Gate Crypto Flash News and Market Updates

According to the Korea Exchange, Samsung Electro-Mechanics fell 14.58% to close at 879,000 Korean won today (July 30), falling below the 1 million won threshold that defines South Korea's premium stocks, or "emperor stocks." The decline marks a sharp reversal for the segment; just two months ago in May, the number of stocks trading above 1 million won had surged to 12. As of today's close, only four remain: Hyosung Heavy Industries (1.894 million won), Samsung Biologics (1.527 million won), SK H

According to BlockBeats, Polymarket announced today that starting August 7, it will upgrade its crypto derivatives market settlement mechanism from single-price snapshots to time-weighted average price (TWAP) to protect market integrity. The 5-minute markets will use a 30-second TWAP window, while 15-minute and 4-hour markets will use 60-second windows. To support the transition, Polymarket will distribute $1 million in liquidity incentives across all affected markets throughout August. Chainlin

According to the Federal Reserve's statement, on July 30 the Federal Open Market Committee voted 9-3 to keep the federal funds rate at 3.50%-3.75% for a fifth consecutive pause. Three officials dissented in favor of a rate hike, marking the most divided hawkish split since September 2016. The 30-year Treasury yield climbed to 5.21%-5.23%, its highest level since 2007, signaling that markets now expect rates to remain elevated beyond this meeting. Equities fell sharply: the Dow dropped 2.19%, the

According to its announcement, Kowloon Development Company Limited (HK:01997) sold Singapore's Wisma Atria commercial building on Orchard Road for SGD 11.11 billion (approximately HKD 67.33 billion). The transaction is expected to generate an unaudited profit of approximately HKD 1.007 billion. Wisma Atria is a 21-story commercial building with two basement levels, comprising office space, retail mall, and parking facilities, with a total gross floor area of approximately 43,280 square meters.

According to The Information, Taiwan Semiconductor Manufacturing Company (TSMC) will develop artificial intelligence chip packaging technology, the company announced today (July 30).

According to BeInCrypto, Magnum Ice Cream Company (EURONEXT: MICC) posted first-half core earnings above analyst expectations on July 30, with revenue reaching €4.7 billion, up from €4.5 billion a year earlier. Organic sales growth climbed 4.7% across all regions, while adjusted EBIT rose 7.5% to €716 million. Ben & Jerry's led the portfolio with 9.2% growth in the second quarter, driven by a European heatwave and new stick and sandwich formats. A productivity program launched in 2024 delivered

Xiaomi announced tonight (July 30) that its SoFing electric vehicle series will officially launch in September 2026, with pre-orders opening at 9 p.m. today.

According to founder Stani Kulechov, Aave announced it will gradually phase out 75 reserve assets with low usage rates across its platform. The removal includes 50 assets from Aave's main network and 25 from other blockchains including Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. The restructuring will affect approximately $98.1 million in reserves and $15.6 million in loan positions, with gradual implementation to minimize user impact.

According to FinanceWire, Vida Global (NYSE American: VIDA) announced on July 30 that it will pay its global workforce in Bitcoin using Voltage Credit over the Lightning Network, while maintaining all accounting in US dollars. The company will issue Bitcoin salary payments on a rolling credit basis and settle outstanding balances monthly in USD like standard vendor invoices, eliminating the need to hold cryptocurrency wallets or disclose digital assets on its balance sheet. CEO Lyle Pratt noted

According to reports from July 30, Fhenix and Canopy have formed a technical partnership to integrate fully homomorphic encryption directly into the Canopy Stack, enabling developers to build sovereign onchain applications with encrypted user data processing. The collaboration removes the need for specialized cryptography expertise, introducing a new Canopy Confidential App template powered by Fhenix's CoFHE coprocessor accessible through a TypeScript library. The integration is scheduled for re

According to Kitco News, Fed Chair Kevin Warsh said today after the FOMC held rates unchanged that market participants should focus on economic data rather than Fed guidance. "Market participants are learning to play the ball, not the referee, and market prices will continue to respond in the direction and magnitude they see fit," Warsh said during his second press conference. He emphasized the Fed's commitment to the 2% inflation target and noted that high-tech capital expenditure showed four-q

According to Foresight News, Zcash miner Fortitude has signed a final purchase agreement with Bitmain for 9,000 Antminer Z15 Pro mining rigs, designed for the Equihash algorithm, at $3,499 per unit. The total equipment investment is approximately $31.5 million, with deliveries scheduled in two batches: 3,000 units in October 2026 and 6,000 units in November 2026. The purchase is aimed at expanding Fortitude's Equihash mining capacity.

Russia's Central Bank's gold and foreign currency reserves increased to $732.1 billion as of the week ending July 24, up from $722.9 billion in the previous week.

According to Nikkei, Microsoft is considering providing internally developed open-weight AI models on July 30, while maintaining a multimodal strategy that allows customers to choose between models from OpenAI or Anthropic based on their specific needs.

According to Guru Club, Ukraine's central bank is finalizing a decision on July 30 to ease wartime foreign exchange restrictions for enterprises and individuals.

According to Guru Club, on July 30, the U.S. Dollar Index (DXY) rose modestly by 7 points to 100.70 following the release of American PCE data.

Oracle shares gained 4% in premarket trading today following the company's announcement of an expanded partnership with Google. The collaboration will integrate Google's Gemini AI model into Oracle's enterprise applications.

According to Iran's Tasnim News Agency, Iran's Islamic Revolutionary Guard Corps attacked the U.S. Air Force's Ali Salem airbase in Kuwait on July 30, destroying two drone hangars and a fuel storage facility for aircraft and military helicopters, the IRGC said in a statement.

Based on Ark Invest's daily trade disclosures, the firm rotated its crypto equity portfolio over a recent three-day period by selling shares of Bitmine Immersion Technologies, Bullish, and Block while adding to higher-conviction positions. Ark purchased approximately $43.5 million in crypto stocks, including 122,544 Coinbase shares valued at nearly $18.6 million and 169,777 Circle shares worth about $12.9 million. The purchases came as both companies declined alongside broader weakness in crypto

According to the U.S. National Highway Traffic Safety Administration (NHTSA), Amazon's autonomous vehicle subsidiary Zoox has received approval to deploy up to 5,000 robotaxis in the United States over the next two years, with a maximum of 2,500 vehicles per year. Under a temporary exemption, Zoox will operate within an enhanced regulatory framework. The company currently operates in Las Vegas and San Francisco, and has conducted testing in several other cities since completing safety self-certi