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
09:21

Address Opens $2.155M CXMT TWAP Short Position, Second-Largest on Hyperliquid

According to ChainCatcher and on-chain analyst Ai Yi, an address opened a $2.155 million TWAP short position in CXMT on Hyperliquid on July 19. The position involves 300,000 CXMT tokens at an average entry price of $7.1825 per token and has executed 1.14% of the total order. The account's margin balance is $15 million, and if fully executed, this position would become the second-largest CXMT holdings on the platform.
09:19

SK Hynix Confirms ADR 25% Registration as Reserve; Actual Conversion Limited to 2.5%

According to the financial investment industry on July 19, SK Hynix confirmed that the 25% (1.779 billion shares) ADR deposit limit registered with the SEC represents contingency reserves rather than an actual conversion capacity threshold. Actual conversion of domestic shares to ADR beyond 2.5% would require additional listing procedures, similar to TSMC's multi-year approval process involving board authorization and regulatory oversight. Hynix ADR closed at $154.03 on July 17, maintaining a 24
More
09:13

Major AI and Chip Stocks to Report Q2 Earnings Next Week Amid High Valuation Expectations

According to LSEG IBES data, Alphabet, Intel, Texas Instruments, and Tesla will report Q2 earnings next week (starting July 22), with markets expecting S&P 500 companies to post earnings growth of about 26% year-over-year. Alphabet's capital expenditure guidance for AI infrastructure and Intel's chip business performance will be key metrics for assessing industry momentum. However, analysts note the core challenge is that growth expectations are already priced in at elevated levels; semiconducto
More
09:11

U.S.-Saudi Nuclear Draft Disclosed on July 18, Allowing Material Transfer Without Non-Proliferation Safeguards

According to U.S. media reports disclosed on July 18, a draft nuclear agreement between the United States and Saudi Arabia allows Washington to transfer nuclear materials and technology to Riyadh's civilian nuclear projects without requiring the kingdom to implement comprehensive non-proliferation measures. The disclosure has sparked criticism over Washington's contrasting approach to nuclear issues. While the U.S. has pursued military operations against Iran over concerns about its nuclear prog
More
09:09

Grok Build CLI Has Multiple Security Risks in Data Upload and Permissions, Slow Mist Warns on July 18

According to a security audit by Slow Mist published on July 18, Grok Build CLI contains multiple security vulnerabilities. The team found that the repository upload mechanism could transmit sensitive files such as .env files and RSA private keys via git bundle. Additionally, the cargo check command was incorrectly classified as a safe operation, which when combined with malicious AGENTS.md directives can trigger build.rs execution and enable remote code execution. The bypassPermissions paramete
More
09:08

29 Countries Sign World AI Cooperation Organization Charter on July 19

According to Xinhua News Agency, 29 countries from Asia, Africa, Latin America, and Europe signed the founding charter of the World Artificial Intelligence Cooperation Organization in Shanghai on July 19. The organization will focus on three key areas: strengthening AI capacity building through policy exchanges, technical cooperation, and joint research to enhance developing nations' access to AI technologies and services; establishing supply-demand matching platforms to promote resource integra
More
09:05

SK Hynix ADR Lists on Nasdaq at $168.01, Up 12.76% from IPO Price on July 18

According to Hyundai Car Securities, SK Hynix ADR successfully listed on Nasdaq yesterday (July 18) at $168.01, representing a 12.76% gain from its IPO price. The ADR has maintained an upward trend following its debut, with analysts noting that widening price premiums between the ADR and domestic shares could create opportunities for foreign investors to accumulate the underlying stock.
09:01

South Korean Retirement Fund Investors See Divergent Semiconductor ETF Returns Based on Entry Timing, July 19

According to Seoul Economyaily on July 19, South Korean retirement fund account holders investing in domestic semiconductor ETFs experienced drastically different returns depending on when they entered the market, as major chip stocks faced sharp corrections in recent weeks. Investors who bought KODEX Semiconductor in late March achieved a 52% return as of July 16, while those who purchased in April, May, and June recorded returns of 6.7%, -17.8%, and -23.7% respectively. Similarly, the TIGER Se
More
09:01

South Korea's Ultra-Concentrated ETF Market Surges; SOL AI Semiconductor TOP2 Plus Hits 5.787 Trillion Won

According to Samsung Securities, as of July 13, South Korea's ETF market is experiencing a surge in concentrated investment products that focus on fewer holdings and larger positions in leading companies. Ultra-concentrated ETFs, which hold only one or two core companies in sectors like semiconductors, robotics, and tech rather than 30-50 stocks like traditional ETFs, are seeing rapid growth in demand. SOL AI Semiconductor TOP2 Plus ETF reached 5.787 trillion Korean won in assets under managemen
More
08:55

Retail Investors Pour 7.3 Trillion Won Into Samsung, SK Hynix Leveraged ETFs as Stocks Tumble Over 19%

According to the Korean Exchange and ETF CHECK, retail investors poured 7.34 trillion won into Samsung Electronics and SK Hynix single-stock leveraged exchange-traded funds (ETFs) between June 16 and July 15, despite significant declines in the underlying stocks. During the same period, SK Hynix shares fell 19.49% and Samsung Electronics fell 24.33%. The KODEX SK Hynix Single-Stock Leveraged ETF attracted the largest inflow at 3.45 trillion won, followed by KODEX Samsung Electronics at 1.51 tril
More
08:53

Amorepacific to Divest Anseong Functional Food Plant Producing 200B KRW Annually

According to 자본시장 나침반 '시그널' on July 19, Amorepacific is divesting its Anseong plant in Gyeonggi province, which has annual production capacity of approximately 200 billion Korean won for health functional food products. The sale aligns with the company's capital efficiency and mid-to-long-term business restructuring strategy, according to investment banking sources.
08:53

South Korea Rejects Forced Delisting of Leveraged ETFs, Implements Margin and Trading Unit Controls

According to KBS, South Korea's presidential policy office chief Kim Yong-beom rejected forced delisting of leveraged single-stock ETFs on July 19, citing deep investor participation and over 10 trillion Korean won in product scale. He noted that mandatory delisting would cause significant market disruption and force absorption of sell-off pressure. Kim confirmed that recent regulatory measures—including raising margin requirements to 30 million Korean won in cash and setting a minimum 20-share
More
08:46

Trump Media Launches Truth API, Charging Wall Street Up to $100K Monthly for Early Access to Trump Posts

According to sources, Trump Media & Technology Group (TMTG) announced Thursday the launch of Truth API, a paid data service charging Wall Street traders and investment institutions up to $100,000 per month for accelerated access to posts from Trump and nine other influential Truth Social accounts. The company offered a discounted rate of $60,000 monthly for three-year contracts. Multiple Wall Street executives told Reuters the service will likely attract subscribers, as even millisecond advantag
More
08:45

SK Hynix Falls 43% Over Past Month as Semiconductor Sector Eyes Chipmaker Earnings

According to Hana Securities, SK Hynix shares fell 43% over the past month as the semiconductor sector grapples with recent volatility. However, conditions for a potential rebound are emerging, driven by rising memory prices and expanding AI investments. U.S. tech giants' earnings reports due at month-end are expected to be a key driver for semiconductor stock direction.
08:42

29 Nations Sign Agreement to Establish World AI Cooperation Organization on July 16

According to CCTV, 29 countries from Asia, Africa, Latin America, and Europe signed an agreement on July 16 to establish the World AI Cooperation Organization, becoming founding members. The organization will focus on three areas: strengthening international cooperation in AI capacity building through policy exchanges and technical collaboration; creating practical cooperation outcomes by leveraging supply-demand matching platforms and promoting AI-plus initiatives; and advancing fair global AI
More
08:41

Moonshot AI Prepares Hong Kong IPO Within 6 Months, Launches Kimi K3 Model With 2.8 Trillion Parameters

According to Xinhua Finance, Moonshot AI notified investors on July 18 of plans to restructure and prepare for a Hong Kong IPO, potentially completing the listing within six months. The company also unveiled its Kimi K3 model overnight on July 17, featuring 2.8 trillion parameters, one million token context window, and native multimodal capabilities, marking the largest open-source model globally by parameter count.
08:31

SK Hynix ADR Added to 11 Korean ETFs as Nasdaq-Listed Stock Trades at 25% Premium

According to South Korea's financial investment industry, 11 Korean active exchange-traded funds added SK Hynix American depositary receipts (ADR) to their portfolios on July 19, with the stock closing at $154.03 and trading at approximately 25% premium to the domestic shares. The rapid inflows reflect a lifting of investment constraints for overseas-focused ETFs, which previously faced restrictions on holding non-U.S. exchange-listed stocks. The premium has compressed from an initial peak of 51
More