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
03:28

Intel Commits to 14A Process Mass Production by 2028

According to Benzinga and Intel's Q2 earnings report, the chipmaker formally committed in the second quarter to launching mass production of its next-generation 14A process by 2028, marking a dramatic shift from concerns raised just three months earlier about potential delays or cancellation due to insufficient customer demand. CEO Pat Gelsinger stated Intel has "decided to move forward with full acceleration of 2028 mass production," citing increased customer engagement, rising demand from Inte
More
03:21

Open Letter on Open-Weight AI Models Doubles to 50 Signatories in Two Days, OpenAI and Google Join

According to Beating, an open letter titled "Open Weights and U.S. AI Leadership" has doubled in corporate signatures from 25 to 50 in two days. The letter, initially signed by Nvidia and Microsoft, calls on the U.S. government against premature restrictions on downloadable and self-deployable open-source AI models. OpenAI, Google, AMD, Cloudflare, GitHub, and Cisco have since joined the effort.
03:16

South Korea's FSS Governor Attends 15th EMEAP GHOS Meeting in Singapore on July 23-24

According to South Korea's Financial Supervisory Service (FSS), FSS Governor Lee Chan-jin attended the 15th East Asia-Pacific Economic Cooperation Financial Regulators' Organization and Central Banks Governors Meeting (EMEAP GHOS) in Singapore on July 23-24. The meeting brought together financial supervisory authorities and central bank governors from 11 countries in the region to discuss artificial intelligence adoption in financial services and strengthening supply chain resilience amid global
More
03:13

South Korea's FSC Warns RIA Account Investors: Settlement Date, Not Trade Date, Determines Tax Benefits

According to South Korea's Financial Supervisory Service on July 26, the agency issued investor guidance on key conditions for tax deductions in RIA (Returning Investor Account) for overseas stock transactions. The FSC clarified that the tax deduction rate for overseas stock gains is determined by the settlement completion date rather than the order execution date. For example, if a trade settles before July 31, investors receive an 80% deduction; settlements after July 31 through December 31 qu
More
03:13

South Korea's Financial Authority Sets July 29 Deadline for 80% Capital Gains Tax Exemption on Overseas Stocks via RIA

According to South Korea's Financial Services Commission on July 26, investors must complete the sale settlement of overseas stocks held in a Return to Domestic Market Account (RIA) by July 29 to qualify for an 80% capital gains tax deduction. The authority clarified that the deduction rate is determined based on the settlement completion date, not the trade execution date. Investors holding overseas equities in RIA accounts must ensure transactions are fully settled within the deadline to secur
More
03:12

SUI Token to Unlock $9.76M Worth of Tokens on August 1

Gate News message, SUI is down 82.8% from its all-time high reached approximately one year ago. On August 1, $9.76 million worth of tokens are set to unlock. A total of 13.72 million SUI tokens will be released, distributed as follows: Early Contributors will receive 7.65 million tokens, Community Reserve will get 4 million tokens, and Mysten Labs Treasury will obtain 2.07 million tokens. Over the past 30 days, 22.6 million tokens have been released.
SUI0.28%
03:10

DeepSeek Halts $71B Funding Round After Investor Meeting Notes Leak

According to Bloomberg, DeepSeek's investor meeting notes leaked without authorization on July 26, disrupting the company's ongoing $71 billion funding round. Co-founder梁文锋 has paused the financing process to reassess information disclosure procedures and investor communication mechanisms. DeepSeek insiders told reporters the leaked information is "unreliable," describing external reports as "mostly fabricated or speculative." The company has not issued an official statement on the matter.
More
03:09

Across Protocol Reports $4M Net Loss From Solana Attack on July 17; User Funds Unaffected

According to Across Protocol's post-incident report issued July 25, attackers exploited a vulnerability in Risk Labs' Solana off-chain software on July 17, forging 1,627 fake deposits totaling $41.7 million. Relayer completed 581 advance payments worth $4.5 million before halting Solana services; approximately $500,000 of attacker funds remained trapped in the protocol, resulting in a net loss below $4 million. Across emphasized that user funds were never at risk. All user transfers were complet
More
SOL0.91%
03:07

Microchip Technology Acquires Israeli Edge AI Firm Hailo in July 2026

According to Calcalist, Microchip Technology signed a definitive agreement to acquire Hailo, an Israeli developer of edge AI processors and software, in July 2026. The deal is expected to close toward the end of Microchip's fiscal quarter ending September 30, subject to regulatory approvals. Hailo makes edge AI accelerators, vision processors, and software that enable devices such as smart cameras, robots, and industrial systems to run AI workloads locally. Microchip said Hailo's products would
More
03:05

OpenAI Resets Codex and ChatGPT Work User Quotas After Nearly 2-Hour Outage

According to Beating, OpenAI experienced a near-global service outage on July 26, with API, ChatGPT, and Codex experiencing widespread errors. The primary disruption lasted nearly two hours before services were restored. To compensate affected users, OpenAI product lead Tibo announced that all Codex and ChatGPT Work user usage quotas have been reset.
03:04

Xiao Rui, Son of Former Wuhan Official, Sentenced to 6 Years 9 Months for Laundering HK$64M

According to Caixin, Xiao Rui, 37, was convicted on July 23 by Hong Kong District Court on four counts of money laundering and one count of using a forged document. The son of a former Wuhan Discipline Commission member laundered over HK$64 million through underground money changers and obtained fraudulent Hong Kong residency. He was sentenced to 6 years and 9 months imprisonment. Xiao Rui had claimed the funds came from his mother's legitimate business and bitcoin sales; the court rejected both
More
BTC0.72%
03:01

Japan Cabinet Approves Reclassification of 105 Digital Assets as Financial Products on April 10

According to Populus, on April 10, 2026, Japan's Cabinet approved a comprehensive reform package reclassifying 105 digital assets, including Bitcoin and Ethereum, from payment instruments to financial products under the Financial Instruments and Exchange Act (FIEA). The change will impose continuous disclosure requirements on issuers comparable to listed stocks, prohibit insider trading, and increase penalties for unlicensed dealers to up to 10 years imprisonment and 10 million yen in fines. The
More
BTC0.72%
ETH1.18%
02:59

Forma Halts Forma Chain, NFTs Migrating to Ethereum L1

According to Forma's official X post, the team announced the decision to halt Forma Chain operations, citing unsustainability. Modularium and Forma NFTs will migrate to Ethereum L1 to ensure permanent preservation of artwork and marketplace access. NFTs will remain accessible and tradable on OpenSea and other Ethereum markets. Forma strongly recommends users withdraw funds via the Forma bridge. Any unclaimed funds will be manually migrated to an EVM-compatible chain to be announced later. The te
More
ETH1.18%
02:57

Andrej Karpathy Denies Leaving Anthropic After Removing Job Title from X Profile

According to Beating, Andrej Karpathy, OpenAI cofounder and member of Anthropic's pretraining team, removed Anthropic from his X bio, sparking speculation that he had left the company just 68 days after joining. Responding to questions from users, Karpathy dismissed the claims as "strange misinformation" circulating on X and confirmed he has not departed from Anthropic.
02:49

Goldman Sachs Chief Suggests Simplifying Positions, Turns Bullish on Gold on July 26

According to Goldman Sachs hedge fund business chief Tony Pasquariello on July 26, U.S. stock trading remains highly difficult amid severe internal divergence and elevated momentum factor volatility. He recommended investors simplify portfolios and concentrate risk on high-conviction positions. Individual stock implied volatility continues diverging from the S&P 500 benchmark, indicating elevated single-stock option demand and dispersion trading. Pasquariello turned bullish on gold, citing centr
More