Gate Crypto Flash News and Market Updates

SK Hynix forecasts that bit output shipments in the second half of 2026 will grow at a faster pace compared to the first half of the year.

According to Yonhapinfomax, the Korean won strengthened against the US dollar on July 29, with USD/KRW falling to 1,462.50 from an intraday high of 1,472.10. SK Hynix sold over $2 billion worth of dollars and month-end currency settlements by exporters provided significant selling pressure on the dollar. Easing Middle East tensions—Oman and Iran approved a Strait of Hormuz mediation proposal awaiting US President Trump's endorsement—and a stronger-than-expected decline in US crude prices (Brent

According to Politico, on July 29, Senate Republicans are seeking to advance the Clarity Act to a procedural vote before their August recess, facing significant obstacles including a tight legislative schedule, wavering GOP support, and Democratic concerns over Trump family crypto gains. The bill's fate hinges on moderate Democratic votes, though progressive Senator Elizabeth Warren warned that support would constitute compromise with special interests. The core dispute centers on ethical amendm

Samsung Electronics rose 6.02% to 233,250 Korean won on July 29, opening higher as bargain hunting followed the previous trading day's decline. The gains stood in contrast to overnight weakness in U.S. semiconductor stocks. Trading at 9:13 a.m. on the KOSPI index, Samsung was up 13,250 won from the prior session close.

According to Jin10 Futures, as of 8:30 AM Beijing time on July 29, spot platinum declined 0.06% while spot palladium fell 0.02% in early trading.

According to Onchain Lens, Multicoin Capital transferred 101,340 HYPE (approximately $5.6 million) to Coinbase today (July 29). The transfer follows the fund's receipt of 1.29 million HYPE (approximately $71.1 million) unstaked from Hyperliquid.

According to Indosat Ooredoo Hutchison's July 28 announcement, the Jakarta-listed Indonesian telecom operator reported H1 2026 revenue of 30.7 trillion rupiah ($1.69 billion), up 13.1% year-on-year, with EBITDA climbing 14% to 14.6 trillion rupiah ($803 million). Data traffic rose 19.9%, while average revenue per user increased 17.3% to 46,000 rupiah ($2.5). The company's mobile subscriber base reached 93.4 million as of June 30. Indosat's AI Cloud business generated $33 million in the first hal

According to a statement from trade.xyz on X platform, SKHYNIX marking price plummeted from $1,127.90 to $917.25 on July 27 at 23:01 UTC, based on an executed transaction relayed by multiple independent data providers. The XYZ oracle operated as designed, tracking the platform as South Korea's primary pre-market trading venue. Despite the system functioning as specified, trade.xyz acknowledged user dissatisfaction with resulting liquidations and decided to compensate losses attributed to the pri

According to Yonhapinfomax, South Korea's KOSPI index surged 3.02% to 6,205.66 on the morning of July 29, recovering above the 6,200 threshold on bargain-hunting following the previous day's sharp selloff and expectations of U.S.-Iran ceasefire negotiations. SK Hynix, which reported second-quarter operating profit of 6.05 trillion won—about 5% below market estimates—rose 4.06% to 1.613 million won as investors viewed recent price adjustments as sufficient to reflect the weaker results. Semicondu

According to ChainCatcher, Robinhood CEO Vlad Tenev disclosed that his X account was compromised last week when attackers used social engineering tactics to deceive X customer service and bypass two-factor authentication and login notifications. The hackers posted false content about meme coins before X's security team removed the posts and restored account access. Additional security measures have since been implemented.

According to Citic Securities, the U.S. AI hardware sector plunged overnight on July 27, with the Philadelphia Semiconductor Index falling 2.2%, SanDisk dropping 11%, and SK Hynix declining 7.5%. The selloff reflects market repricing of Hyperscaler capital expenditure expansion and financing risks, rather than deterioration in AI demand fundamentals. Market expectations for combined Hyperscaler capital expenditure were revised to $731.9 billion in 2026 and $950.2 billion in 2027, up 1.9% and 5.6

According to Bitcoin.com News, on July 29, 134 U.S. bank executives and industry leaders jointly urged the Senate to modify Section 10404 of the Clarity Act, which restricts interest or yield payments on stablecoins. The letter calls for stricter language to prevent companies from circumventing the ban through rewards, incentives, or other arrangements that effectively replicate stablecoin yield benefits. Bank leaders warned that if stablecoin products attract deposits through interest-like rewa

According to U.S. Central Command, U.S. and Saudi forces conducted precision strikes in Iraq on July 28 against Iranian-backed militants commanded by Iran's Islamic Revolutionary Guard Corps (IRGC). The targeted groups have previously attacked American military personnel and Saudi energy infrastructure.

According to the Monetary Authority of Singapore (MAS), on July 29 MAS and the Association of Banks in Singapore (ABS) launched the AI-Driven Cyber and Technology Risk Taskforce (ACT) to strengthen the financial sector's cyber and technology resilience against risks from frontier AI models. The taskforce includes MAS, ABS, DBS, OCBC, UOB, Singapore Exchange (SGX), Network for Electronic Transfers (NETS), and Banking Computer Services (BCS), and has been collaborating since May 2026. The group is

According to The Information, Jump Capital has raised $350 million for AI investments today (July 29).

On July 29, South Korea's KOSPI index opened with a 1.09% gain at 6,089.11, rebounding from recent weakness. The KOSDAQ index also climbed 1.11% against the previous trading session. As of 9:05 AM local time, KOSPI was trading at 6,144.98. Major semiconductor stocks led the recovery, with Samsung Electronics rising over 5% and SK Hynix advancing over 3%.

SK Hynix currently sees no signs of slowdown in artificial intelligence investment.

According to South Korean securities firms, HD Hyundai Electric's target prices were downgraded across the board on July 29, despite analysts rating the company's second-quarter results positively. Shinhan Investment & Securities cut its target price from 1.5 million Korean won to 1 million won, a 33.3% reduction, while Samsung Securities lowered its target from 1.53 million won to 1.16 million won, a 24.2% cut. All major brokerages maintained buy ratings, attributing the downgrades to declining

According to its latest financial results announcement, ASMPT's shareholders' profit for the first half of 2026 (ended June) reached 589 million HKD, up 174% year-on-year, with an interim dividend of 0.97 HKD per share declared. Sales revenue for the period stood at 8.903 billion HKD, up 42.46% year-on-year.

According to Korea's Financial Supervisory Service, battery material company Enchem completed the sale of its 11th and 13th tranches of convertible bonds on July 24, receiving only 400 million won in cash and 97,767 shares of non-listed company Wisdom as payment for the remaining 7.8 billion won proceeds. The stock transaction was facilitated by GMI Venture's Golden Value Fund 5. As of Q1 2026, Enchem held only 7.3 billion won in cash assets and reported a 24.2 billion won operating loss, with a