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
02:42

White House Claims It Requested Democratic Names for SEC, CFTC Vacancies but Received None, July 9

According to a White House statement on July 9, the Trump administration said it had requested Democratic candidate names for Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) vacancies but did not receive them in response. The statement disputed Senate Democrats' June 10 letter accusing the administration of refusing to nominate Democratic commissioners to agencies designed for bipartisan membership. The SEC currently has three Republican commissioners, al
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02:41

Germany Estimates Over 5,100 Deaths From Heat in June

According to the Robert Koch Institute, Germany's federal health agency, approximately 5,100 deaths were attributed to extreme heat in June, with the majority being elderly individuals. This figure is significantly higher than Germany's annual average of about 2,900 heat-related deaths from 2023 to 2025.
02:37

1X Technologies Unveils NEO Robotic Hand With 25 Degrees of Freedom on July 10

According to PANews, 1X Technologies unveiled its next-generation NEO robotic hand system on July 10, featuring 25 degrees of freedom with tendon-driven design and achieving near-human dexterity and force control. The hand incorporates high-resolution tactile sensing to detect normal force, contact location, and shear force, with all joints supporting force control and full back-drivability. Key performance metrics include 3.5 Nm peak torque on the thumb CMC joint, 2.6 Nm on finger MCP joints, 4
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02:37

South Korean Semiconductor Supply Chain Stocks Surge on July 10, KOSDAQ up 5.25%

According to Seoul Economy, on July 10, South Korean semiconductor materials, components, and equipment companies saw a broad rally, with Original Engineering rising 7.29% and Won-Ik IPS surging 15.35% as of 11:03 AM local time. The KOSDAQ index gained 5.25% to 835.72 points, while the KOSPI index climbed 3.43% to 7,542.06. The rally was driven by easing concerns over global AI infrastructure investment growth and expectations from South Korea's three mega-projects—semiconductor, AI data center,
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02:37

South Korea Designates 7 Brokerages as SME-Focused Financial Investment Firms

South Korea's Financial Services Commission designated seven securities companies as specialized financial investment firms for small and medium-sized enterprises on July 10, 2026. The designated firms are BNK Securities, IBK Securities, SK Securities, Leading Securities, Eugene Securities, Korea Asset Securities, and Hanwha Securities. The designation period runs for three years, from July 10, 2026 through July 9, 2029, as part of efforts to strengthen capital market support for SMEs and startu
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02:37

Israeli Forces to Withdraw from Southern Lebanon Pilot Area Within Days, Per U.S. Official

According to The Jerusalem Post, citing a U.S. official on July 9, Israeli forces will withdraw from one of two pilot areas in southern Lebanon within days. The withdrawal is part of a framework agreement reached between Israel and Lebanon in Washington, aimed at facilitating the next round of talks. An Arab official told the outlet that Lebanon will not participate in planned negotiations scheduled for next week in Rome until Israel completes its agreed withdrawal.
02:32

Relay Protocol Warns of Honeypot Token Scams on Robinhood Chain on July 10

According to Bitcoin.com, Relay Protocol warned of honeypot token scams appearing on the Robinhood Chain on July 10. The security protocol confirmed multiple user reports where tokens immediately disappeared from wallets after purchase and could not be sold or transferred. These honeypot tokens use smart contract code that allows buying but blocks selling, permanently locking investor funds. The surge in fraudulent tokens correlates with recent explosive growth in user activity and token creatio
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02:31

Dunamu Signs MOU with Seoul City for Youth Financial Education Program, Starting August

Dunamu, operator of cryptocurrency exchange Upbit, signed a memorandum of understanding with Seoul City on July 9 to strengthen financial literacy and digital asset education for youth, the company announced on July 10. The partnership will launch an 'Upclass' educational program in Seoul youth centers in August, covering topics including Bitcoin and blockchain, digital asset fraud prevention, and emerging financial instruments like stablecoins and real-world assets (RWA). Seoul City will contri
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02:31

Meta Launches Muse Spark 1.1, First Paid AI Model, With API Pricing at a Quarter of OpenAI's Cost

According to Meta, Muse Spark 1.1 launched on July 9, marking the company's first AI model offered to developers on a paid basis. The model features API pricing of $1.25 per million input tokens and $4.25 per million output tokens—approximately one-quarter the cost of OpenAI and Anthropic's top-tier models. Muse Spark 1.1 scored 53.3 on the DeepSWE benchmark, placing it on par with GPT-5.4 and Claude Sonnet 5 for programming capabilities. The model offers a 1 million token context window, suppor
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02:30

Maji Brother Opens 6,659 ETH 25x Long Position Worth $11.75M, Liquidation at $1,729

According to Odaily, Maji Brother opened a 25x leveraged long position on ETH perpetual futures today, holding approximately 6,659 ETH worth $11.75 million. The position has an entry price of $1,760.02, current mark price of $1,765.30, and liquidation price at $1,729.47, with unrealized gains of about $35,200 and margin requirement of $471,000.
02:29

Meta Launches Iris AI Chip, Targets 14GW Compute Expansion; Stock Up 4.7%

According to Beating, Meta announced yesterday that it will launch its self-developed AI chip Iris in September and expand compute capacity from 7GW this year to 14GW by 2027. The company also began charging developers for access to its Muse Spark 1.1 large language model via API, marking its first direct monetization of AI model services. Meta's stock rose 4.7% following the announcements, as investors shifted focus to potential cost reductions from in-house chip production and expanded revenue
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02:27

China's National Meteorological Center Issues Orange-level Rainstorm Warning for July 10-11, with Some Areas Forecast Up to 800mm

On July 10 at 10 AM, China's National Meteorological Center issued an orange-level rainstorm warning for the period from 2 PM on July 10 through 2 PM on July 11, affecting parts of 15 regions including inner Mongolia's southeast, Jilin's central areas, Liaoning's west and north, Hebei's central-north, Beijing, Tianjin's north, Shanxi's northwest, Shaanxi's north, Gansu's east and south, Qinghai's east, Sichuan's west, Zhejiang's southeast, Fujian's northeast, and Taiwan. Heavy rainstorms are for
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