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
14:03

Silicon Wafer Prices Fall This Week as Downstream Demand Weakens; Top Producers' Operating Rates Hit 54%-56%

According to Jin10 Futures citing Antai Intelligence, silicon wafer prices fell this week (July 23) amid weakening downstream demand, elevated inventory levels, and cost pressures. Wafer supply remains loose as producers maintain normal output, while battery manufacturers focus on inventory liquidation with reduced purchasing intent. Key producers' operating rates stand at 54%-56% for leading enterprises and 58%-60% for vertically integrated companies. In the near term, the market is expected to
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14:02

Circle and Kakao Group Sign MoU to Explore Korean Won Stablecoin on July 23

According to Circle's announcement on July 23, Circle and Kakao Group signed a memorandum of understanding to explore blockchain-based payment infrastructure, digital asset technologies, and the potential development of a Korean won-backed stablecoin. The collaboration will assess opportunities for USDC integration across payments, merchant settlements, cross-border remittances, and interoperability between blockchain networks and traditional financial systems. The partnership combines Circle's
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14:01

Goldman Sachs CEO Backs CLARITY Act, Calls for Fair Crypto Regulatory Framework

According to Odaily, Goldman Sachs Chief Executive Officer David Solomon expressed support for the CLARITY Act on July 23, stating that while not perfect, the legislation would establish a clearer and fairer regulatory framework for digital asset markets, enhancing stability and promoting innovation. Solomon emphasized that the law's key significance lies in "creating a level playing field for healthy market development." U.S. Senate Republicans are set to submit the revised bill for a vote as s
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14:01

Tesla Stock Drops 12% as Q2 Operating Profit Misses Forecast, Gross Margin Falls to 16.8%

According to Odaily and MSX.COM data, Tesla's stock price declined 12% to $329.015 per share in Q2, with market capitalization at $1.24 trillion. Q2 operating profit reached only $398 million, significantly below analyst expectations of $1.39 billion, while gross margin contracted to 16.8% from 21.1% in Q1, missing the forecast of 19.4%. Tesla reported Q2 free cash flow of negative $1.09 billion, the first quarterly deficit since Q1 2024. The company attributed the negative cash flow to capital
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14:00

Two Chinese Mathematicians Win Fields Medal on July 23, First-Time Achievement for China

According to Odaily, on July 23, 2026, Chinese mathematicians Wang Hong (born 1991) and Deng Yu (born 1989) won the Fields Medal at the International Congress of Mathematicians opening in Philadelphia. Both graduated from Peking University. This marks the first time Chinese mathematicians have won the Fields Medal, and the first time two Chinese recipients won simultaneously in a single congress, representing a historic breakthrough in Chinese mathematics development. The Fields Medal, awarded b
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13:55

Senate Republicans Circulate 616-Page Crypto Bill; Democrats Reject DOJ-Only Ethics Enforcement on July 22

According to Senate Republicans, on July 22 they circulated a revised 616-page Crypto Bill draft that includes a White House-backed ethics provision, but no Democrat has publicly endorsed the latest text. The central disagreement concerns enforcement: Democrats have repeatedly sought to give state attorneys general independent authority to enforce ethics provisions, while the Republican draft reserves enforcement solely to the U.S. attorney general. Sen. Angela Alsobrooks (D, Md.), who has parti
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13:53

Nasdaq Q2 Earnings Beat, Lifts Dividend 15%, Lists SpaceX IPO at Record $750B

Nasdaq reported second-quarter net revenue of $1.5 billion, up 15% year-on-year, with non-GAAP diluted earnings per share of $1.07, beating the $0.98 consensus. The exchange operator lifted its quarterly dividend by 15% to $0.31 per share and returned $174 million through dividends and $356 million through buybacks in the quarter. Nasdaq also closed the largest initial public offering in exchange history when it listed SpaceX in June, with the company raising $75 billion at $135 per share. Space
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13:53

Palm Oil Futures Hit Three-Month High on July 23 Amid Supply Concerns

According to reporting on July 23, palm oil futures rose to a three-month high as markets anticipated tighter supply. Biodiesel demand outlook improved amid rising crude oil prices and geopolitical tensions. Key drivers include El Niño-related risks, expected production declines in Q4 2026 and H1 2027, and pre-festival restocking demand in India. Malaysia's meteorological department cited strengthening El Niño conditions raising concerns about palm oil yield reductions.
13:50

BitMEX to Shut Down on September 23; Arthur Hayes Issues Farewell Statement

According to BlockBeats, on July 23, Arthur Hayes issued a farewell statement as BitMEX prepares to shut down on September 23. Hayes thanked the platform's partners, employees, and customers, stating: "We did something special together. I am incredibly proud of everything we created and proud we can close responsibly." He added, "Fuck TradFi, fuck banks, long live Satoshi Nakamoto." BitMEX, which pioneered 100x crypto leverage trading in 2014, has stopped accepting new user registrations and ini
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13:46

Albertsons Shares Plunge 15% After Cutting Fiscal 2026 Earnings Guidance

On Thursday, Albertsons shares plunged 15% after the company cut its fiscal 2026 earnings guidance, citing softer consumer demand and scaled-back grocery spending. The grocer now expects net income between $1.75 and $1.85 per share, down from a previous projection of $2.22 to $2.32 per share. Adjusted EBITDA guidance was lowered to $3.55-$3.625 billion from $3.85-$3.925 billion, while identical sales are now expected to decline 0.5% to 1.5%, compared to a prior forecast of flat to up 1%. CEO Sus
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13:46

PancakeSwap LP Loses $2.96M to Malicious EIP-7702 Signature Attack

According to Specter, a long-inactive PancakeSwap liquidity provider lost approximately $2.96 million after signing a malicious EIP-7702 authorization. The attacker removed about $1.48 million in BSC-USD and $1.48 million in BUSD liquidity, then swapped the BUSD to ETH. Following the theft, the attacker deposited approximately $1.46 million to Tornado Cash, while the remaining $1.48 million in USDT stayed in the attacker's address.
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ETH-1.94%
13:45

PancakeSwap LP Signs Malicious EIP-7702 Authorization, Loses $2.96M on July 23

According to BlockBeats and Specter monitoring, a long-inactive PancakeSwap liquidity provider (LP) lost approximately $2.96 million on July 23 after signing a malicious EIP-7702 authorization. Attackers removed about $1.48 million in BSC-USD and $1.48 million in BUSD liquidity from the victim, then converted the BUSD to ETH. Approximately $1.46 million has been transferred to Tornado Cash, with the remaining $1.48 million in USDT still held at the attacker's address.
CAKE-1.36%
ETH-1.94%
13:45

China and Canada Hold Third High-Level Security Dialogue on July 22

China and Canada held their third high-level national security and rule of law dialogue on July 22 in Beijing. The talks, co-chaired by Yin Bai, secretary-general of China's Central Political and Legal Affairs Commission, and Marc Morrison, senior advisor on diplomacy and international affairs to the Canadian prime minister, covered cross-border crime prevention, counter-terrorism, drug enforcement, and immigration cooperation.