Gate Crypto Flash News and Market Updates

According to SK Hynix's official statement on July 22, the South Korean chipmaker denied media reports from July 21 claiming it would acquire Intel's Ohio semiconductor facility. Intel also clarified it has no plans to sell its chip manufacturing plants. Under U.S. political pressure, SK Hynix announced plans to invest approximately $3.87 billion in Indiana to build an HBM (high-bandwidth memory) packaging and testing facility, targeting production start in 2028. The move came after U.S. Commerc

According to Reuters, Meta CEO Mark Zuckerberg expressed frustration in a recent internal meeting that his teams are moving too slowly on AI work despite spending set to reach $145 billion by 2026. Following 8,000 layoffs and reassignment of 7,000 employees to an "Agent Transformation" group, Zuckerberg told staff he expects tangible progress within 3 to 6 months as Meta races to develop AI agents amid intensifying competition from OpenAI, Google, and Microsoft.

According to a CNBC interview on July 21, Coinbase CEO Brian Armstrong stated that if the U.S. Clarity Act fails to pass, the company will pursue operations in overseas jurisdictions with clear crypto regulations while continuing business in the U.S. Armstrong noted the bill has reached its final legislative stage and represents a bipartisan compromise, strengthening law enforcement authority and introducing new consumer protections. However, he emphasized that federal-level clarity is essential

According to Korea Securities Depository data released on July 22, South Korean retail investors are increasingly turning to U.S. equities to escape extreme volatility in the domestic market. The KOSPI index, which reached 9,000, has swung sharply between rallies and declines, dropping 27% within a month.

According to Foresight News, Garrett Hughes, former head of engineering at Dune, has joined Phantom as head of engineering. Hughes served as Dune's engineering lead from June 2023 to June 2026, overseeing the development of applications, APIs, and growth engineering initiatives.

According to Beating, a monitoring platform, Block has launched Buzz, an open-source collaboration platform designed for teams and AI agents. The platform integrates team chat and code collaboration features, allowing agents to join as team members with their own identities and permissions. Buzz is built on the Nostr protocol and supports self-deployment or Block's hosted version under Apache 2.0 license. The platform currently offers macOS, Windows, and Linux clients, though it remains in early

On July 22, PwC China announced the establishment of an Artificial Intelligence Research Institute and released its first core research output, the 2026 Smart Robot Industry Development Whitepaper. The whitepaper argues that humanoid robots derive value from scenario-specific applications rather than replacing other robot forms. Over the next three to four years, a single humanoid form cannot meet all operational requirements, and over-investment may lead to misallocation of resources and irrati

According to a Franklin Templeton report cited by Jin10, the European Central Bank is expected to raise rates for the last time in September, then hold steady to assess the impact of recent tightening measures. David Zahn, head of European fixed income at Franklin Templeton, noted that inflation is projected to remain above the ECB's 2% target for several quarters ahead. The firm anticipates the ECB will begin easing policy in 2027. However, Zahn added that geopolitical tensions could alter this

Taiwan's Weighted Stock Index closed 1.3% higher today at 44,825.78 points.

According to the Sapporo Regional Meteorological Bureau, Japan's Tokachi volcano in Hokkaido erupted on July 22 at 11:07 AM local time, ejecting a black volcanic ash column reaching approximately 200 meters high. This marks the volcano's first eruption since 2004. The eruption was accompanied by approximately 45 seconds of volcanic tremors and an air shock wave, known as air vibration, observed at the 62-2 crater on the Daisetsuzan volcanic system.

According to market predictions, Mirae Asset Securities posted record earnings in Q2 2026 amid SpaceX stock price gains but is expected to face significant losses in Q3 as the stock declines. The brokerage's quarterly results are projected to swing between profit and loss depending on valuation changes in its SpaceX holdings, accumulated from investments of approximately 400 billion Korean won by Mirae Asset Group between 2022 and 2023.

According to Financial News, the Korea REIT Association on July 22 submitted recommendations to the Financial Services Commission and Korea Exchange requesting that listed REITs be exempted from short-selling regulations or subject to differentiated rules. The association manages 23 listed REITs with a combined market capitalization of approximately 8.3 trillion won. The association contends that short-selling is disproportionately concentrated in the relatively illiquid REIT market, distorting

According to Bitget, Hong Kong large language model stocks declined today, with MINIMAX-W (00100.HK) falling over 10% and Zhipu (02513.HK) dropping over 5%.

According to Guru Club, Indonesia's benchmark stock index fell 4.2% to 5,688.574 points on June 4, marking its lowest level since December 2020.

According to Gate data, South Korea's KOSPI index pared intraday gains on July 22, with the benchmark closing at 6,952.26 points—up 3% for the day. SK Hynix surged 13.75%, while Samsung gained 3.86%.

According to BlockBeats, Hong Kong AI stocks declined on July 22, with MINIMAX-W (00100.HK) falling over 9% and Zhipu (02513.HK) declining over 3%, based on Bitget market data.

According to Yonhapnews, South Korea's long-term government bond yields surged to historic highs on July 21-22, with 20-year bonds reaching their highest level since May 2011 and 30-year and 50-year bonds setting all-time records. The 20-year yield rose 2.9 basis points, while 30-year and 50-year yields climbed 4.4 and 4.0 basis points, respectively. In contrast, short-term 2-year and 3-year bond yields fell 3.7 and 2.8 basis points to 3.692% and 3.867%, supported by capital inflows from SK Hyni

According to the commander of Kyiv's drone forces, Ukrainian unmanned aerial vehicles struck 13 Russian military vessels in the Black Sea and Sea of Azov over the past 48 hours.

According to CNBC, TSMC announced a $100 billion investment into advanced semiconductor manufacturing and packaging facilities in the U.S. last week, bringing total commitments to the country to $200 billion since President Donald Trump returned to power in 2025. However, the aggressive U.S. expansion is increasing production costs and squeezing the world's leading chipmaker's profit margins. TSMC's CFO Wendell Huang said on an earnings call that gross margin gains in the second quarter were off

According to Financial News, South Korea's KOSPI index surged 143.5% from 2,770.84 on June 4 last year to 6,747.95 on July 21, reflecting government policy focus and retail investor enthusiasm. The benchmark reached 9,385.59 intraday on June 19, representing a 3.4x gain from the post-election low. Political figures have publicly backed higher targets, with Democratic Party officials expressing hopes for KOSPI 10,000. Retail investors drove market activity, posting net purchases of 108.2 trillion