Gate Crypto Flash News and Market Updates

According to the Atlanta Federal Reserve's GDP Now model, on July 28 (local time), the bank trimmed its Q2 2026 real GDP growth estimate to 1.5% annualized quarterly rate, down 0.1 percentage point from 1.6% a day earlier. The latest revision reflects newly released economic data, with inventory contribution to growth declining from negative 0.28% to negative 0.45%, corporate investment contribution easing slightly from 1.16% to 1.13%, and net exports contribution improving from negative 1.35% t

According to local police, on July 28, a shopping mall in Kasuga, Kumamoto Prefecture collapsed following a strong earthquake, with 2 confirmed dead. The mall also experienced an explosion that same afternoon. As of the early morning of July 29, 8 people had been rescued from the building, including 2 women in their 20s confirmed dead and 1 person in cardiac arrest. Five others sustained injuries but were not in life-threatening condition, according to the Kumamoto Prefecture government.

According to News1, on July 29, SK Hynix is scheduled to announce its second-quarter financial results and hold an earnings call as investors await signals on long-term agreements (LTA) and shareholder returns. The stock closed at 1.55 million Korean won on July 28, down 46.9% from its July 22 peak of 2.919 million won amid concerns over hyperscalers' sustained AI investment commitments and competition from Chinese CXMT's recent listing. Consensus estimates put Q2 operating profit at approximate

According to Korea Exchange, Samsung Electronics and SK Hynix are set to announce second quarter 2026 earnings today (July 28), in a report expected to clarify near-term sentiment in South Korean semiconductor stocks. Semiconductor shares have accounted for approximately 80% of recent KOSPI declines, with investor focus now centered on the companies' AI memory chip performance and guidance.

On July 28, Zcash activated the Ironwood upgrade at block height 3,428,143, sealing its Orchard shielded pool to new payments and forcing migration of approximately 3.6 million ZEC worth roughly $1.8 billion. The NU6.3 hard fork introduced a separate Ironwood pool with a new transaction format and accounting checkpoint designed to contain potential risks from a critical cryptographic flaw discovered in Orchard in May. While no evidence of exploitation has been detected, Orchard's privacy design

According to the Panama Canal Authority, on Tuesday, a vessel paid $3.7 million in an auction to secure faster passage through the canal. The authority said the result reflected "demand for canal transit capacity at specific time windows." The authority declined to disclose the vessel's name or other transaction details. A previous record high was set in April when a liquefied petroleum gas carrier paid $4 million for similar priority booking.

On Tuesday, July 28, spot gold fell 1.17% to $4,028.70 per ounce during New York afternoon trading, trading between $4,083.01 and $4,011.82 throughout the session. COMEX gold futures declined 1.11% to $4,090.40 per ounce. Spot silver fell 2.12% to $57.1299 per ounce, while platinum and palladium also declined 1.12% and 2.16% respectively.

According to market sources, Nvidia's first GB300 AI GPU wafers using the Blackwell architecture recently completed wafer production at TSMC's Arizona Fab 21 facility using a 4-nanometer process. This marks the first batch of GB300 AI chips manufactured on U.S. soil, demonstrating America's capability to produce advanced AI GPUs. However, the wafers remain at the fabrication stage. Since the U.S. lacks advanced CoWoS (Chip-on-Wafer-on-Substrate) packaging capacity, the wafers must be airshipped

According to Anthropic on July 28, its Claude Mythos Preview model discovered previously unknown attacks on HAWK, a post-quantum digital signature scheme competing for U.S. federal standard status. The breakthrough reduced the cost of stealing HAWK's smallest key from 2^64 operations to 2^38—roughly 67 million times less computational work. Claude also accelerated attacks on a 7-round version of AES by 200 to 800 times, surpassing the previous record set by cryptographers in 2013. Each discovery

According to Yonhapinfomax, on July 28, South Korean President Lee Jae-myung and Brazilian officials held a business roundtable in São Paulo, signing seven cooperation memoranda covering advanced industries including artificial intelligence, semiconductors, automobiles, shipbuilding, and batteries. The collaboration framework extends to critical mineral supply chains—from exploration and mining through refining and recycling—as well as joint development of next-generation commercial aircraft and

According to the Conference Board, on July 28, the U.S. labor market differential index fell to 3.1 percentage points in July, marking its lowest level since February 2021. The index, which measures the gap between respondents saying jobs are plentiful and those reporting difficulty finding employment, has declined for three consecutive months. The share of consumers finding jobs plentiful dropped to 24.6%, while 21.5% reported jobs are hard to find. Economists note the softening reflects mounti

According to Bitcoin Treasuries.NET, SharpLink SBET received 420 ETH in staking rewards this week and currently holds a total of 888,521 ETH, making it the second-largest ETH treasury company globally.

According to the American Petroleum Institute (API), U.S. heating oil inventories fell by 125,000 barrels for the week ending July 24, compared to a previous week build of 495,000 barrels.

According to API, U.S. gasoline imports surged to 297,000 barrels per day for the week ending July 24, compared to 43,000 bpd in the prior week.

According to the American Petroleum Institute (API), U.S. crude oil inventories at Cushing fell 273,000 barrels for the week through July 24, compared with a decrease of 737,000 barrels in the prior week.

According to API data, U.S. refining crude oil inventories for the week ending July 24 fell to 355,000 barrels, significantly below the forecasted 648,000 barrels and the prior week's 1.759 million barrels.

According to API data, U.S. gasoline inventories reached 918,000 barrels for the week ending July 24, beating expectations of a 1.204 million barrel decline.

According to Yonhapnews, on July 28, South Korea's President Lee Jae-myung emphasized three concrete cooperation areas with Brazil during a business roundtable in São Paulo. The president highlighted next-generation commercial aircraft development, critical mineral supply chain collaboration, and K-beauty as priority sectors. Lee noted that combining South Korea's advanced manufacturing capabilities with Brazil's abundant resources—including lithium, nickel, and iron ore—could position both nati

According to the API, U.S. crude oil inventories fell 3.296 million barrels for the week ended July 24, significantly exceeding the expected decline of 1.35 million barrels and reversing the prior week's increase of 2.603 million barrels.