Gate Crypto Flash News and Market Updates

According to on-chain analyst Onchain Lens, a single entity staked 1.49 million HYPE tokens worth approximately $88.2 million across 8 wallets, with individual wallet positions ranging from 115,700 to 390,400 tokens. Simultaneously, another entity unstaked 2.92 million HYPE tokens valued at approximately $170.1 million from 2 wallets after holding them for 8 months.

According to 1kx, on-chain protocol fees declined 33% year-over-year in Q2, with DEX fees dropping 57% to $625 million, primarily led by Meteora, Raydium, and PancakeSwap. Blockchain and MEV fees fell 40% to $362 million, while Launchpad fees decreased 57%. Perpetual contracts and prediction market fees bucked the trend, rising 22% year-over-year, driven by edgeX and Hyperliquid. Polymarket generated nearly $100 million in fees during the quarter. Lending and asset management protocols continued

According to Korea Exchange, Hyundai Motor shares fell 27,000 KRW (6.25%) to 405,000 KRW in morning trading on July 24, pressured by second-quarter earnings deterioration and delayed expectations for its humanoid robot business development. The automotive sector weakness combined with reduced growth prospects in new ventures has prompted securities firms to lower price targets.

According to Seoul forex market data, the Japanese yen-Korean won exchange rate dropped below the 900-won psychological support level on July 24, falling to 100 yen per 895.84 won during intraday trading. This marks the first time the rate has breached this level since November 2024. The decline was primarily driven by Korean won strength rather than yen weakness, with the dollar-won rate also plunging from the 1,550-won level at the start of the month to around 1,465 won. The breakthrough of th

According to CNBC, on July 23, Eli Lilly announced positive results from two Phase 3 clinical trials of retratrutide, a once-weekly obesity treatment. In diabetic patients, retratrutide reduced body weight by up to 20.8% at week 80, with meaningful improvements in key blood glucose markers. In adults with severe obesity and cardiovascular disease, average weight loss reached 22.6% over the same period, with significant reductions in major cardiovascular risk factors. The company adjusted its reg

According to Financial News, South Korea's financial regulator is tightening oversight of single-stock leveraged exchange-traded funds (ETFs) on Samsung Electronics and SK Hynix following rapid growth. The combined market capitalization of 16 single-stock leverage ETF products surged from 4.4 trillion won on May 27 to 11.9 trillion won by July 15—a 2.7-fold increase in under two months. The regulator has suspended new listings, banned advertising, raised minimum deposits from 10 million won to 3

According to CNBC, Amazon informed third-party sellers on Wednesday of a new policy requiring them to label any product images or videos containing "AI-generated people" with specific metadata keywords before upload. The move follows New York's law, which took effect last month, mandating disclosure when advertisements feature "synthetic performers"—digitally created media appearing as real people. Amazon clarified the requirement applies only to photorealistic AI-generated people, not to conten

On July 23, Ripple launched Ripple Mint, a platform enabling eligible institutions to mint, redeem, and manage RLUSD stablecoin through browser-based and programmatic interfaces. The platform combines automated APIs, webhook notifications, and reference IDs to help institutions integrate RLUSD into existing systems and manage digital dollar liquidity across supported networks. Ripple Mint also extends RLUSD beyond the XRP Ledger and Ethereum to six additional blockchains, including XRPL EVM Side

According to Beating, OpenAI has officially integrated ChatGPT Voice into its desktop app today (July 24), allowing users to control their computers and coordinate multiple agents with voice commands. The new feature is powered by GPT-Live, which maintains ongoing conversation while managing backend tasks concurrently. The rollout has begun globally across macOS and Windows, covering Plus, Pro, Business, Edu, and Enterprise users. iOS users can access the feature remotely, while Android support

According to the securities industry, LG Electronics completed a 100 billion won share buyback program today (July 23) more than two months ahead of schedule. The early completion reflects the company's shareholder return strategy progressing smoothly to enhance corporate value.

According to Business Insider, Alphabet's headcount grew from 187,103 to 198,933 employees in the year ended June 30, 2026, adding 11,830 staff net. Q2 alone saw hiring surpass 4,000, marking the largest quarterly increase in recent years and accounting for more than one-third of the annual growth. Revenue for the period reached $119.8 billion, up 24% year-over-year. The company raised its 2026 capital expenditure guidance to $195–205 billion, citing sustained demand for AI infrastructure exceed

According to CriptoNoticias, Argentina's government on July 24 proposed allowing mutual investment funds (FCI) to invest in Bitcoin and cryptocurrencies, with virtual assets eligible as collateral. The measure, drafted by Economy Minister Federico Sturzenegger as part of a deregulation bill, is pending President Javier Milei's signature before submission to Congress. The proposal also permits securities such as stocks and convertible bonds to be issued, stored, and traded via crypto networks.

According to Jin10 Futures, as of 8:30 AM Beijing time on July 24, spot platinum rose 0.03% while spot palladium fell 0.34%.

Japan's composite PMI for July came in at 53.1 in the preliminary reading, up from 52.8 in June, indicating continued economic expansion.

Japan's services sector PMI for July came in at 51.9 in its initial reading, down from 52.2 in the previous month, according to preliminary data.

According to ARK Invest's official disclosure, the firm's multiple funds completed portfolio rebalancing on July 23, with a net shift toward tech and crypto-related holdings. ARKK, ARKQ, ARKW, and ARKX simultaneously increased Tesla (TSLA) positions by a combined 160,000 shares, marking the largest buy. ARKK, ARKW, and ARKF collectively added 130,000 Circle (CRCL) shares, reflecting continued exposure to stablecoins. Among sales, ARKK and ARKW trimmed Figma (FIG) by 976,000 shares, the largest r

Japan's manufacturing PMI initial reading came in at 54.7 in July, down from 54.8 in June.

According to Decrypt, Fazenda Engenho Velho farm in Brazil's Paraná state completed the first tokenized livestock financing transaction formally registered on the B3 securities exchange, using 10 dairy cows as collateral to secure 100,000 Brazilian reals (approximately $19,400 USD). Each cow was assigned a unique digital identity through AI-powered sensor collars operated by agricultural technology company Cowmed, with data written directly into credit contracts without requiring on-site farm in

According to the Bitcoin Security Consortium's official X announcement on July 23, nine major institutions including BlackRock, Fidelity Digital Assets, Coinbase, Blockstream, and Galaxy committed $15 million over three years to support Bitcoin protocol security research and development. The consortium, established to contribute to Bitcoin's long-term security and stability, identified quantum computing as its top priority, noting that large-scale quantum computers capable of threatening Bitcoin

According to Maeil Business Daily, on July 24, Eon, a leading EPC (engineering, procurement, and construction) and SI (systems integration) provider for AI data center infrastructure, signed an agreement with Shinhan Investment & Securities to serve as its lead underwriter for a KOSDAQ listing. The two companies executed the official underwriting contract and plan to launch the listing in the second half of 2026. Eon reported 2024 revenue of 48.2 billion Korean won and expects 2025 revenue to re