Gate Crypto Flash News and Market Updates

According to OpenAI, on July 22, an internal cyber evaluation using its models exploited a zero-day flaw to gain unauthorized access to Hugging Face's production database. The test environment had security safeguards intentionally disabled for evaluation purposes. Hugging Face confirmed unauthorized access to a limited set of internal datasets and service credentials, with no evidence of tampering to public models, datasets, or user-facing services. The company advised users to rotate tokens and

According to Odaily citing MSX.COM data, Hong Kong large language model stocks declined on July 22, with Zhipu (02513.HK) falling more than 3% and MiniMax-W (00100.HK) dropping over 4% after an initial morning rally.

According to Bloomberg, OpenAI CEO Sam Altman plans next week to brief the Trump administration and U.S. Congressional members on the company's next-generation artificial intelligence model. OpenAI's Global Head of Public Affairs Chris Lehane stated that U.S. officials are developing a safety assessment framework for frontier AI systems, expected to be completed within weeks.

According to the Korea Financial Investment Association, the average daily reverse repurchase ratio from July 1-20 reached 3.55%, marking the highest level mid-year. The ratio surged from 1.13% in April and 2.63% in May, reflecting intensifying liquidation pressure as domestic stock market volatility increases. Margin loan balances have declined alongside the rising forced selling activity.

According to Protos, AI shopping agent developer ORO disclosed a breach by suspected North Korean hacking group Sapphire Sleet on July 13, resulting in a loss of approximately $630,000 in cryptocurrency. Attackers compromised a Telegram account to send ORO employees fake Microsoft Teams links, tricking them into installing malicious extensions. After stealing data for nearly a month, the hackers obtained 147,000 Alpha tokens. ORO acknowledged the breach was enabled partly by its own security lap

The Thai baht weakened to 33.775 against the U.S. dollar, marking its lowest level since mid-April 2025.

According to BeInCrypto, since June 25, Ethereum has outperformed Roundhill Memory ETF (DRAM) by 72 percentage points as AI capital rotates from memory chip stocks to the blockchain. Ethereum rose 24% during the period while DRAM fell 38%, according to Fundstrat co-founder Tom Lee. DRAM, the first ETF exclusively investing in memory chip manufacturers, raised $6.5 billion in 27 trading days when it launched in April, setting a record for fastest ETF issuance.

According to South Korea's Financial Services Commission, announced today (July 22), the government established a 1.5 trillion won K-Culture Value-Up Fund to support AI content and Korean cultural industry development. The fund, structured through collaboration between the National Growth Fund and the Ministry of Culture, Sports and Tourism, combines 500 billion won in government funding and 300 billion won from industrial banks to attract over 700 billion won in private capital. Investment will

According to Guru Club, spot silver rose 2% intraday on July 22, reaching $59.94 per ounce.

According to China's Ministry of Commerce, Brazilian beef imports under safeguard measures reached 80% of the specified quantity on July 21. Per Ministry of Commerce Announcement 2025 No. 87, an additional 55% tariff will be imposed on current applicable tariff rates starting from the third day after imports reach 100% of the specified quantity.

According to South Korea's insurance industry, the combined loss ratio for auto insurance among five major insurers—Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, and Meritz Fire & Marine—reached 84.1% on a simple average basis for the first half of 2026 as of July 22. This represents a 1.5 percentage point increase compared to the same period last year. For June alone, the five insurers' loss ratio stood at 83.7%, up 1.8 percentage points year-over-year.

According to South Korea's Ministry of Industry, Trade and Resources, Industry Minister Kim Jung-gwan is visiting Washington, D.C., from July 22 to 25 to discuss trade negotiations with U.S. Commerce Secretary Howard Lutnick and other officials. The delegation, led by Minister Kim and Trade Negotiation Bureau Chief Yeo Han-ku, will focus on anticipated Section 301 tariffs the U.S. government plans to impose, as well as bilateral investment projects and semiconductor industry cooperation. The U.S

According to Bitcoin.com News, Falcon Finance launched a USDf payment card today (July 22) enabling users in over 90 jurisdictions to spend the stablecoin online, offline, and via mobile wallet. Users can mint USDf by depositing eligible collateral or acquire it from secondary markets. The card carries no annual fee and incurs no additional transaction charges beyond forex costs. Cardholders can also stake USDf separately to earn sUSDf, a yield-bearing product.

According to Tencent Self-selected Stocks, on July 22, the Hang Seng Index opened down 0.61% while the Hang Seng Tech Index fell 0.71%. Semiconductor stocks outperformed, with Maxim Integrated (03986) rising over 3%, Lastour Technology and SMIC gaining nearly 2% each.

According to its official announcement, Bitcoin miner Ionic Digital received SEC approval for its S-1 registration statement, with class A common shares set to begin trading on Nasdaq Global Select Market on July 28 under ticker symbol IOND. The company will conduct a direct listing without selling any new shares or receiving proceeds from shareholder sales.

According to the Reserve Bank of Australia, a survey released on July 22 found that inflation remains the top economic concern for Australians. The central bank also noted that the public holds a fundamental knowledge gap regarding how monetary policy operates. However, public trust in the RBA remains comparable to other Australian and international institutions and has remained stable since early 2025, with higher trust correlating with lower inflation expectations.

According to Bitget, India's largest asset management company SBI Funds Management listed on the Mumbai stock exchange on July 21, closing up 6.2% on its first day at 609.75 rupees per share, valuing the company at 1.24 trillion rupees, or approximately $12.89 billion. The IPO raised $1.03 billion, marking India's largest IPO of 2026. The offering attracted around $31 billion in subscriptions and drew anchor investments from BlackRock as well as sovereign wealth funds from Singapore, Abu Dhabi,

Platinum futures contracts rose 4% intraday on July 22, trading at 415.55 yuan per gram.

U.S. Secretary of State Marco Rubio reiterated that the United States is committed to addressing Middle East and Iran issues through diplomatic channels. The U.S. remains open to negotiation, according to his statement.

According to Coinglass data, liquidations across derivatives markets hit $207 million in the past 24 hours. Short positions liquidated $160 million while long positions accounted for $46.89 million, with Bitcoin shorts liquidating $64.99 million and longs $7.55 million. A total of 71,718 traders were liquidated during the period, with the largest single liquidation occurring on Binance BTCUSDT worth $4.27 million.