Gate Crypto Flash News and Market Updates

According to Reuters, Samsung and SK Hynix are set to announce a major artificial intelligence chip deal with a U.S. technology company. Specific details of the partnership, including the partner's identity and transaction size, have not been disclosed.

In June, SpaceX's Starship rocket successfully deployed 20 Starlink V3 satellites during its first test flight following the company's Nasdaq IPO. The upper stage of the vehicle achieved a controlled splashdown in the Indian Ocean as planned. The test marked Starship's 13th flight attempt. However, the first-stage booster experienced partial engine restart failures during the landing sequence.

According to Hong Kong Exchanges and Clearing (HKEX) disclosures on July 24, security services provider Arrano International Holdings Limited filed a listing application with the GEM market, with Cheung Sheng Finance as the sole sponsor. The company provides security guard services and electronic security solutions, including closed-circuit television, 4S, and security robots. As of the latest practicable date, Arrano holds 28 accumulated projects with expected future confirmed revenue of approx

According to Houthi spokesman Muhammad Abdulsalam, the organization's maritime blockade against Saudi Arabia is the first step of a broader action plan, according to reporting by Al Jazeera on July 25. Abdulsalam accused Saudi Arabia of turning to military and economic measures after failing in its eight-year war in Yemen. He warned that any attacks on Yemen would be met with retaliation and cautioned that Saudi Arabia's actions would have consequences for its own security and economy.

The UK Maritime Trade Organisation received a report on Friday of an incident in the Gulf of Oman involving a tanker and military forces, according to the organisation.

According to Agência Brasil, Brazil's São Paulo state prosecution filed a civil lawsuit on July 25 against World developer Tools for Humanity and Amazon AWS Serviços Brasil for illegally collecting iris data from over 400,000 people. The data collection targeted economically vulnerable populations in São Paulo with financial incentives ranging from 300 to 700 Brazilian reais. The prosecution is seeking the suspension of iris data collection in exchange for payment or benefits, permanent deletion

The Economist criticized South Korean individual investors on July 23 for using leveraged exchange-traded funds (ETFs) aggressively, likening the market behavior to casino gambling. The publication highlighted rapid gains and losses in South Korea's stock market in early 2025, describing retail investors as "impulsive gamblers" due to their concentrated positions in single-stock leveraged ETFs.

According to Hong Kong Securities and Futures Commission (SFC), Victory Securities Limited received a HK$1.7 million fine and suspension of executives' licenses for regulatory violations. The firm suspended virtual asset trading functions for mainland China users in February 2026, retaining only withdrawal rights while halting deposits and new transactions to comply with SFC requirements and mainland policies.

According to ChainCatcher, B.AI API platform has officially launched Claude Opus 5 model with a 1 million token context window and up to 128,000 tokens per single output, effective immediately. The platform introduced dual-channel API access options: users can leverage either the official standard interface or a new partner-provider channel that offers up to 40% cost savings, allowing enterprises to balance performance and budget flexibility based on their workload requirements.

According to BlockBeats, China's Shenzhen financial regulators including the People's Bank of China's local branch, the Securities Regulatory Commission, the Internet Information Office, and the Local Financial Administration jointly announced the closure of multiple social media accounts promoting illegal virtual currency activities on July 25. The closed accounts included "USDT Merchant Exchange Group," "Play Virtual Currency Together," "Search Bitcoin," "Micro Payment Exchange," and "Central

According to the report posted on the Arbitrum governance forum, Dev3pack, an Arbitrum-funded developer education program, recorded 1,018 developer registrations across its DeFi Builder Club bootcamps. The program also trained 6 ambassadors and graduated 9 developer teams into the Uniswap Hook Incubator program. The final report provides measurable outcomes for the DAO's grant spending on ecosystem growth and developer education.

According to Sina, Elon Musk announced on July 25 that X will open source its entire codebase, including underlying systems, and invite independent third parties to audit the platform to verify consistency between the code and the live system. The move will follow completion of a cybersecurity vulnerability review. X has previously open-sourced portions of its recommendation algorithm and AI modules.

According to Farside data, yesterday (July 24), U.S. spot Bitcoin ETF saw net inflows of $240.1 million. Meanwhile, U.S. spot Ethereum ETF recorded net outflows of $70.7 million during the same period.

According to China News Service, Trump announced on July 25 that he is preparing for a fourth presidential run. At a White House Correspondents' Association dinner, the former U.S. president wore a signature red hat emblazoned with 'Trump 2028' and joked that running for president is something he has 'mastered' through his experience.

According to Barron's, ARK Invest purchased approximately 160,000 Tesla shares on Thursday (July 24) through four of its ETFs, including ARK Innovation ETF, ARK Space & Defense Innovation ETF, ARK Next Generation Internet ETF, and ARK Autonomous Technology & Robotics ETF. The purchase came after Tesla reported second-quarter operating profits of $400 million on Wednesday, roughly $1.3 billion below Wall Street expectations, causing the stock to plunge 15% on Thursday and fall an additional 2.1%

According to BlockBeats, MORPHO surged over 13% on July 25 before pulling back, currently trading at $2.024 with a market capitalization of $1.172 billion.

According to ChainCatcher, Upbit will launch Morpho (MORPHO) for KRW trading on July 25 at 18:00 KST. The exchange supports the Morpho-Ethereum network. Users are advised to confirm the network before depositing.

Gate News message, crypto hacks resulted in roughly $1.32 billion in losses during the first half of 2026, across 224 publicly disclosed incidents. The largest losses came from access control failures, phishing attacks, and oracle issues. Attack breakdown includes access control failures and compromised systems.

According to BlockBeats, as of July 25, Trump's administration has grown frustrated with the Iran conflict, which has now entered its fifth month with no clear resolution in sight. The military operations, originally expected to last weeks, have continued uninterrupted for 13 consecutive days, resulting in 18 U.S. military deaths. Brent crude oil prices briefly surpassed $100 per barrel this week amid the escalating conflict, raising concerns over energy costs and potential impacts on mid-term e

According to Zhao Lin, former ambassador to Eswatini, speaking on CTi News' program "Hong Liu Dong Jian" on July 24, China and the U.S. are developing divergent AI strategies. The U.S. pursues high-cost closed-source models to maintain its technological edge, while China emphasizes cost-effective, open-source deployment and accessibility. Zhao noted that U.S. restrictions on advanced AI chips may accelerate China's development of independent semiconductor, model, and supply chain ecosystems, ult