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
00:29

Anthropic Discovers J-Space Internal 'Global Workspace' in Claude Model on July 7

According to Anthropic research announced on July 7, the Claude model has spontaneously developed an internal mechanism called J-space (Jacobian space), described as a 'global workspace' for silent reasoning. This neural activation pattern allows the model to think about concepts without articulating them, similar to human conscious thought. Using Jacobian techniques, researchers can identify and modify these activation patterns. Experiments show that disabling J-space weakens multi-step reasoni
More
00:26

Hengyi Holdings Shareholder Seeks Removal of Six Directors on June 30

According to Hengyi Holdings' announcement on June 30, shareholder Chen Yueerong submitted a request to remove six current directors, including executive directors Xian Guozhi, Luo Xueyu, and Wei Huaping, as well as independent non-executive directors Chen Minjie, Xu Lingang, and Cai Zhenhua. The company stated it is verifying the authenticity of the request and the shareholder's identity and shareholding. The board is seeking professional legal advice on procedural compliance before convening a
More
00:25

Former Tether CIO Richard Heathcote Divests Stake, Approved by Company on July 7

According to Bloomberg, former Tether chief investment officer Richard Heathcote is divesting a stake in the company on July 7, working with PJT Partners on the sale. Heathcote stepped down from the CIO role in March and transitioned to an advisory position. The sale involves a portion of his 1.26% stake, with negotiations underway with potential buyers; the valuation was not disclosed.
00:25

CISA Using Anthropic's Mythos AI Model to Scan Government Code, Already Finding Vulnerabilities

According to Reuters, the US Cybersecurity and Infrastructure Security Agency (CISA) is using Anthropic's Mythos AI model to audit government code repositories for software flaws. CISA's Attack Surface Evaluation team is conducting the assessments, and sources said the reviews have already discovered multiple vulnerabilities. Anthropic stated that a preview version of Mythos has discovered thousands of high-severity software flaws, while the UK AI Security Institute noted the model could autonom
More
00:23

Malaysian Palm Oil Futures Likely to Rise Tuesday, Tracking Soybean Oil Gains

According to Jin10 Futures, Malaysian crude palm oil futures on the Bursa Malaysia Derivatives Exchange (BMD) are likely to open higher on Tuesday (July 7), following strength in Chicago soybean oil markets. High temperatures and dry conditions in the U.S. Midwest could stress soybean crops, supporting soybean and soybean oil prices. A weakening Malaysian ringgit is also expected to support palm oil prices by reducing purchasing costs for foreign currency-denominated buyers. A recent survey indi
More
00:22

Kakao Stock Falls Below 30,000 Won; Brokers Cut Price Targets Citing Unconfirmed AI Monetization

According to DB Securities and Hana Financial Investment, Kakao's share price fell below 30,000 won on July 7 as brokerage firms downwardly revised price targets despite expecting stable second-quarter earnings. While the company's core KakaoTalk advertising and e-commerce businesses are forecast to perform well, brokers cited unconfirmed monetization progress in AI services as the reason for valuation pressure, with the stock trading near historical lows.
00:19

LG Electronics Target Price Raised to 260,000 KRW by Meritz Securities on Cooling System Progress

According to Meritz Securities, on July 7, the brokerage raised LG Electronics' target price to 260,000 KRW from 120,000 KRW, citing the commercialization of AI data center cooling systems and robotics businesses. The company is completing quality testing of cooling solutions with North American hyperscalers, with revenue contribution expected within 6–9 months upon successful orders.
00:19

Sberbank Plans Crypto Wallet Launch by December as Russia Advances Digital Asset Bill

According to CoinDesk, Sberbank, Russia's largest bank, plans to add a crypto wallet and digital depository to its Sberbank Online and SberInvestments platforms by December. The rollout depends on a draft digital-currency law that passed first reading and requires further approvals, with a provisional September 1 start date. Under the bill, crypto activity would route through licensed intermediaries such as exchanges and brokers, maintaining Russia's ban on domestic crypto payments while allowin
More
00:17

Bitwise Hyperliquid ETF Records $8.43M Net Inflows on July 6

According to SoSoValue data cited by ChainCatcher, Bitwise Hyperliquid ETF (BHYP) saw net inflows of $8.4266 million on July 6. The ETF has accumulated total net inflows of $130 million to date and currently holds total assets under management of $371 million.
00:16

China Warehouse Index Rebounds to 50.2% in June, Returns to Expansion

According to China Federation of Logistics & Purchasing, the Chinese Warehouse Index rebounded to 50.2% in June, up 0.6 percentage point month-on-month. The index returned to expansion territory as demand for warehouse services improved amid increased major infrastructure project launches and synchronized recovery in manufacturing supply and demand.
00:16

Lotte Construction Issues KRW 300 Billion AAA-Rated ABS Today

According to Yonhapinfomax, Lotte Construction issued KRW 300 billion in AAA-rated asset-backed securities today (July 7), comprising KRW 150 billion with one-year maturity and KRW 150 billion with 15-month maturity. The offering was underwritten by KB Securities, Hana Securities, Kiwoom Securities, Samsung Securities, and Korea Investment Securities. The construction firm expects to recover approximately KRW 770 billion in early cash flow through Q1 2027.
00:11

Zhejiang Launches Level IV Emergency Response as Super Typhoon Bawei Expected July 10-11

According to official weather forecasts, Typhoon Bawei (the 9th Super Typhoon of 2026), generated on July 2, is expected to approach the Zhejiang coast between July 10-11 evening, potentially crossing northern Taiwan or making landfall. In response, Zhejiang's provincial emergency management and water resources departments have instructed local authorities to prepare for the most adverse scenario—a direct hit by a super typhoon cutting across the entire province. Coastal cities in Zhejiang have
More
00:09

LG Energy Solution Returns to Profit in Q2 2026 with 1.133 Trillion Won Operating Income

According to Yonhap Infomax, LG Energy Solution returned to profitability in the second quarter of 2026 on July 7, recording 1.133 trillion won in operating profit. This marks a recovery from the company's 2.078 trillion won operating loss in Q1. Revenue for Q2 reached 7.56 trillion won, surpassing analyst consensus of 7.38 trillion won and climbing 15.3% from Q1's 6.56 trillion won. However, the operating profit figure fell short of the market consensus of 1.798 trillion won.
More
00:08

Samsung Electronics Ordinary Shares Hit 54% Premium Over Preferred Stock, Record High Driven by ETF Inflows

According to DS Investment & Securities researcher Kim Soo-hyun, Samsung Electronics ordinary shares are trading at a 54% premium to preferred shares on July 8, marking a record high. The surge is driven by large-scale ETF inflows concentrated in ordinary shares over recent months, significantly widening the price gap between the two security classes. International comparisons show the discount is excessive. Preferred shares at Alphabet, Berkshire Hathaway, and major German companies trade at on
More