Gate Crypto Flash News and Market Updates

According to Iran's FARS News Agency, two military bases in Bushehr Province were struck by enemy attacks on July 8. No casualties have been reported so far.

Israel's Finance Ministry announced on Wednesday that the country recorded a budget deficit of 8.6 billion shekels in June.

Broadcom reversed course in premarket trading on July 8, after earlier declining nearly 3% during the session.

According to ChainCatcher, based on blockchain analyst Yu Chen's monitoring, Hyperliquid's team currently holds 241 million HYPE tokens fully staked, generating approximately $1 million in daily staking rewards. Since the token's launch 18 months ago, the team has accumulated 8.08 million HYPE from staking rewards, valued at $565 million. After selling approximately 4.93 million HYPE, the team's position has grown from the initial 238 million to 241 million tokens, now worth approximately $1.65

According to BlockBeats, on July 8, Apple and Broadcom announced a multi-year chip supply agreement exceeding $30 billion and covering over 15 billion U.S.-manufactured chips.

According to Jin10, Soukesheng Health Limited, a subsidiary of Huahai Pharmaceuticals, received a cumulative $14.2296 million in U.S. tariff refunds as of today (July 8), accounting for 36.36% of the company's latest audited net profit. The refunds follow a February 2026 U.S. Supreme Court ruling that the government exceeded its legal authority under the International Emergency Economic Powers Act (IEEPA) when imposing the tariffs, making those measures invalid. The U.S. Customs and Border Prote

According to reports on July 8, Northeast Asian refiners have sold at least 8 cargoes of August-loading diesel, each ranging from 300,000 to 750,000 barrels. Refining margins have eased to slightly above $45 per barrel, reflecting strength in crude oil markets, while cash spreads have softened to slightly above $1.10 per barrel amid thin trading. Jet fuel swap markets showed some relief in the cash premium, with the spread between jet fuel and diesel continuing to hover around a $1.50 per barrel

On July 8, 2026, Lido DAO (LDO) surged 16.79% to $0.3269, driven by two major infrastructure breakthroughs. Lido Finance enabled users to transfer wrapped staked Ether (wstETH) directly to Robinhood, expanding retail access to liquid staking. Simultaneously, the protocol secured integration with Anchorage Digital, a federally chartered U.S. crypto bank valued at $4.2 billion, allowing institutional clients to mint and redeem wstETH within a regulated custody environment. 24-hour trading volume j

South Korean fintech app Toss launched a strategic partnership with Optimism and Sunnyside Labs on July 8, 2026, to conduct a three-month proof-of-concept (PoC) project evaluating blockchain infrastructure for a potential Korean won-based stablecoin. The initiative will assess whether Optimism's OP Stack technology can support Layer 2 blockchain-based financial infrastructure designed for institutional compliance, combining regulatory requirements such as KYC and AML procedures with privacy prot

Float, a South African card-linked instalment fintech, has announced its expansion into the United Kingdom, supported by the UK Government's Global Entrepreneur Programme. The platform allows shoppers to split purchases into up to 24 interest- and fee-free monthly instalments using existing Visa or Mastercard credit, without issuing new credit or requiring app downloads. Across its UK merchant base, Float increases average order value by approximately 134%. UK consumers hold an estimated £250 bi

According to Zhitong Finance, on July 8, Northbound investors made net purchases of 14.194 billion Hong Kong dollars in Hong Kong stocks. Shanghai-Hong Kong Stock Connect saw net inflows of 7.03 billion, while Shenzhen-Hong Kong Stock Connect received 7.164 billion. Zhipu AI (02513) was the most-bought stock among Northbound investors with net purchases of 4.329 billion Hong Kong dollars. Citing foreign media reports, Zhitong Finance stated that amid surging demand for GLM-series AI models, Zhip

According to Maeil Business Newspaper, U.S. financial ETF XLF reached a new high this summer of 2026. A domestic investment fund manager noted that American investment banks are increasingly viewed as 'safe assets' due to regulatory safeguards implemented after the 2008 financial crisis and their status as senior creditors on AI data center loans. A new Korean-listed ETF focused on U.S. investment banks has also recently hit record highs, offering an alternative to overseas-listed counterparts w

According to Smart Finance APP, over 80% of MiniMax (00100) pre-IPO and cornerstone shareholders on July 8 stated their commitment to long-term holding ahead of the unlock window. Stakeholders pledging continued investment span multiple categories, including cornerstone investors like Aspex and Boyu, state-owned platforms, and early backers such as Alibaba and miHoYo. MiniMax shares surged nearly 20% during afternoon trading on July 8, reaching a high of 389.8 Hong Kong dollars.

According to Bank of Korea on July 8, the central bank will release a new economic growth forecast in August, reflecting domestic and external conditions since its May projection of 2.6%. The revision comes as major global investment banks average a 3.0% forecast for 2026, higher than the central bank's prior estimate. Bank of Korea Governor Shin Hyun-song previously suggested upward adjustment potential, citing stronger-than-expected Q1 GDP growth and sustained semiconductor momentum, indicatin

Derek Halpenny from Mitsubishi UFJ advised against over-reading details in the Federal Reserve's June FOMC meeting minutes set to be released tonight (July 8), citing significantly changed market conditions since early June. The dot plot, likely submitted before June 12, would not show nine members supporting a rate hike if conducted today, he noted. Current overnight index swaps price July 29 rate-hike odds at near 30%, which appears too high given weakening labor data. For the period through M

According to BlockBeats, on July 8, EVAA Protocol, a lending protocol in the TON ecosystem, released a teaser for its AI Agent and invited the community to guess its core features. Winners will have the chance to receive rewards. Based on the official video, the deployment sequence references "Connecting to TON network" and "Liquidity synced," suggesting the product may focus on AI-driven DeFi interactions within Telegram.

According to Lookonchain, a trader (0xeee2) invested just $86 in CASHCAT on July 8, generating approximately $1.6 million in profits with a 19,061x return. The trader purchased 17.5 million CASHCAT tokens and sold 3.6 million for roughly $390,500. The remaining 13.8 million tokens held are valued at approximately $1.24 million, bringing total gains to around $1.6 million.

The MENA Fintech Association and Fireblocks have published the UAE Stablecoin Payments Playbook, a practical framework designed to guide banks, fintechs, payment providers and corporates in implementing stablecoin-based payment infrastructure across the UAE. According to the report, stablecoins facilitated approximately $33 trillion in onchain transaction volume during 2025, while the UAE received approximately $56 billion in onchain value between 2024 and 2025. The playbook examines how regulat

According to Yonhapinfomax, on July 8, South Korea's won currency plunged sharply against the U.S. dollar, hitting 1,498.50 KRW per dollar in afternoon trading—marking the first time the exchange rate broke below 1,500 since May 29 and a decline of 29.70 won from the previous day's close. The sharp drop was triggered by geopolitical tensions in the Hormuz Strait and subsequent risk-off sentiment in global markets, combined with SK Hynix's forward exchange sales ahead of its anticipated U.S. stoc

Hong Kong Exchanges and Clearing announced that it will launch derivatives products and measures on Lishen Precision's listing date, July 9. The company's global offering of 383 million H-shares is priced at HK$63.28 per share, raising approximately HK$24.27 billion. Weekly and monthly options on Lishen Precision will debut on the listing day, derivative warrants linked to the stock will be listed simultaneously, and the shares will be added to the designated list for short selling.