Gate Crypto Flash News and Market Updates

According to Yonhap Infomax, overnight as of July 30, 1:07 AM KST, USD/KRW declined sharply to 1,447.70 won from 1,462.50 won at the previous Seoul session close, even as WTI crude futures surged nearly 7% following escalating U.S.-Iran tensions. U.S. President Donald Trump threatened Iran in a Fox News interview, stating "we will obliterate them," referring to an Iranian attack on a Jordanian U.S. military base. Iranian media reported that 4–6 Islamic Revolutionary Guard Corps military advisors

According to Onchain Lens, Hyperliquid generated approximately $2.07 million in protocol fees over the past 24 hours on July 30, burning 21,080 HYPE tokens worth approximately $1.16 million. To date, Hyperliquid has cumulatively burned 46.1 million HYPE, valued at approximately $2.54 billion, representing 4.61% of the maximum 1 billion token supply.

On July 28, U.S. District Judge Robert Kirsch ruled that investors in Novo Nordisk have sufficiently proven executives made false statements about the tolerability of experimental weight-loss drug CagriSema, meeting the required standard of intent or recklessness for securities fraud claims. The judge determined that investor allegations against executive Martin Holst Lange, who frequently appeared as a clinical trial expert, are sufficient to proceed, given that trial results were material to t

According to Christopher Hodge, an economist at French export credit bank Natixis, latest inflation and labor market data provided the Federal Reserve with breathing room to wait for clearer signals without harming credibility. Hodge noted that rate hikes would only complicate the Fed's reaction mechanism and risk sending an overly hawkish signal. The bank expects the Fed will continue monitoring inflation closely while acknowledging that recent moderate inflation data may suggest the current po

According to BlockBeats, a school district in Salamanca, New York halted its plan to introduce Sally, an AI humanoid robot teacher developed by Realbotix, on July 30. The robot, priced at approximately $60,000 per unit, was initially set to serve as a classroom teaching assistant. The suspension followed concerns over student data privacy and escalated after parents discovered that Realbotix also manufactures intimate companion robots, intensifying the controversy. The local teachers union also

Stablecoin supply fell $7.7 billion in June, the largest monthly decline since Terra's collapse in 2022, with USDT dropping $5.5 billion to $184 billion and USDC declining $4.86 billion to $72.41 billion as of July 29. However, adjusted transaction volume surged to a record $1.83 trillion in June, up 60% from May, as faster payment velocity offset the shrinking supply. Capital appears to have migrated into tokenized Treasury products, which now exceed $16 billion and offer yields unavailable on

According to Ars Technica, xAI filed a lawsuit earlier this month against users allegedly circumventing Grok's safeguards to generate child sexual abuse material (CSAM), citing its enforcement action as evidence it is already protecting against harmful outputs. Minnesota's CSAM law, set to take effect August 1, threatens companies like xAI with fines of up to $500,000 for each harmful output discovered in the state. In a court filing Monday, xAI argued the penalty structure is excessive, particu

According to BlockBeats, on July 30, three of the five regional Federal Reserve presidents voting in the Federal Open Market Committee cast dissenting votes, namely Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari, and Dallas Fed President Lorie Logan. All three advocated for a 25 basis-point rate hike. This marks the first time since September 2016 that the Fed has recorded three dissenting votes in the same direction during a single policy decision, reflecting stre

According to Citadel Securities, ahead of today's Federal Reserve interest rate decision, the $67 billion asset manager predicts a surprise 25 basis point rate hike, contradicting market consensus. Frank Flight, Head of Macro Strategy at Citadel, told Coindesk that Fed Chair Kevin Warsh may hike rates to signal commitment to inflation control. CME FedWatchTool data shows a 68.5% probability of unchanged rates and 31.5% probability of a 25bp increase.

According to BlockBeats, on July 30 following the Federal Reserve's interest rate decision announcement, crypto markets rebounded sharply. Bitcoin rose 0.7% while Ethereum gained 1.15% in the hours after the decision. U.S. equities showed mixed performance: the Dow Jones fell 1.09%, the S&P 500 slipped 0.15%, but the Nasdaq turned positive. Spot gold rallied $20 to $4,064 per troy ounce, while the U.S. Dollar Index (DXY) declined 27 points to 101.1.

According to Gate data, following the Federal Reserve rate decision on July 29, the three major U.S. stock indices narrowed losses. The Dow Jones Industrial Average fell 1.09%, the S&P 500 declined 0.15%, while the Nasdaq Composite turned positive.

According to Bitcoin.com News, Moonpay launched PayBox today (July 29), an AI payment vault connecting to Claude and ChatGPT. Users type payment requests in plain language—such as moving $100 into PYUSD or swapping tokens for SOL—and the AI prepares the transaction. A human approves it with a passkey before funds move. The vault uses Sodot infrastructure, which secures over $50 billion in assets across Moonpay's backend. Wallet keys are split using multiparty computation and held in secure hardw

The U.S. 2-year Treasury yield fell 7 basis points intraday, hitting a low of 4.25%, and is currently trading at 4.32%.

According to Jin10, the Federal Reserve's latest FOMC statement indicated that the unemployment rate remained largely unchanged. The statement provided no significant revision to prior employment assessments.

According to CNBC, OpenAI CEO Sam Altman will meet with Susie Wiles, the White House chief of staff, while in Washington, D.C. this week to discuss the Trump administration's proposed framework for implementing the president's executive order on artificial intelligence. The federal agencies have a deadline of August 1 to finalize the framework for AI model evaluations. Altman is meeting with multiple senior Trump administration officials, lawmakers and economists this week. On Wednesday, Senator

According to the Federal Reserve's latest FOMC statement released today, the central bank reaffirmed that inflation remains elevated, attributing the persistence partly to ongoing shocks.

According to BlockBeats, the Federal Reserve held its benchmark interest rate at 3.50%-3.75% on July 30, marking the fifth consecutive meeting without rate changes.

The U.S. reserve balance rate remained at 3.65% as of July 30, matching both market expectations and the prior level.

According to Fox Business, Senator Lummis criticized the latest proposal from Senator Cortez Masto and law enforcement groups, stating it was not a product of any agreement with him and fails to adequately protect software developers. The proposal will remove the Lummis-Grassley Amendment, which specifies that developers can face criminal liability only if they have specific intent to facilitate money laundering. Lummis said the current state of affairs is untenable but acknowledged that law enf

In June 2025, Federal Judge William Alsup ruled that Anthropic's practice of destroying millions of used books after scanning them for AI training was legal under the first-sale doctrine. Anthropic purchased physical copies, converted them to digital PDFs, and destroyed the originals to maintain only one copy rather than two. On July 20, 2026, a judge approved a $1.5 billion settlement related to pirated materials Anthropic used, equivalent to roughly $3,000 per book. Anthropic must delete the p