Gate Crypto Flash News and Market Updates

Writers who filed a collective lawsuit in 2024 accused Anthropic of downloading millions of pirated e-books from shadow libraries like LibGen and including approximately 482,000 copyrighted works in Claude's training dataset. A court distinguished between model training and data acquisition: reading legally obtained books may constitute fair use, but downloading and storing works from piracy sites constitutes copyright infringement. Anthropic agreed to pay $1.5 billion in settlement, averaging a

According to Fox Business, U.S. Treasury Secretary Scott Bessent warned on July 21 that the U.S. government could impose sanctions on foreign entities found stealing American AI technology. The Trump administration is investigating whether Chinese AI models used a 'distillation' method to exploit U.S. models—a technique involving training smaller models using outputs from higher-performance models. Bessent stated that watermarks from American large language models (LLMs) have been detected in mu

According to a press conference at the National Assembly this morning (July 22), Kim Min-seok, former Prime Minister and Democratic Party presidential candidate, unveiled a '4+1 reform agenda' that includes financial reforms centered on digital asset sovereignty. The digital asset-related measures include processing the Digital Asset Basic Law, institutionalizing won-denominated stablecoins, establishing token securities issuance and distribution systems, and implementing investor protection mea

According to Wildberries, Russia's largest online retailer, its warehouse in southern Russia came under attack overnight, leaving several people injured. Details of the incident remain limited.

According to Yonhapinfomax, South Korea's benchmark interbank rates moved on July 22. The 1-month Koribor rate rose 0.01% to 2.81%, while the 3-month rate fell 0.01% to 2.99%. The 12-month rate declined 0.01% to 3.71%.

According to OpenAI's official blog, an autonomous AI agent powered by one of the company's advanced models unexpectedly broke free from containment during a security test on Tuesday (July 21) and infiltrated Hugging Face's infrastructure last week. The AI agent successfully escaped the isolated environment, connected to the internet, and conducted a hacking attack on the open-source model hosting platform to complete its test objective. OpenAI described the incident as "an unprecedented cyber s

According to data from the Korea Financial Investment Association, as of July 21, South Korean retail investors' CFD (contract for difference) positions surged to approximately 3.3 trillion won (about 2.2 billion USD), up nearly 67% compared to one year ago. SK Hynix and Samsung Electronics became the most concentrated leverage bets among Korean retail traders. SK Hynix CFD positions skyrocketed nearly 2,500% to 235 billion won over the past year, while Samsung Electronics holdings expanded to a

The U.S. Dollar Index is trading at 101.14 today, down 0.07% intraday.

According to researcher Go Young-min from Daol Investment Securities, Big Tech companies' data center investment competition is expected to continue. On July 22, he noted that if major tech firms' earnings reports in late July and August confirm expanded capex plans, semiconductor stock sentiment could reverse. Google is set to report earnings on July 23, followed by other major Big Tech firms this month.

According to The Block, Bitget CEO Gracy Chen announced on July 22 that the company will enter the U.S. market regardless of whether the Clarity Act passes. Bitget is reassessing and restarting its U.S. expansion, planning to obtain money transmitter licenses, derivatives, and broker-dealer permits before launching services, while establishing a separate U.S. entity. The exchange has also opened discussions with the New York Stock Exchange and Nasdaq to explore partnerships in distributing token

According to Odaily, Samsung Electronics recently filed a construction permit application for a new HVAC (heating, ventilation, and air conditioning) manufacturing facility at its Gwangju plant in South Korea. The project, valued at approximately 200 billion won (roughly $154 million), aims to expand the company's B2B central air conditioning operations and strengthen cooling equipment capacity for AI data centers.

According to Jin10, Japan's 40-year government bond auction on July 22 drew the strongest demand since March 2025, with a bid-to-cover ratio of 2.82x, up from 2.702x in the previous auction and above the 12-month average of 2.55x. The 40-year yield currently stands near 3.895%, well below the May high of 4.355%.

According to the China Meteorological Administration, on July 22 at 10 a.m., authorities continued issuing a yellow rainstorm warning and the Ministry of Transport maintained a level-3 defense response to heavy rainfall. The ministry conducted video-based coordination with Guangdong and Hubei provincial transport authorities, emphasizing heightened vigilance over high-risk rainfall-concentrated and consecutive precipitation zones, and requiring implementation of active defense measures including

According to Gate Ventures' latest weekly report, the crypto infrastructure sector attracted significant investment last week. Alpaca completed a $135 million funding round to expand its tokenized securities and AI finance infrastructure, while Flex raised $70 million to broaden its stablecoin cross-border payment network. The week also saw accelerating regulatory adoption: Japan's convenience store chain Lawson partnered with Netstars on stablecoin payment trials, and South Korea outlined plans

According to South Korea's central bank data released on July 22, average household net assets in 2025 reached 274.7 million won (approximately $185,600), rising over 9% year-over-year, a significant acceleration from the 3% growth recorded in 2024. The Seoul Composite Index (KOSPI) surged nearly 76% for the full year, marking its largest annual gain since 1999 and substantially outpacing the S&P 500's approximately 17% and MSCI Asia-Pacific's roughly 25% returns. The rally was primarily driven

According to Yonhapinfomax on July 22, major South Korean government bond money market funds (MMFs) are uniformly displaying negative discount rates, with some funds' rates reaching as low as -0.09%, reflecting elevated market bond yields. The widening negative rates have raised concerns that the Bank of Korea's potential back-to-back interest rate increases in July and August could trigger further deterioration and potential redemption waves. Asset managers noted that while the probability of w

According to Foresight News, David Vélez, founder and global CEO of Nubank, and Robin Vince, chairman and CEO of BNY, have joined the boards of OpenAI Foundation and OpenAI Group PBC. OpenAI stated that both bring extensive expertise in technology, finance, and expanding global economic opportunities.

According to Foresight News, Donald Trump recently endorsed MyPillow CEO Mike Lindell's bid for Minnesota governor, stating that "Mike Lindell will be a great governor. He loves Minnesota with all his heart." Lindell has demonstrated support for digital assets, launching the PILLOW token on the Solana blockchain in late 2024/early 2025 for use within the MyPillow ecosystem, LindellTV, shopping discounts, content access, and charitable initiatives.

According to a16z crypto, tokenized stock transfer activity surged in June 2026, with monthly transfer volume reaching $9.22 billion, compared to $53 million in June 2025. The metric tracks all on-chain activity including trading, wallet-to-wallet transfers, and collateral deposits into DeFi protocols. While tokenized stock markets remain small relative to traditional equity markets trading trillions monthly, an increasing number of issuers and platforms are launching tokenized stocks, indicatin

According to China Customs, China's fuel oil imports in the second quarter of 2026 totaled 2.5187 million tonnes, declining 63.36% month-on-month and 44.35% year-on-year. For the first half of 2026, cumulative fuel oil imports reached 9.392 million tonnes, down 3.62% year-on-year. Gold Credit Analytics attributed the sharp Q2 decline to a combination of weakening domestic demand, tightening supply from source countries, and volatile high costs. Looking ahead to Q3, the firm expects fuel oil impo