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
11:57

Gate Confirms Applicant Possessed Highly Matching External User Information Amid Security Change Event

According to ChainCatcher, Gate disclosed details on July 9 regarding a security change event and customer funds loss claim. The platform confirmed that the applicant submitted materials highly matching the customer's account, including email, phone number, real-name identity, transaction records, and Alipay screenshots. Gate noted that accessing Alipay screenshots requires successful multi-factor authentication, indicating the applicant not only obtained account credentials but also acquired th
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11:56

U.S. Big Tech Companies Raised $296B for AI Infrastructure in 2026, Four Times Annual Free Cash Flow

According to Herald Economy, major U.S. technology companies including Alphabet, Amazon, Meta, and Oracle raised a combined $296 billion for artificial intelligence infrastructure expansion in 2026 as of July 9. This amount exceeds five times the estimated annual free cash flow of approximately $57 billion for these four firms. Capital expenditure by five hyperscale data center operators is projected to expand nearly four times, from $243 billion in 2024 to $945 billion by 2028, with 2026 expect
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11:55

Robinhood Chain Launches on Mainnet, Memecoin Trading Tops $500M Daily Volume

Robinhood Chain launched on mainnet in July as an Ethereum-compatible Layer 2 network built using Arbitrum Orbit. Originally designed to bring tokenized real-world assets onchain, the network quickly became a memecoin hotspot. Daily trading volume briefly topped $500 million as speculators rushed into newly launched tokens, with CASHCAT climbing beyond $100 million in market capitalization. CEO Vlad Tenev acknowledged the trend yesterday on X, stating that while Robinhood Chain was built for rea
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11:55

Bond Demand Rises Amid Investor Shift to Fixed Income in Q2 2026

According to Hermes Investment Management analyst Gallo, bond demand increased in 2026 as investors reallocated capital from equities to fixed income assets after years of strong stock performance. U.S. municipal bond demand remained robust in Q2, pushing municipal bond yields lower while U.S. Treasury yields rose.
11:55

Cardano Founder Hoskinson Accuses Ethereum of Using UTXO Ideas Without Credit on July 9

According to Charles Hoskinson, Cardano's founder, Ethereum was adopting ideas from Cardano's Extended UTXO model without giving credit on July 9. The accusation followed a proposal by Ethereum researcher Toni Wahrstätter to add native UTXO-style payments to Ethereum, which would reduce permanent storage needs by up to 99.8%. Hoskinson's remarks revived the Cardano versus Ethereum rivalry.
11:53

Iraq PM: All Militia Weapons to Be Consolidated Under State Control by End of September

According to Iraq's Prime Minister Media Office statement, on July 9, Prime Minister Al-Sudani announced that all weapons held by militia groups will be consolidated under full state control by the end of September. The government has been in dialogue with various militia organizations, whose operations will shift toward political and social spheres after the deadline.
11:53

OpenAI Engineer Ryan Lopopolo Joins Google Cloud as Agentic Platform Lead

According to Beating, Ryan Lopopolo, an OpenAI engineer and author of the Harness engineering methodology, has recently joined Google Cloud as Chief Engineer for Agentic Google Cloud Platform. Lopopolo's Harness engineering framework emphasizes providing AI agents with proper context, tools, permissions, evaluation metrics, and feedback loops to enable real participation in software development. During his time at OpenAI, he participated in an internal experiment where a team used Codex to build
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11:53

European Beverage Stocks Rally Today as Recovery Gains Momentum

According to Bernstein analysts, European beverage stocks including Carlsberg and Heineken rallied today as sales growth signals emerge. Cognac maker Rémy Cointreau also advanced on positive momentum from its turnaround plan, while spirits groups Diageo and Pernod Ricard lagged. Analysts favor beer stocks over spirits, citing continued weakness in the U.S. spirits market. Overall, the group trades at attractive valuations at current levels.
11:52

ASX-US Reports Q2 Revenue of TWD 191.064 Billion, Up 10% QoQ

According to its official announcement on June 9, ASX-US (日月光投控) reported Q2 revenue of TWD 191.064 billion, up 10.02% quarter-over-quarter and 26.74% year-over-year, setting a new record for the period. June revenue reached TWD 65.783 billion, marking the second-highest monthly result on record, with a monthly increase of 4.4% and yearly increase of 32.9%. The company's packaging and testing segment delivered robust performance, benefiting from surging AI chip orders.
11:50

Michael Saylor: Digital Credit Transparency Enables Investor Models for Valuation, On July 9

According to Michael Saylor on July 9, digital credit's transparency stems from Bitcoin serving as an observable and homogeneous asset, enabling analysts to continuously assess credit risk tied to BTC and allowing investors to build and apply statistical models for valuation and trading decisions of related credit products. Saylor also noted that his team has released a proprietary credit model allowing users to input parameters such as BTC price, volatility, and annualized yield to calculate th
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11:49

UK Assets May Face Higher Volatility Amid Fiscal Uncertainty, Says Validus Strategist

According to Harry Woolman, global capital markets partner at Validus Risk Management, UK assets may experience heightened volatility in coming months due to uncertainty in government spending and revenue plans. Amid rising fiscal pressures, the UK's constrained public finances make it increasingly difficult for the new government to maintain fiscal prudence without sustained economic growth. Choosing between tax increases, spending cuts, or higher debt levels will become increasingly unavoidabl
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11:47

Sterling Outlook Hinges on UK's Burnham Fiscal Commitment, Confirmation Due Around July 17

According to Ebury analyst Matthew Ryan, sterling's prospects depend on whether UK's prospective Prime Minister Andy Burnham honors his fiscal rules commitment. If Burnham follows through, sterling is likely to remain stable. Any sign that these rules are abandoned or distorted could trigger disorderly selling of British assets. Market clarity is expected around July 17 when Burnham's leadership is confirmed.
11:42

Samsung Reports ₩89.4T Operating Profit in Q2, Beats Nvidia Record as Stock Falls 7% on July 7

According to Korea Herald, Samsung Electronics reported preliminary Q2 2026 operating profit of ₩89.4 trillion ($58.4 billion) on July 7, surpassing Nvidia's record $53.5 billion operating income and becoming the largest quarterly operating profit in technology industry history. The stock fell as much as 10% intraday and closed 6.9% lower at ₩291,500, despite the record earnings—a pullback analysts attributed to positioning exhaustion after a 150% year-to-date rally. Securities firms covering th
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11:41

BitGo Plans Quantum-Resistant Security Tools for Institutional Bitcoin Wallets Within Weeks

According to The Block, BitGo plans to launch quantum-resistant security tools for institutional Bitcoin wallets within weeks. The tools are designed to help institutions assess, manage, and reduce quantum-related risks to UTXO-type wallets. The new tools will extend BitGo's existing multi-signature security architecture and include features for wallet key risk management, UTXO optimization, and enhanced institutional wallet operations. BitGo has filed a provisional patent for a method to reduce
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11:41

Dekon Livestock Wins National Science and Technology Progress Award First Class Prize for Breeding Innovation

According to the Academy of Sciences breeding team led by Academician Huang Lusheng, Dekon Livestock (02419) and 27 other research institutions jointly completed the project "Huaxe Swine Breeding Technology and Core Germplasm Creation and Application," which was awarded the National Science and Technology Progress Award First Class Prize in 2025. This marks the first time China's pig breeding sector has clinched this honor and is the sole first-class award in agriculture this cycle. The team dev
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