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
06:33

Russian Forces Strike Kyiv, Killing 1 and Wounding 8 on July 19

According to Ukraine's State Emergency Service, Russian forces conducted large-scale strikes on Kyiv on July 19, killing 1 and wounding 8. Multiple districts in the capital came under attack, triggering fires in several residential buildings and other structures. Rescue personnel have begun emergency response and recovery operations.
06:33

Iran Launches 17th Phase of 'Lightning' Operation Against U.S. Military Bases in Kuwait on July 19

According to Iran's military, Iranian forces launched the 17th phase of the 'Lightning' operation using unmanned drones to strike U.S. military bases in Kuwait on the morning of July 19. The strikes targeted the ammunition depot at the U.S. Adair Camp and equipment and personnel storage facilities at the Ali Salem Base, with drones conducting intensive bombardments on both locations.
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06:16

Singapore's MAS Considers Cutting Fund Manager Tax Rates to 10% to Boost Competitiveness

According to the Financial Times, Singapore's Monetary Authority (MAS) on July 19 consulted with investment institutions on reducing tax rates for fund managers to maintain competitiveness and retain talent. MAS is reviewing a special incentive scheme that would lower the tax rate for participating investment groups to 10%, compared to Singapore's standard corporate tax rate of 17%, allowing firms to redirect savings to portfolio managers.
06:16

Apple Faces Consumer Lawsuit Over Hide My Email Security Flaw Affecting Millions of iCloud+ Users

According to Fox News, Apple faced a consumer lawsuit filed on July 15 in federal court over security vulnerabilities in its Hide My Email feature. The suit alleges that the feature failed to protect users' real email addresses as advertised, with testing showing that 100% of sampled alias email addresses could be compromised without special permissions. A security researcher discovered the flaw in June 2025 and reported it to Apple. Apple acknowledged the issue in July 2025, claimed to have fix
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06:15

South Korea's FSS Launches Sanctions Against Upbit Operator Dunamu Following 445 Billion Won Hack

According to Yonhap News, South Korea's Financial Supervisory Service (FSS) launched a sanctions process against Dunamu, operator of crypto exchange Upbit, on July 19. The action follows a 445 billion won (approximately $340 million USD) cyberattack on the platform. The FSS has been investigating whether the company violated the Virtual Asset User Protection Act since the incident occurred. The agency plans to notify Dunamu of a sanctions opinion, with the final disciplinary measures to be deter
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06:13

Long Shine Futures List at $7.2 Before IPO, Trading at Hyperliquid

According to Guru Club, Long Shine Technology's permanent futures contracts were launched on Hyperliquid on July 15, trading overnight before the stock's July 16 IPO on the Shanghai Stock Exchange. The contracts priced at $7.2 (approximately 52 yuan per share), compared to the IPO price of 8.66 yuan per share, implying a valuation of about 3.5 trillion yuan, roughly six times the IPO offering value of 579 billion yuan. Within 24 hours of listing, the contracts recorded trading volume of $1.32 mi
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06:09

Mizuho Downgrades Circle to Underperform, Sets $50 Target Price with 18% Downside on July 19

According to Bloomberg, Mizuho Securities analyst Dan Dolev downgraded Circle's rating from neutral to underperform on July 19, setting the lowest Wall Street target price at $50, implying approximately 18% downside from Thursday's close. The price target is significantly below the consensus analyst average of $123. Circle's stock has fallen over 75% from its IPO peak last year. Dolev cited intensified stablecoin competition, noting that over 100 fintech companies, payment networks, crypto firms
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06:05

South Korean Casino Stocks Fall as Government Raises Tourism Development Fund Contribution

According to Yugin Investment Securities, South Korean foreign-exclusive casino stocks declined recently after the government announced plans to raise the tourism promotion development fund contribution. The move cooled investor sentiment across the sector, with major casino operators' shares falling in unison. However, analysts note that favorable currency conditions and solid fundamentals may support mid-to-long-term stock gains despite near-term pressure.
06:01

Zcash Launches Zakura 1.0.0 Full Node Client With Sub-2-Minute Sync Time

According to CoinDesk, Zcash released Zakura 1.0.0, a new full node software based on a Zebra rebuild. The client supports pruning, snapshot syncing, and compatibility mode with legacy zcashd, reducing node startup time to under two minutes. Zakura is maintained by Zcash co-founder Sean Bowe and Dev Ojha and aims to establish the foundation for Zcash's expansion toward Visa and Mastercard-level transaction throughput capabilities.
06:00

Senator Warren Demands Trump Update Financial Disclosure Revealing $1.4B Crypto Income on July 16

According to Odaily, Senator Elizabeth Warren on July 16, 2026 demanded President Donald Trump issue an updated financial disclosure through July 15 covering his cryptocurrency earnings. The U.S. Office of Government Ethics released Trump's 2025 annual public financial disclosure on June 30, showing his crypto-related income reached approximately $1.4 billion, more than double his 2024 total revenue. The disclosure revealed Trump family holds 30% ownership of DT Marks Defi LLC, which includes a
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05:49

Hansung Enterprise and Monami Stocks Surge Over 3x in 15 Days on Social Media 'Support Movement'

According to Yonhapnews, on July 16, shares of Hansung Enterprise and Monami soared amid an online campaign to save the companies from delisting. Hansung Enterprise stock climbed from 4,210 Korean won on June 30 to 14,520 won, while Monami surged from 1,200 won to 3,730 won. The rally was driven by consumers purchasing the companies' products—Hansung's crab-flavored snacks and Monami's pens—after learning about their delisting risks and social contributions. During June 6-12, convenience store G
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05:41

Zcash Launches Zakura Node Targeting 50K Transactions Per Second, Ironwood Upgrade Activates July 28

According to ChainCatcher, Zcash launched Zakura full node, a pruned fast-sync fork of Zebra maintained by a team independent of the Zcash Foundation. The node aims to boost network throughput to Visa and Mastercard levels by reducing verification data and eliminating wallet performance bottlenecks as part of Zcash's scaling initiative. Zakura supports the Ironwood (NU6.3) upgrade activating on July 28, which introduces a turnstile mechanism to limit Orchard shielded pool withdrawals and control
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05:37

South Korea's Government Hints at Additional Leverage ETF Curbs on July 19, Considering Extended Rebalancing Windows

According to Kim Yong-beom, presidential chief policy secretary, South Korea's financial authorities are reviewing additional measures to reduce market impact from single-stock leverage ETFs as of July 19. Speaking on KBS's Sunday Diagnosis, Kim said the government is considering extending the current 30-minute rebalancing window to two hours and potentially using derivatives instead of cash transactions to manage the spread between net asset value and market price. The measures follow earlier s
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05:37

South Korean Won Hits 4.27% Monthly Appreciation Against Dollar, Led G20 in July

According to Korea Economic Daily, the Korean won strengthened against the U.S. dollar to 1478.5 won on July 17-18, marking its strongest level in over two months and reflecting a 4.27% appreciation for the month—the highest among Group of Twenty currencies. The surge follows SK Hynix's listing on Nasdaq through an American Depositary Receipt (ADR) offering, which raised approximately $26.5 billion and is expected to inject significant dollar flows into the market sequentially. The won's appreci
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05:36

Senator Lummis Outlines 3 Key Benefits of CLARITY Act for Crypto Developers and Investors on July 17

According to Senator Cynthia Lummis on July 17, the CLARITY Act would deliver three key outcomes: certainty for developers, protection for investors, and integrity for markets. The legislation aims to clarify the regulatory jurisdictions of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), establishing a statutory framework to replace regulation through enforcement. Lummis emphasized the proposal would strengthen consumer protections in bankruptcy
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