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
15:47

Crypto Exchanges Handle Nearly $1 Trillion in RWA Trades Since 2026, With Binance Accounting for 60.9%

According to CoinDesk, crypto exchanges have processed nearly $1 trillion in real-world asset (RWA) related trades since the beginning of 2026, with approximately 60.9% originating from Binance. The exchange launched gold perpetual contracts in December 2025 and silver perpetual contracts in January 2026, recording average daily trading volumes of approximately $1.06 billion and $1.41 billion respectively during the first quarter. Commodities now account for 88.3% of Binance's RWA-linked derivat
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15:47

Trump Says U.S. Has Won Against Iran Militarily

President Trump stated recently that the United States has already won in its military confrontation with Iran. The remarks represent Trump's characterization of U.S. military positioning in relation to Iran.
15:45

PrismML Compresses Qwen3.6-27B Model to 4GB, Runs on iPhone 17 Pro

According to Beating monitoring, PrismML—an AI lab co-founded by Caltech mathematician Babak Hassibi—has compressed Alibaba's open-source Qwen3.6-27B model to run on iPhone 17 Pro. The model size was reduced from approximately 54GB to under 4GB without significant performance degradation and supports complex conversations, reasoning, Agent tasks, and code work. Apple has engaged with PrismML to discuss implementing this compression technology, seeking to expand on-device AI capabilities beyond t
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15:43

Interpol Arrests 5,811 Suspects, Seizes $293 Million in Crypto Crime Crackdown Across 97 Nations

According to Interpol's statement published on July 9, law enforcement agencies arrested 5,811 suspects and seized $293 million in illicit assets across 97 countries during Operation First Light, a four-month anti-fraud operation targeting crypto-linked money-laundering networks that ran from January 15 to April 30, 2026. The operation identified more than 142,000 victims worldwide, solved 23,715 cases, flagged 15,606 additional suspects, and targeted social engineering scams including romance f
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15:43

Tapbit Posts Weekly Leaderboard Claiming Multi-Million Dollar Volumes, Details Withheld

According to Traders Union, Tapbit announced a weekly leaderboard update on July 9 claiming its top-ranked traders achieved multi-million-dollar trading volumes over the preceding seven days. However, the exchange did not disclose individual figures, traders' identities, or the methodology for calculating the rankings. The original post was subsequently deleted from Tapbit's X account, though Traders Union preserved the content.
15:42

Bitcoin Exchange Supply Falls to 6.6%, Ethereum to 4.3% Since 2015; Experts Debate Bullish Signal Status

According to cryptocurrency analytics company Santiment, Bitcoin's supply on centralized exchanges has fallen to approximately 6.6% of total circulating supply, while Ethereum reached a historic low of 4.3%. These levels represent the lowest figures since 2017 for Bitcoin and 2015 for Ethereum, respectively. Historically, declining exchange supply was considered a bullish signal, as it suggested investors preferred holding assets in personal wallets rather than selling. However, experts now argu
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15:42

Uniswap Integrates Sky LitePSM, Deploys $150M Stablecoin Liquidity for Near-Zero Slippage Swaps

According to Uniswap's official announcement on July 8, the decentralized exchange integrated Sky's LitePSM to enable DAI, USDS, and USDC swaps at near-parity exchange rates with minimal slippage. The integration follows Spark's deployment of $150 million in stablecoin liquidity on Uniswap V4 approximately two weeks earlier. The updated routing mechanism allows large institutional transactions to clear conversions close to one-to-one ratios, substantially reducing execution costs for high-volume
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15:38

South Korea's Financial Regulator Orders NH Investment & Securities to Pay 60-70% Compensation on Bond Wrap Losses

According to the Financial Supervisory Service (FSS), on June 29, the dispute mediation committee ordered NH Investment & Securities to compensate two investors 60-70% of their losses from bond wrap mismanagement, marking the first time such compensation standards were set for this product type. The committee determined specific payments of 1.26 billion won and 390 million won respectively. The committee calculated damage amounts by comparing expected redemption amounts based on target returns a
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15:35

QIZ Security Closes $17M Seed Round Led by Bessemer Venture Partners

According to PR Newswire, QIZ Security announced the completion of a $17 million seed funding round co-led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The platform focuses on post-quantum cryptography and cryptocurrency asset management, helping large financial, telecommunications, healthcare, and critical infrastructure organizations build quantum-ready systems ahead of potential "Q-
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15:34

Iran Condemns U.S. Military Strikes on Maritime Infrastructure on July 9

According to Iran's representative at the 137th session of the International Maritime Organization Council, Iran on July 9 condemned U.S. military strikes over the past two days on its ports, coastal regions, and maritime infrastructure. The Iranian official stated that U.S. military operations targeted the Chabahar Port vessel traffic control tower, civilian fishing vessels, and equipment used for maritime safety and security, calling the strikes "illegal use of force" against Iran's sovereignt
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15:34

CodexField on BNB Chain Transfers $17.3M USDT Across Chains, Raising Fund Misuse Concerns

According to blockchain investigator Specter, the CodexField project transferred $17.3 million USDT from TRON to Ethereum on July 9, with $6.5 million already moved to Polygon and $10.8 million still in transit, signaling potential fund misappropriation risks. The on-chain tracking reveals the project has accumulated over $85 million in funds. The source wallet is linked to CodexField's deposit contract. Additional concerns include the project's unusual fund routing across multiple chains and ce
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15:33

Robinhood Chain Hits $563.9M Daily DEX Volume on July 8, Driven by CASHCAT Memecoin

According to Dune Analytics, Robinhood Chain processed $563.9 million in decentralized exchange volume on July 8, roughly 10 times the prior day's $58.9 million activity. The surge was entirely driven by CASHCAT, a memecoin built around Robinhood's retired mascot, which rallied above $100 million market capitalization and pulled Uniswap V3's WETH pair to $212.3 million in a single session. The volume record exposed a strategic tension: the chain launched July 1 centered on tokenized equities and
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15:33

AscendEX Ceases Operations on July 1 as MiCA Authorization Fails and Liquidity Deal Collapses

According to AscendEX's official shutdown notice, the cryptocurrency exchange ceased operations on July 1 after failing to secure authorization under the European Union's Markets in Crypto-Assets (MiCA) regulation. The platform cited a failed strategic liquidity transaction and financial difficulties as the primary reasons for closure. An on-chain investigator, ZachXBT, had flagged the exchange's depleted hot wallets in June, reporting near-empty reserves of ETH, USDT, USDC, and SOL amid widespr
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