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
03:11

Moonshot AI Plans Final Pre-IPO Funding Round at $50 Billion Valuation, Possible Hong Kong IPO Within 6 Months

According to reports and insider sources, Chinese AI unicorn Moonshot AI (maker of the Kimi assistant) plans to launch pre-IPO funding negotiations in August targeting a pre-money valuation of $50 billion. The company is expected to complete an ongoing funding round (at pre-money valuation of $31.5 billion) within days and will immediately begin negotiations for an additional financing round, which could be its last private fundraising before listing on the Hong Kong stock exchange. The company
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03:09

Claude Adds Record-a-Skill Feature to Cowork, Automating Workflow Creation

According to Beating Intelligence, Anthropic has introduced a "Record a skill" feature to its office Agent Claude Cowork. Users can now demonstrate a task while verbally explaining the process, and Claude records screen activity, clicks, keyboard inputs, and audio to automatically generate reusable Skills—callable workflows that can be executed for similar tasks without manual reconfiguration. The feature is available to Pro, Max, and Team users via the Cowork plus menu on the desktop app. OpenA
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03:09

Pakistan's FIA Establishes Dedicated Cryptocurrency Investigation Unit on July 22

According to BlockBeats, Pakistan's Federal Investigation Agency (FIA) has established a dedicated cryptocurrency investigation unit under the National Command & Control Center on July 22 to combat financial crimes involving digital assets. Muhammad Athar Waheed, head of FIA's Counter-Terrorism Department, said the unit will focus on investigating money laundering and terrorist financing using cryptocurrencies, and will coordinate with Pakistan's Virtual Assets Regulatory Authority (PVARA) on en
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03:07

Top 1% Investors Net Buy Samsung Electronics 5.79% on July 22, Sell SK Hynix

According to Mirae Asset Securities, on July 22 morning, the top 1% profit-earning investors on the platform net bought Samsung Electronics (005930) most, with the stock trading at 274,000 KRW by 11 a.m., up 5.79% from the previous trading day. Semtech (222800) ranked second in net purchases. SK Hynix (000660) led net selling at 1.982 million KRW, up 7.95%, as investors took profits. The shift came after U.S. semiconductor stocks rebounded overnight, with the Nasdaq composite index up 1.29%, boo
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03:05

Gate Launchpool ANTFUN Staking Event Attracts $74M Total Stakes, GUSD Pool Offers 8.70% Annualized Yield

According to official announcement, Gate Launchpool Period 367 ANTFUN staking event runs from July 21 to August 4 (UTC+8). Users can stake USDT, GUSD, or ANTFUN to share 3,756,574 ANTFUN airdrops. Total stakes across three pools currently reach approximately $74 million, with the GUSD pool delivering 8.70% combined annual yield (4.90% base plus 3.80% GUSD minting reward), while the USDT pool offers 5.80% APY and the ANTFUN pool reaches 176.82% APR.
03:03

FlashTrade Discovers $98,000 Unauthorized Withdrawal on July 22, Team to Cover Loss

According to an official statement, Solana perpetual protocol FlashTrade discovered an unauthorized $98,000 withdrawal on July 22 and suspended trading, deposits, and withdrawals. Trading has since resumed while deposits and withdrawals remain paused for approximately 24 hours to complete fund reconciliation. FlashTrade emphasized that user funds are safe and the team will cover the full $98,000 loss with no impact to users. The team is awaiting MagicBlock to complete a risk disclosure and relea
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03:02

Whale Address Establishes 181.3 BTC Long Position with 40x Leverage, Worth $12.04 Million

According to Hyperinsight, a newly-activated whale address established a 181.3 BTC long position with 40x leverage overnight, worth approximately $12.04 million. The address received around $464,000 from three sources yesterday evening, swapped UBTC to USDC, and deployed the funds into BTC futures. It purchased BTC at an average price of $66,411.6, with a liquidation price of $64,580.7. As of reporting, the position showed a loss of approximately $13,000, or -4.3% returns.
03:01

Dimon Expresses Doubt on AI Investment Returns, But Endorses SpaceX's Space Data Center Plan

According to Yahoo Finance, Jamie Dimon, CEO of JPMorgan Chase, recently expressed skepticism about whether massive current AI investments will deliver market expectations, while endorsing SpaceX's bold plan to deploy data centers in space. In an interview with Master Investor Podcast, Dimon stated that while AI may eventually generate returns similar to the internet era, it will "not produce results in the way or timeline you expect." He noted that companies may eventually control generative AI
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03:01

New Address Opens 40x Leveraged Long Position of 181.3 BTC Yesterday Evening

According to Hyperinsight monitoring, a new address received approximately $464,000 from three sources yesterday evening and entered a Bitcoin futures contract. The address initially opened a short position of 68.1 BTC, then switched directions multiple times before committing to a long position. It purchased 181.3 BTC at an average price of $66,411.6, accumulating a position value of approximately $12.026 million at current spot prices. The address is now holding a 40x leveraged long position w
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02:59

Beijing Releases Ten-Point Plan to Support Digital Economy Companies Going Global

On July 21, the Beijing Municipal Bureau of Economy and Information Technology released a package of ten policy measures to accelerate the global expansion of the city's digital economy enterprises. The policy, titled "Several Measures to Accelerate the Promotion of Digital Economy Enterprises Going Global," focuses on three key areas: expanding overseas market access channels, establishing comprehensive cross-border compliance services to reduce costs, and cultivating an international digital e
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02:58

TSMC to Raise Chip Manufacturing Prices by 5%-10% Starting 2027

According to Nikkei Asia reported yesterday (July 21), TSMC, the world's largest semiconductor foundry, plans to raise chip manufacturing prices by 5% to 10% starting 2027, citing rising production costs and overseas factory construction expenses. Price negotiations with major customers, including those on advanced 7-nanometer and below processes, concluded in June and July, with new rates taking effect in early 2027. For high-performance computing (HPC) chips exceeding customer expectations, TS
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02:56

Hong Kong Stock Market Falls 294 Points as Tech Stocks Lead Decline

Hong Kong's Hang Seng Index fell 294 points today, closing at 24,955 points, down 0.7%, after declining 10 points in the previous session. The index broke below the 25,000 level at market open and extended losses amid selling pressure in large-cap technology stocks. The Hang Seng Tech Index dropped 2.09% to 4,714 points. Major tech stocks declined, with Tencent falling 4.9% to 450.6 HKD and NetEase dropping 5.5% to 196.9 HKD.
02:55

Gabia Launches Public Tender at 48,000 KRW Per Share to Delist on July 22

According to Herald Economics, Gabia, a cloud and IT infrastructure company, launched a public tender offer with Macquarie Asset Management on July 22 to delist and resolve its dual listing structure. The offer price is set at 48,000 Korean won per share, with the tender period running from July 21 to September 17. Macquarie will acquire a 24.4% stake from Kim Hong-gook, Gabia's co-CEO, and purchase additional shares from minority shareholders to take the company private. However, activist inves
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02:53

KOSPI Surges Over 6%, Triggers Sidecar Mechanism as Semiconductor Stocks Rally Across Asia and US

According to BlockBeats, on July 22, South Korea's KOSPI index rose over 6% during trading, triggering the Sidecar mechanism that halted program trading. SK Hynix surged over 9% and Samsung Electronics rose over 6%, leading the semiconductor rally. Japan's Nikkei 225 index climbed 1.7%, with chip stocks leading gains including Kioxia up over 8% and Rohm Semiconductor up over 4%. Overnight, the U.S. Philadelphia Semiconductor index (Philadelphia's benchmark semiconductor index) closed up 5.21%, w
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