Gate Crypto Flash News and Market Updates

According to BlockBeats, TRUMP team addresses unlocked and transferred 13.8 million TRUMP tokens valued at $21.94 million to major CEX platforms on July 26, with the tokens deposited into Binance, OKX, and Kucoin approximately 15 minutes before the report.

According to U.S. officials citing unnamed sources on July 24, Kuwait and Bahrain conducted secret airstrikes against Iranian targets in early July, striking drone and missile stockpiles. The United Arab Emirates provided target intelligence and air cover for both countries. Kuwait's ambassador to the United States denied that Kuwait participated in any military operations against Iran, stating that Kuwait has never allowed its territory to be used for attacks on neighboring countries. Bahrain h

According to PANews on July 25, OpenAI's ChatGPT and Codex encountered a widespread outage, rendering both services unavailable.

According to Syria's state news agency, Kuwait condemned Houthi attacks on Red Sea commercial shipping on Sunday, including a recent assault on the Saudi-operated vessel NCC MASA. Kuwait said the attacks violate international law and threaten global maritime security and trade.

According to CryptoQuant analyst Axel Adler, Bitcoin retreated to around $64,300 in July, after rising nearly 11% from a June low of approximately $59,000, as U.S. 10-year Treasury yields climbed to about 4.7%, the highest level in five years. Higher rates are tightening financial conditions and pressuring risk assets. Adler identified four emerging market risks: volatility compressed 31% in July to the 8th percentile historically, signaling potential for sharper moves ahead; U.S. spot market de

According to Maeil Business Newspaper, Philip Morris International (PMI) reported second-quarter net revenue of $11.9 billion, up 10% year-over-year, with adjusted earnings per share of $2.20, exceeding Wall Street expectations. The tobacco giant's stock has reached record highs, driven primarily by growth of its Zyn nicotine pouch—a small, discreet pouch placed between the gum and upper lip that delivers nicotine without smoke or visible use. The product has gained rapid adoption across sports

According to Korea Exchange, KONEX market trading volume has fallen to levels last seen 12 years ago. As of July 24, the daily average trading value stood at 628.85 million Korean won, marking the first time since December 2014 that monthly average daily trading fell below 700 million won. The market's market capitalization has also contracted significantly, declining from 7 trillion Korean won in 2018-2019 to 3.29 trillion won as of July 24. The number of listed companies has decreased from 150

According to Daily NK, North Korean authorities arrested an elite hacker group on July 12 for infiltrating the central bank and foreign trade bank networks to steal state trading funds and launder money through cryptocurrency. The group's leader was a former operative from the Reconnaissance General Bureau's cyber warfare unit, who recruited talented IT graduates from Kim Chaek University of Technology and Pyongyang University of Science and Technology. Members used encrypted communications and

According to Hong Kong Exchanges and Clearing disclosure on July 24, Zhongan Xinke (Shenzhen) Co., Ltd. submitted an IPO application to HKEx's Main Board, with ICBC International and China United Securities International as joint sponsors. This is the company's second submission; it previously filed an application on January 5.

According to the German Chamber of Commerce and Industry and the German Wholesale and Foreign Trade Association, on July 24, both organizations issued statements criticizing the U.S. for frequently adjusting tariff policies, which they said increases uncertainty for business operations and investment planning.

According to Odaily and Jin10, global central banks are facing mounting pressure to consider interest rate increases as crude oil prices approach $100 per barrel. The Federal Reserve, Bank of England, and Bank of Japan are preparing for energy-driven inflation, while the European Central Bank has signaled readiness for another rate hike. Investors are betting most central banks in this cohort may act as early as September. Brent crude's rebound is now driven by multiple supply disruptions beyond

According to U.S. officials, President Trump ordered a halt to expanded military strikes against Iran following a July 24 meeting, expressing concerns that further escalation could trigger more severe retaliation and strain the Pentagon's air defense resources in the Middle East. On July 23, Trump had considered launching large-scale attacks, but after the meeting on July 24, he reversed course and directed U.S. military forces not to proceed. U.S. officials attributed the decision to Trump bein

According to Odaily, Bitmine Chairman Tom Lee refuted claims that Layer 2 networks are cannibalizing Ethereum, stating that ETH mainnet continues to solidify its position as the primary economic settlement layer. Despite Layer 2s attracting tens of millions of users on-chain, Lee highlighted that Ethereum's fast confirmation mechanism reduces transaction friction by approximately 98%. Lee emphasized that Ethereum is positioned to become the most widely used settlement layer for financial and AI

According to The Independent, the Singapore Police Force and U.S. Federal Bureau of Investigation signed a memorandum of understanding on July 24 to strengthen cooperation on online fraud, cybercrime, and money laundering cases. During a joint operation completed in July targeting cross-border crypto fraud affecting Singapore and the United States, the agencies identified 54 victims and potential victims through shared blockchain intelligence, preventing approximately $2.7 million in potential l

According to Huaxia Fund's disclosure, Longsing Technology will list on the STAR Market on July 27, with several of the fund's ETFs participating in its IPO subscription. The stock was priced at 8.66 yuan per share ahead of listing. Because the first day of trading allows unlimited daily price movements, the fund's IOPV (indicative optimized portfolio value) based on the IPO price may diverge significantly from the actual net asset value on listing day, the fund warned investors to monitor this

According to Citrini analyst Jukan on X, Changxin Storage, a Chinese chip manufacturer, will list tomorrow, July 27.

According to Korea Exchange, on July 26, average daily trading volume in KRX gold spot market (99.99% purity, 1 kg unit) dropped 49% month-over-month to 239,116 grams, while daily transaction value fell 51.5% to 47.09 billion won. Gold prices declined to 189,810 won on July 24, down 29.7% from the January 29 peak of 269,810 won. The decline reflects weakened investment sentiment amid U.S. tightening concerns and reduced demand from Chinese individual investors, who drove gold appreciation last y

According to Bloomberg, Chinese AI startup DeepSeek has paused its second funding round in recent days following the leak of internal comments attributed to founder Liang Wenfeng regarding U.S.-China AI competition. Sources revealed the company has notified potential investors that planned investment agreements will not proceed as scheduled. Liang is reportedly unhappy with the circulation of his remarks, originally made during Series A fundraising discussions. DeepSeek completed its first fundi

According to BlockBeats, on July 26, Iran suspended its retaliatory attacks after the United States stopped its overnight operations for a second consecutive night. An Iranian military spokesman warned that any renewed U.S. attacks would escalate the conflict, as fighting has already extended into the Strait of Mandeb.

According to CCTV News, Russian forces conducted large-scale airstrikes on multiple locations across Ukraine on the morning of July 25, deploying 2 missiles and nearly 160 drones in the strikes. The attacks resulted in at least 6 deaths and 10 injuries, with multiple civilian buildings and infrastructure damaged. Russia has not yet responded to the reports.