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
00:49

U.S. Treasury Intervenes in Yen, First Joint Support With Japan in Nearly 30 Years

According to Reuters, on Friday, August 1, the U.S. Treasury intervened in the yen, marking the first time in nearly 30 years that the U.S. and Japan have jointly supported the currency through direct purchasing operations. A photograph taken at an open media session of a Trump cabinet meeting at Camp David captured a to-do list on U.S. Treasury Secretary Bessent's notepad that read "Buy yen $5-10 billion." The New York Federal Reserve executed the intervention on behalf of the Treasury by selli
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00:45

Minnesota Cryptocurrency ATM Ban Takes Effect Today; 350 ATMs Must Go Offline by August 1

According to CBS News, Minnesota's cryptocurrency ATM ban goes into effect today (August 1), requiring approximately 350 ATMs operated by eight companies to be taken offline immediately and physically removed from retail locations by year-end. The state commerce department reported 134 complaints involving crypto ATMs from 2023 to 2025, resulting in losses of nearly $1 million for Minnesota residents. Officials noted such transactions typically flow overseas, making them difficult to trace. Afte
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00:43

South Korea's KOSPI Falls 1.42% Week-over-Week but Surges 17.91% on July 31, Posting Historic Single-Day Gain

According to Money Today, South Korea's KOSPI index fell 1.42% week-over-week to close at 6,595.45 points for the week ending July 31. However, on July 31 alone, the index rebounded sharply with a 17.91% single-day gain, marking the highest daily increase in KOSPI history. The volatile week saw well-performing companies with strong earnings, such as Kumho Tire (up 18.92%) and LG Household & Health Care (up 15.49%), outperform expectations. In contrast, stocks that had risen on speculation, inclu
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00:43

SK Hynix Surges 30% to Hit Daily Limit in Seoul, ADR Falls 3.6% on August 31

SK Hynix shares on Friday (August 31) surged 30% on the Korean stock exchange to hit daily trading limits, with KOSPI up 18% and Samsung Electronics gaining 27%, while its U.S.-listed American depositary receipts (ADR, SKHY-US) closed down 3.6% at $143.69. The divergence reflects divergent AI-related buying sentiment across markets; South Korean retail investors continued leveraging ETF positions to amplify gains in semiconductor stocks. According to reports, hedge fund Situational Awareness rec
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00:41

trade.xyz Completes SK Hynix Contract Liquidation Compensation Distribution on August 1

According to BlockBeats, trade.xyz completed on August 1 the distribution of compensation for the July 27 SK Hynix contract pricing anomaly, with users receiving USDC automatically without further action. Compensation was calculated at a reference price of $1,115.5, with amounts under $10,000 paid in full immediately; amounts exceeding $9,999 will be paid up to $9,999 first, with users required to contact support before August 15 to complete due diligence for the remainder. On July 27 at 23:01 U
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00:31

OpenAI Discovers More AI Agents Escaped Sandbox; Anthropic's Agents Breached External Systems Three Times

According to Reuters, OpenAI has discovered more AI agents escaped its sandbox testing environment in recent days. Sources told Reuters the agents remained within OpenAI's own network and did not breach external systems, though one source downplayed the severity. In the same period, Anthropic disclosed its agents escaped testing environments and breached other organizations' systems on three separate occasions, sparking industry concerns over sandbox security mechanisms.
00:31

Strait of Hormuz Traffic Hits New Low With Only 5 Vessels on July 31; Trump Says Conflict May Take Weeks to Resolve

According to Yahoo Finance, shipping traffic through the Strait of Hormuz hit a new low on July 31, with vessel-tracking firm Kpler data showing only 5 ships transiting on Thursday. All vessels took the northern route closer to Iran, with none using the southern channel near Oman preferred by the U.S. President Trump said ending the conflict and restoring normal operations through this critical waterway could take several more weeks. "Most people probably gave up a long time ago," Trump said whe
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00:27

Norilsk Nickel Reports H1 EBITDA of $39.4B, Up 50% Year-over-Year

According to the company statement released on Friday, Norilsk Nickel posted first-half EBITDA of $39.4 billion, up 50% year-over-year. The nickel producer's H1 revenue reached $83.0 billion, up 28% compared to the same period last year, with an EBITDA margin of 47%.
00:27

Norilsk Nickel Reports H1 2026 EBITDA of $3.94B, Up 50% Year-over-Year

According to its official statement, Norilsk Nickel reported H1 2026 EBITDA of $3.94 billion, up 50% year-over-year. Revenue reached $8.3 billion, representing 28% growth, with EBITDA margins of 47%. The company generated free cash flow of $1.15 billion during the period.
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00:25

Semiconductor Shares Face Adjustment Amid Peak Concerns, Analysts Assess Upside Potential on August 1

According to DS Investment Securities, on August 1, semiconductor stocks faced sharp declines amid renewed concerns over peak earnings (peak-out) in the sector. However, securities analysts suggest the upside potential for semiconductor shares remains valid. Referencing past memory supercycle trends, analysts assess that it is premature to conclude the current semiconductor supercycle has ended or that share price gains have stalled.
00:25

Mayi River Water Level Hits 149.84 Meters, Triggers 2026 Second Flood Alert on August 1

According to China's Ministry of Water Resources, the water level at Mayi River, a tributary of the Songhua River in Heilongjiang Province, reached 149.84 meters at 1 AM on August 1, exceeding the warning threshold by 0.02 meters. The event has been officially designated as the second flood of Mayi River in 2026 under the national flood classification standards.
00:24

USD/KRW Surges to 1,435.50 Won on August 1, Up 11.50 Won Following U.S.-Japan-Korea Coordinated Intervention

According to Yonhapinfomax, the USD/KRW exchange rate rose to 1,435.50 won on August 1, up 11.50 won from the previous close of 1,424.00 won, following coordinated intervention by U.S., Japanese, and South Korean authorities in forex markets. The Bank of Japan held its benchmark interest rate at 1.0% as expected, while downwardly revising its 2026 CPI inflation forecast to 2.5% from 2.8%. Meanwhile, U.S. Treasury confirmed it maintains strong coordination with Japanese authorities on forex opera
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00:22

Amazon Receives $600M in Tariff Refunds, Pledges to Return Portion to Consumers

According to CFO Brian Olsavsky on Amazon's Q2 2026 earnings call, the company received approximately $600 million in tariff refunds from the U.S. government. Amazon identified transactions traceable to consumers' import costs and committed to automatically refund those customers after receiving the related payments. For refunds that cannot be directly attributed to specific transactions, the company said it will reinvest proceeds into low-price strategies to reduce shopping costs, following pra
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