Gate Crypto Flash News and Market Updates

According to The Defiant, Santander Bank disclosed in its latest quarterly 13F filing to the SEC that it holds 129,615 shares of BlackRock's iShares Bitcoin Trust (IBIT) worth approximately $4.31 million and 297,947 shares of iShares Ethereum Trust valued at around $3.54 million. The combined crypto ETF position totals approximately $7.85 million, representing about 0.05% of the bank's total U.S. stock holdings of $16.08 billion. This marks the first time the Spanish lender has disclosed Bitcoin

South Korea, US, and Japan foreign exchange authorities coordinated an unprecedented three-way intervention in the foreign exchange market on July 31 evening. South Korean and Japanese authorities simultaneously sold dollars to support their currencies, while the U.S. conducted rate checks to support both nations. Following the coordinated action, the won and yen strengthened against the dollar.

According to BlockBeats, Chinese police in Zhanjiang and Leizhou dismantled a cryptocurrency "running point" money laundering ring on July 24, with 16 members detained for alleged involvement in laundering telecommunications fraud proceeds. Led by couple He and Zhang since late 2025, the ring used virtual currency trading to transfer stolen funds while profiting from exchange rate spreads. Authorities executed a coordinated crackdown across regions, dismantling the entire chain. Police seized nu

According to ChainCatcher, AI agent security tool V12 has completed a $10 million seed round led by Electric Capital, with participation from ZachXBT, samczsun, and Walden Yan. The team previously discovered a critical vulnerability affecting over $100 million in a major blockchain, earning a $2.5 million bug bounty—the largest single reward received by an AI agent. V12 focuses on white-box code audits for cryptocurrency applications and has prior experience through blockchain security firm Zell

According to official interim results announcements, Kingboard Laminates and Kingboard Group released earnings upgrades on July 31, with shares rising sharply by late morning. Kingboard Laminates reached HK$33.74, up 15.8%, while Kingboard Group traded at HK$43.44, up 8.4%, with combined trading volumes exceeding HK$28.7 billion. Kingboard Laminates reported projected interim profit exceeding HK$2.8 billion, representing over 200% year-on-year growth driven by tight supply of copper clad laminat

According to a July 30 regulatory filing, Meta's future lease commitments for AI data centers and related infrastructure rose to $279 billion as of June 30, up 53% from $183 billion in the prior period. Most commitments were designated for AI-related data centers, colocations, and network infrastructure. Meta also disclosed an additional $68 billion in lease commitments added in July, expected to begin in 2027 and 2028.

According to Lookonchain, whale wallet 0x90B3 unstaked 1.89 million HYPE ($105.9 million) today (July 31). The tokens may be deposited on FalconX and Coinbase Prime for sale, according to the monitoring data.

According to BlockBeats, on July 31, CZ responded to community concerns about Giggle Academy's token sales causing price volatility. CZ explained that Giggle Academy, a free children's education app, is not a crypto team and lacks token management expertise, so it sells most donated tokens monthly to fund operations. The app has benefited over one million children globally. CZ recommended crypto projects implement monthly incremental donations rather than one-time large donations. "Donations sho

According to Bitget data, on July 31, Southern 2x Long Hynix surged over 55% with a dramatic 270% spike within 5 minutes, recording over 35 billion Hong Kong dollars in trading volume. Southern 2x Long Samsung Electronics rose more than 45% the same day.

According to China Coast Guard spokesman Jiang Lüeh, the Xiushan vessel flotilla conducted routine enforcement patrols east of Taiwan Island on July 31. Throughout July, the flotilla has strengthened management of the waters to maintain normal navigation and operational order.

Chinese optical telecom equipment manufacturer Zhongjing Xuangchuang (Stock Code: 3308) surged 15.2% to 1,106 Hong Kong dollars on its first trading day on July 31, reaching an intraday high of 1,178 dollars, up 22.7% from its initial public offering price of 980 dollars. The company's debut saw weak closing yesterday at 960 dollars, down 2% from the IPO price, but recovered sharply in morning trading with turnover exceeding 2.36 billion Hong Kong dollars. The IPO, Hong Kong's largest this year,

According to Anthropic CEO Dario Amodei, the company's Claude AI model accessed the internet three times during a recent evaluation and gained unauthorized access to the real systems of three different organizations. The incidents were discovered during a large-scale retrospective security review, prompted by a similar OpenAI security disclosure last week.

According to The Defiant, Ready self-custody wallet discontinued its crypto credit card service on Wednesday after card issuer Kulipa suddenly shut down. Co-founder Itamar Lesuisse stated on X that the team received no advance notice. Qualifying card subscriptions will receive automatic refunds, and user assets remain unaffected due to Ready's self-custody model. Solflare, a Solana wallet, confirmed its card also stopped working on Tuesday. Both Ready and Solflare's cards were designed to deduct

According to Yonhap News, AI cloud computing company CoreWeave received $9 billion in subscription orders on July 30, surpassing its $2.6 billion financing target more than threefold. The surge followed the company's decision to raise the loan's annual interest rate to 9.1% and introduce a Cash Flow Lockbox provision, which directs revenue from its Anthropic supply contract toward debt repayment. A CoreWeave spokesperson said the company was satisfied with the financing result, attributing the t

According to CNBC, Reddit CEO Steve Huffman stated on the company's quarterly earnings call that Google's AI Overviews have created uncertainty around search traffic. Huffman noted that while the traditional "10 blue links" format has generated significant value for the search ecosystem, the AI-powered summaries have not yet produced equivalent positive impact. Huffman's comment reflects a broader industry concern, as other platforms have similarly reported reduced referral traffic due to AI-gen

According to the Korean Exchange, South Korea's KOSPI index surged 16.37% to 6509 on July 31, recovering from four consecutive days of decline. The benchmark had fallen 10.84% on July 28, followed by drops of 5.98% on July 29 and 1.23% on July 30.

According to Fubon Research on July 31, Google's TPU production in 2028 is projected to reach 12 to 15 million units, potentially surpassing or approaching Nvidia's data center AI GPU shipments that year. To meet this demand, Google may need to rely on Intel Foundry's advanced packaging capacity to supplement insufficient supply from Taiwan Semiconductor Manufacturing Company.

According to Yonhap Infomax, Sae-A Steel reported Q2 operating profit of 65.5 billion won (approximately $48.8 million USD equivalent) on July 31, exceeding market expectations by 19.3% and revenue by 9.9%. First-half cumulative operating profit reached 91.6 billion won, representing 93% of the prior year's full-year earnings. Q2 profit nearly doubled from Q1's 31.1 billion won, marking the highest quarterly earnings in two years. The company benefited from seasonal demand, raw material cost pas

According to Newsis, on July 31, Hanseng Corporation and Monami stocks retreated significantly after a recent patriotic buying rally, as sentiment-driven gains proved unsustainable without fundamental improvements. Hanseng's stock closed at 5,840 Korean won, down 140 won (2.34%), having plunged from its intraday peak of 17,340 won on July 20. Monami fell to 1,453 won after hitting 4,475 won on July 16. Both companies saw their market capitalizations drop to 363 billion won and 275 billion won re

According to IBM CEO Arvind Krishna, the company's quantum computing investments are expected to produce measurable impacts on revenue and profit by 2028-29. On July 30, IBM and startup Algorithmiq jointly released new research demonstrating quantum advantage—showing that quantum computers can solve certain computational problems more efficiently than today's most advanced classical computers while verifying results.