from July 24 to August 15.

According to Guru Club, on July 23, Elon Musk said Grok 4.5, while not as advanced as Fable, is very fast, cost-effective, and capable of completing tasks.

According to media reports, HSBC Holdings has integrated seven functional departments between HSBC Hong Kong and Hang Seng Bank in early 2026, following Hang Seng's privatization completion at the start of the year. Under the new arrangement, six of the seven departments are led by Hang Seng executives, who now report directly to group leadership, while the corresponding HSBC department heads report to their Hang Seng counterparts. The only exception is the Chief Operating Officer role, which re