Gate Crypto Flash News and Market Updates

According to the Russian Defense Ministry, on August 3, the Northern Fleet conducted multi-service military exercises in the Barents Sea and fired multiple cruise missiles, destroying sea targets during the drills.

According to sources, Russia's Lukoil Volgograd refinery suspended operations on July 31 following a drone attack.

According to Forbes, cybersecurity company Horizon3 completed a $250 million Series E funding round led by NightDragon and NEA, valuing the company at over $2 billion. The round was oversubscribed. The San Francisco-based firm has achieved 120% annual recurring revenue growth and serves over 6,500 customers, including the U.S. National Security Agency, Cybersecurity and Infrastructure Security Agency, and four Fortune 10 enterprises.

According to Forbes, Siemens' latest Infrastructure Transformation Monitoring report reveals that artificial intelligence and digital infrastructure are becoming core tools for commercial real estate portfolio management amid rising operational costs and stricter ESG compliance requirements. The report found 52% of commercial real estate leaders expect digital technology to drive significant productivity gains, while 59% anticipate AI will reshape building operations within three years through p

According to Xinhua News Agency, the groundbreaking ceremony for China's aid-funded National Surgical Center project was held in Maputo, Mozambique on August 3. Mozambique President Chapo attended the ceremony and said the project will become an important milestone in public health cooperation between the two countries.

According to MSX.COM, SpaceX stock rose 3.2% to $111.95 today (August 3).

According to Mehri News Agency, Pakistan's Interior Minister plans to visit Iran in the coming one to two days, sources said.

According to MSX.COM data, the Philadelphia Semiconductor Index reversed earlier losses to close up 0.02% today at 11,313.7 points, after dropping 3% earlier in the session. Nvidia rose 2.66%, SanDisk climbed 3.6%, Advanced Micro Devices gained 0.73%, and ASML increased 0.6%.

According to Glassnode's market report in Week 32, Bitcoin fell to around $62,600, retreating from the $65,000 level after failing to sustain a break above $66,000. Spot demand has weakened with reduced trading activity, while derivative markets show defensive sentiment. However, the market remains supported by resilient long-term holders, ETF inflows, and increased on-chain activity. Long-term holder confidence remains strong with supply ratios near historical lows, while Glassnode noted that o

According to Winward Maritime Analytics, six Saudi Arabian oil tankers are heading toward Cape of Good Hope on August 3, avoiding the Strait of Mandeb and Red Sea routes to mitigate security risks posed by Yemen's Houthi forces against Saudi-affiliated vessels.

According to ChainCatcher, Israeli cybersecurity startup Zenity has announced the completion of a $125 million Series C funding round, led by Norwest with participation from SoftBank Vision Fund 2, Hitachi Ventures, and LG Technology Ventures. The funding will be used to expand operations in Asia-Pacific and European markets. Zenity specializes in securing AI agents for enterprises through real-time behavioral monitoring that can intercept or intervene when agents deviate from objectives or pose

Eric Trump, co-founder of American Bitcoin, said at the company's earnings call that its mining costs are approximately 50% of the market price, distinguishing the firm from digital asset treasury companies (DATs). "What frustrates me is that we're being lumped in with those DATs that are stalled and have to purchase Bitcoin at fair market value," Trump said. "Our advantage is we're not buying at fair market value. Our advantage is our mining cost is roughly half the market price." American Bitc

South Korea's government announced on August 3 a new tax reform plan introducing Productive Finance Individual Savings Accounts (ISA) that offer full tax exemptions on interest and dividend income from domestic stocks and domestic stock funds. The annual contribution limit is 20 million KRW with a total cap of 200 million KRW, and investment periods extend up to 10 years in 3-year increments. Young investors aged 34 or under with annual incomes below 75 million KRW can opt for a Youth Productive

According to The Times-Picayune | The New Orleans Advocate, SpaceX is close to finalizing a deal with Louisiana to acquire approximately 130,000 acres along the northern Gulf Coast for a Starship launch facility, with an announcement expected later this month. The site, known as Pecan Island, spans an 18-mile stretch of marshland southwest of Lafayette and became available through a legal settlement resolving ExxonMobil pollution lawsuits. The agreement will include provisions for coastal restor

According to IHS Markit shipping data reported by Guru Club, 200,000 metric tons of copper rushed into the United States in July, marking the largest single-month inflow since records began. The surge reflects traders positioning ahead of potential tariff decisions on refined copper imports by the Trump administration. Additionally, approximately 110,860 metric tons of copper are stored at U.S. ports outside the London Metal Exchange warehouse system.

According to Bitget data, Nasdaq-100 components showed divergent moves during today's session, with technology and consumer stocks leading gains while semiconductor and storage sectors faced pressure. Top gainers included Meta Platforms up 5.18%, Amazon up 5.14%, and Axon Enterprise up 6.52%. On the downside, Monolithic Power Systems fell 6.45%, Marriott International dropped 5.83%, and Seagate declined 5.01%.

According to JPMorgan Chase, U.S. investment-grade credit yields reached 5.4%, the highest level since November 2023. Strategist Nathaniel Rosenbaum noted that strong credit fundamentals combined with elevated yields are attracting sustained fund inflows, with credit spreads expected to narrow further despite ongoing macroeconomic uncertainty.

According to Daishin Securities, the brokerage downgraded its KOSPI target price to 9,300 from the previous 11,500 on August 3. Despite the recent sharp decline in the index, the firm characterized the current market conditions as extreme undervaluation driven by fear and supply-demand deterioration rather than fundamental damage, recommending investors use fluctuations around the 6,000-point level as a buying opportunity.

According to ChainCatcher, software-driven mining startup Mariana Minerals completed a $310 million Series B funding round led by Khosla Ventures, with participation from Andreessen Horowitz, Breakthrough Energy Ventures, Greenoaks, BHP Ventures, and Mitsubishi Corporation. The funding brings the company's total raised to $400 million at a $1.5 billion valuation. Founded in 2024 by Turner Caldwell, a former Tesla factory design and construction team member, Mariana operates two mines: Copper One

According to Binance's official statement, the cryptocurrency exchange will delist six digital assets from spot trading on August 17, 2026, at 06:00 UTC. The delisted assets are Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), and Viction (VIC). Binance stated that the delisting follows comprehensive evaluations of its listed assets and reflects its commitment to maintaining high quality standards and enhancing user security on the platform.