Gate Crypto Flash News and Market Updates

According to on-chain analyst Yu Jin, the AFX Trade hacker has exchanged 12,467.4 ETH for BTC on July 26. This follows a July 23 attack on the AFX Trade Arbitrum bridge, where the hacker stole approximately 24 million USDC and subsequently moved the funds from Arbitrum to Ethereum.

According to BenchLife, Nvidia issued GPU package (GPU plus video memory chips) pricing increase notices to downstream manufacturers this week, impacting GDDR7 and earlier-generation GDDR6 memory modules across RTX 5050 and older graphics card models. The primary driver remains surging video memory costs, with 3GB GDDR7 chips now priced between $60-70, compared to $20 for standard 2GB GDDR7 modules—representing a roughly threefold cost increase despite only 50% additional capacity. Retail channe

According to Coinglass data cited by ChainCatcher, the Crypto Fear and Greed Index currently stands at 27, indicating panic status and up 1 point from yesterday. The 7-day average is 28, while the 30-day average stands at 23.

According to Financial News, overseas retail investors purchased $502.13 million worth of SK Hynix American Depositary Receipts (ADRs) during the week of July 17-24. Since the ADRs' Nasdaq listing on July 10, cumulative net purchases have reached $675.54 million. The ADRs closed at $154.57 on July 24 (local time), equivalent to 2.26 million Korean won per share after adjusting for the 10-to-1 exchange ratio. This represents a 28.5% premium over SK Hynix ordinary shares trading at 1.759 million w

According to Korea Exchange, South Korea's KONEX market capitalization fell to 3.29 trillion won as of July 24, marking a 53% decline from 7 trillion won in 2018-2019. Daily average trading volume dropped to 628.85 million won this month, the lowest level since December 2014, despite the market's significantly larger current size. Listed companies on KONEX have also contracted to 108 from 150 in early 2020. New listings plummeted to just 2 companies year-to-date, compared to an annual average of

According to Reuters, Samsung Electronics and Broadcom signed a memorandum of understanding on July 25 to expand collaboration on AI infrastructure. The South Korean government estimated the partnership at more than $200 billion over five years through 2030. Under the agreement, Samsung will supply high-bandwidth memory (HBM) for Broadcom's AI accelerators, manufacture Broadcom chips on 2-nanometer and smaller nodes, and handle advanced packaging including 2.5D integration. Samsung separately an

According to Jin10, on July 24, South Korean retail investors made massive net purchases of single-stock leveraged ETFs worth approximately 450 billion Korean won. The buying reversed a three-day selling streak and targeted Samsung Electronics and SK Hynix leveraged products, with Samsung purchases totaling 103.9 billion won and SK Hynix purchases reaching 350 billion won. The surge followed sharp market declines on July 24, when the KOSPI index dropped over 5% and Samsung and SK Hynix shares fe

According to Korea Exchange, Hanwha Asset Management's PLUS 200 Covered Call Active ETF reached net assets of 55.3 billion won as of July 23, 2026, just two weeks after launching in late June. The fund employs flexible option-selling strategies and dividend avoidance tactics to optimize returns in volatile markets. The covered call strategy involves holding underlying stocks while selling call options to generate premium income. The dividend avoidance approach avoids the 15.4% dividend income ta

According to Financial News, South Korean energy-related ETFs surged from July 20-24 as Middle East tensions and rising crude oil prices boosted demand. PLUS Solar & Energy Storage ETF led gains at 18.17%, followed by oil futures-linked products—TIGER WTI Crude Oil Futures (15.25%) and KODEX WTI Crude Oil Futures (15.18%). Brent crude and WTI oil broke $100 and $90 per barrel respectively, driven by supply concerns from U.S.-Iran military escalation. Meanwhile, semiconductor ETFs declined sharpl

According to a Goldman Sachs report, Intel raised its 2026 capital expenditure guidance to over $20 billion on July 24, up from approximately $17 billion previously, and signaled continued investment increases in 2027. The move marks Intel's formal entry into large-scale equipment deployment for advanced chip manufacturing and foundry services. Intel's second-quarter earnings exceeded expectations across metrics: revenue reached $16.1 billion versus Goldman Sachs' estimate of $14.3 billion; adju

According to BlockBeats, on July 26, the Federal Reserve, Bank of England, and Bank of Japan are set to announce interest rate decisions next week as surging energy prices and elevated AI capital spending reignite global inflation concerns. Brent crude has breached $100 per barrel in recent weeks, and markets expect all three central banks to hold rates steady, though futures indicate a 35% probability the Fed will hike by 25 basis points next week. Meanwhile, SK Hynix will release second-quarte

According to Yonhap Infomax, this week (July 27-31) the KOSDAQ market is set to see three companies launch initial public offering (IPO) subscriptions and demand forecasts. U.S.-based biotech firm IngeniaTherapeutics will begin subscription on July 30 for two days, while fashion B2B platform Delicious will continue demand forecasts through July 29 with an indicative pricing band of 5,000-7,000 Korean won. Satellite antenna specialist K&S I&C will conduct demand forecasts from July 27-31 with a p

According to Maeil Business Newspaper, Shinhan Financial and JKL Partners are negotiating the acquisition price for Lotte General Insurance, with JKL lowering its asking price to 1 trillion Korean won as of late July. The deal could be finalized before an August public auction, though Shinhan's CFO indicated the company is also reviewing other insurance acquisition targets and requires time to find a compromise. Separately, Shinhan Financial approved the issuance of up to 400 billion won in subo

According to the New York Times, President Trump shelved plans to significantly escalate military operations against Iran on July 26, citing pressure on Pentagon supplies of Patriot air defense interceptors and other air defense ammunition stocks. Government officials stated that strain on interceptor inventories is among several factors making resumption of large-scale military operations extremely risky. Trump and senior advisors also expressed concerns about potential expansion of Middle East

According to Future Asset Securities, on July 26, SK Telecom's target stock price was raised to 120,000 won, up 22.4% from the previous close of 100,000 won on July 24. The brokerage maintained a "buy" recommendation. The price increase follows SK Telecom's announcement on July 23 of a new data center subsidiary called SK Hyper, which will handle infrastructure, site acquisition, power infrastructure development, and customer operations. The company plans to invest a total of 750 billion won thr

According to Korea Exchange, South Korea's National Pension Fund and other pension funds switched to net buying 68.4 billion won worth of stocks on the Kospi market from July 1-24, defying market concerns of a massive sell-off. The fund had sold shares every month from January through June. SK Hynix was the top buying target, with 425.8 billion won in net purchases, followed by SK Innovation at 224.7 billion won. In contrast, Samsung affiliates led the net selling ranks, with SK Square at 575.7

According to Morgan Stanley analyst Jonas, SpaceX stock fell to $115.07 on Friday, down roughly 18% from its $135 IPO price in mid-June, suggesting the market has largely failed to price in the company's artificial intelligence business value. Jonas set a $300 price target, with over half of the valuation attributed to SpaceX's AI operations including Grok and Cursor. If the stock were to decline to $100, the market would effectively assign zero or negative value to SpaceX's AI business, Jonas n

According to reports compiled by Yonhap Infomax from 14 brokerage firms, SK Hynix' second-quarter operating profit is forecast to reach 64.09 trillion won on July 29, setting a record high. The Q2 operating profit is projected to exceed the company's full-year 2025 figure of 47.2 trillion won by approximately 17 trillion won. Combined with first-quarter operating profit of 37.61 trillion won, SK Hynix' first-half operating profit is expected to surpass 100 trillion won. Samsung Electronics' DS d

According to Constellation Research chairman Ray Wang, interviewed by CNBC and reported by Seeking Alpha, Nvidia's growth potential is largely reflected in its current valuation, but other AI beneficiaries remain undervalued. Wang highlighted that AMD still has significant upside, citing expanding data center demand and potential declines in computing and energy costs. He noted that tech giants including Microsoft, Alphabet, Amazon, and Meta will continue heavy AI capital spending despite market

According to Yonhapinfomax, Hyundai Motor Group Chairman Chung Euisun announced the company's Physical AI vision on July 24 at the San Francisco AI Summit. The vision extends beyond individual device intelligence to city-level integrated intelligence through connected systems across vehicles, robots, and manufacturing processes. Hyundai also established a Silicon Valley headquarters under its Advanced Driver Assistance Platform division and appointed Jeremy Ma, a veteran from NASA, Apple, Toyota