Gate Crypto Flash News and Market Updates

According to OPEC+ representatives, the organization plans to raise its September production quota by 188,000 barrels per day at a meeting scheduled for around August 2, marking the final increase in its current adjustment phase with no further quota increases planned for the remainder of 2026. The pause reflects OPEC+'s ongoing assessment of supply impacts from the Iran conflict.

According to Kyodo News, four people were hospitalized following an explosion at an Aeon shopping mall on July 28.

According to Bloomberg, retail users on prediction market Kalshi have accumulated net losses of approximately $294 million through combo bets (multi-leg wagers similar to parlay bets) since the start of 2026, excluding fees. Combo bets now account for 36% of Kalshi's contract trading volume this month. Retail users typically trade as price takers, executing at displayed prices, while professional market makers and algorithmic traders profit on the other side. Data shows Kalshi combo bets carry a

On the evening of July 28, Shanghai Gold Exchange gold T+D futures declined 1.07% to 882.5 yuan per gram during early trading, while silver T+D futures fell 2.97% to 14,036 yuan per kilogram.

According to AXIOS, Israeli Prime Minister Benjamin Netanyahu will meet with President Trump on Tuesday in the Oval Office. This will be the eighth meeting between the two leaders since Trump's second presidential term began.

South Korea's stock market fell sharply on Tuesday (July 28), with the KOSPI index breaking below the 6,000 level amid a major semiconductor sector selloff triggered by U.S.-China tensions. The index declined approximately 11%, prompting the circuit breaker to halt trading. This marks the third circuit breaker activation this month, reflecting heightened volatility in the broader Asian markets.

According to Bloomberg, Luno, the DCG-backed cryptocurrency exchange, announced a 20% workforce reduction on July 28 as part of a restructuring plan. CEO James Lanigan confirmed the layoffs, stating the company will expand its B2B business for enterprise clients and cut costs in response to current market conditions. The specific number of affected employees was not disclosed.

According to Japan Meteorological Agency, Kumamoto Prefecture experienced over 60 aftershocks as of July 28, following a 7.1-magnitude earthquake that struck the region in the afternoon.

The APEC forestry ministers' meeting, held in Shenzhen on July 27-28, adopted the 2026 APEC Forestry Ministers' Joint Statement. The statement calls for member economies to promote biodiversity conservation, strengthen enforcement against illegal forest product trade, and integrate forest governance and sustainable forest management into economic development plans, policy frameworks, and recommendations.

According to Securitize, Securitize Capital, the advisory subsidiary of tokenized asset platform Securitize, registered with the SEC as a full investment adviser on Monday, graduating from exempt reporting adviser status. The move unlocks expanded institutional mandates for its onchain capital markets business by removing constraints on client scope and asset scale. Full RIA registration allows the firm to pursue a wider range of institutional advisory mandates, separately managed accounts, and

According to BlockBeats, on July 28, Atsuko Sato, the owner of Kabosu (the Shiba Inu behind the Doge meme), clarified that CATE tokens circulating in the market have no connection to her. She stated that her Instagram post was unauthorized used to issue fraudulent tokens falsely associated with her. Sato emphasized that Own The Doge is the sole project formally authorized to manage her intellectual property. The project acquired the Doge NFT in 2021, launched the DOG token, and introduced COCORO

According to Axios, small businesses including spice importer Burlap & Barrel and watch retailer Collective Horology sued the Trump administration last week over newly enacted Section 301 tariffs of 10 percent or 12.5 percent on goods from more than 60 countries. Collective Horology co-founder Asher Rapkin noted that prior tariffs already cost the firm over $160,000 with refunds still pending. Plaintiffs argue the administration set rates in advance and later crafted justifications for specific

According to BeInCrypto, SK Hynix perpetual contract on Hyperliquid fell 17.9% on Tuesday (July 27), liquidating $57.4 million in long positions across 960 accounts. The crash was triggered by an abnormal pre-market order on NXT, a South Korean alternative stock venue, which valued one SK Hynix share at 1,272,000 won—a 28.7% drop from its prior close. Trade.xyz, the market operator under Hyperliquid's HIP-3 framework, had the contract's oracle pull that corrupted price from the external venue.

According to CryptoQuant analyst Darkfost on July 28, long-term Bitcoin holders transferred holdings to exchanges at elevated levels, contributing 5.1% of total inflows. This ratio is near historical peaks, second only to 2020 when it reached 5.5%.

According to Yonhapnews, a white phosphorus leak at the U.S. military base in Pyeongtaek, South Korea was handled on July 28. No casualties were reported.

According to Nikkei, Japan's minimum wage for fiscal 2026 has been set at an average of 1,176 yen per hour nationwide, an increase of 55 yen from the previous level.

According to Business Insider, Amazon scaled back development of several flagship Nova AI models, including Premier, Omni, Reel, and Canvas, on Tuesday ahead of earnings Thursday. The affected models are reportedly in 'KTLO' (Keep The Lights On) mode, an engineering term for software that continues to receive maintenance and support but is no longer a primary development focus. Amazon has shifted engineering resources toward a new initiative called Frontier Model Research (FMR), led by Pieter Ab

According to its announcement, Fortitude brought a 12-megawatt mining facility in Grand Island, Nebraska, online on Tuesday, expanding its owned power portfolio to more than 60 megawatts across seven sites. The facility is the company's first greenfield data center. The company expects the site to reduce its direct cash cost of mining Zcash from approximately $70 per coin to roughly $40 per coin, leveraging lower-cost owned power and more efficient next-generation mining hardware. The facility i

According to Hong Kong Exchanges and Clearing disclosed on July 28, Juchen Semiconductor Co., Ltd. (688123.SH) resubmitted its main board listing application to the HKEX, with China International Capital Corporation as its exclusive sponsor. The company previously submitted its application on January 26, 2026. Juchen is a fabless high-performance non-volatile memory chip design company specializing in designing and outsourcing wafer fabrication, packaging, and testing services.

According to Hong Kong Exchanges and Clearing (HKEX) disclosure on July 28, Ningbo Deye Technology Co., Ltd. (stock code: 605117.SH) submitted its listing application to the HKEX Main Board for the second time. China International Capital Corporation (CICC), CITIC Securities, and Zhongyin International are the joint sponsors. According to its prospectus, Deye Technology is a global solar and energy storage products manufacturer. The company ranked as the world's largest residential energy storag