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
08:37

Hong Kong SFC Fines Victory Securities HK$1.7 Million, Suspends Executive Licenses

According to Hong Kong Securities and Futures Commission (SFC), Victory Securities Limited received a HK$1.7 million fine and suspension of executives' licenses for regulatory violations. The firm suspended virtual asset trading functions for mainland China users in February 2026, retaining only withdrawal rights while halting deposits and new transactions to comply with SFC requirements and mainland policies.
08:27

B.AI API Officially Launches Claude Opus 5 with 1M Token Context Window, Offers Up to 40% Cost Savings

According to ChainCatcher, B.AI API platform has officially launched Claude Opus 5 model with a 1 million token context window and up to 128,000 tokens per single output, effective immediately. The platform introduced dual-channel API access options: users can leverage either the official standard interface or a new partner-provider channel that offers up to 40% cost savings, allowing enterprises to balance performance and budget flexibility based on their workload requirements.
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08:25

Shenzhen Regulators Close Multiple Illegal Virtual Currency Accounts on July 25

According to BlockBeats, China's Shenzhen financial regulators including the People's Bank of China's local branch, the Securities Regulatory Commission, the Internet Information Office, and the Local Financial Administration jointly announced the closure of multiple social media accounts promoting illegal virtual currency activities on July 25. The closed accounts included "USDT Merchant Exchange Group," "Play Virtual Currency Together," "Search Bitcoin," "Micro Payment Exchange," and "Central
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BTC-2.13%
08:22

Arbitrum Dev3pack Hits Targets: 1,018 Dev Registrations, 9 Teams Graduate to Uniswap Hook Incubator

According to the report posted on the Arbitrum governance forum, Dev3pack, an Arbitrum-funded developer education program, recorded 1,018 developer registrations across its DeFi Builder Club bootcamps. The program also trained 6 ambassadors and graduated 9 developer teams into the Uniswap Hook Incubator program. The final report provides measurable outcomes for the DAO's grant spending on ecosystem growth and developer education.
ARB-3.02%
UNI-4.21%
08:16

Elon Musk Announces X Will Open Source Full Codebase and Accept Third-Party Audit

According to Sina, Elon Musk announced on July 25 that X will open source its entire codebase, including underlying systems, and invite independent third parties to audit the platform to verify consistency between the code and the live system. The move will follow completion of a cybersecurity vulnerability review. X has previously open-sourced portions of its recommendation algorithm and AI modules.
08:01

Trump Announces Fourth Presidential Run Bid on July 25, Wears 'Trump 2028' Hat

According to China News Service, Trump announced on July 25 that he is preparing for a fourth presidential run. At a White House Correspondents' Association dinner, the former U.S. president wore a signature red hat emblazoned with 'Trump 2028' and joked that running for president is something he has 'mastered' through his experience.
08:01

ARK Investment Buys 160,000 Tesla Shares as Stock Falls 15% on Weak Q2 Earnings

According to Barron's, ARK Invest purchased approximately 160,000 Tesla shares on Thursday (July 24) through four of its ETFs, including ARK Innovation ETF, ARK Space & Defense Innovation ETF, ARK Next Generation Internet ETF, and ARK Autonomous Technology & Robotics ETF. The purchase came after Tesla reported second-quarter operating profits of $400 million on Wednesday, roughly $1.3 billion below Wall Street expectations, causing the stock to plunge 15% on Thursday and fall an additional 2.1%
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07:41

Crypto Hacks Lead to $1.32 Billion in Losses in First Half of 2026

Gate News message, crypto hacks resulted in roughly $1.32 billion in losses during the first half of 2026, across 224 publicly disclosed incidents. The largest losses came from access control failures, phishing attacks, and oracle issues. Attack breakdown includes access control failures and compromised systems.
07:37

Trump Frustrated as Iran Conflict Extends Fifth Month With 18 U.S. Military Deaths

According to BlockBeats, as of July 25, Trump's administration has grown frustrated with the Iran conflict, which has now entered its fifth month with no clear resolution in sight. The military operations, originally expected to last weeks, have continued uninterrupted for 13 consecutive days, resulting in 18 U.S. military deaths. Brent crude oil prices briefly surpassed $100 per barrel this week amid the escalating conflict, raising concerns over energy costs and potential impacts on mid-term e
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07:37

China, U.S. Pursuing Divergent AI Strategies, Says Former Ambassador Zhao Lin on July 24

According to Zhao Lin, former ambassador to Eswatini, speaking on CTi News' program "Hong Liu Dong Jian" on July 24, China and the U.S. are developing divergent AI strategies. The U.S. pursues high-cost closed-source models to maintain its technological edge, while China emphasizes cost-effective, open-source deployment and accessibility. Zhao noted that U.S. restrictions on advanced AI chips may accelerate China's development of independent semiconductor, model, and supply chain ecosystems, ult
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07:36

World Foundation Raises $52.5M From Pantera Capital for World ID Expansion on July 24

According to World Foundation announcement on July 24, the organization raised $52.5 million in a strategic WLD token sale led by Pantera Capital, with all tokens locked for 12 months. Other investors included Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto. The capital will support global deployment of World ID technology across commercial platforms like Zoom, Docusign, Okta, and Tinder. World ID has registered over 39 million users, with more than 18 million compl
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WLD-10.42%
07:34

Lien Finance Exploited for $542K USDC Through Smart Contract Vulnerability Recently

According to ChainCatcher, Lien Finance, a decentralized finance protocol, was recently exploited through a smart contract vulnerability, with attackers stealing approximately $542,144 in USDC. Threat intelligence firm Slow Mist detected that the attacker leveraged a flaw in the bond token redemption logic to mint unsecured BondTokens without destroying corresponding input bonds, then used pre-authorized addresses to exchange USDC. The attacker transferred approximately 542,144.63 USDC from vict
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USDC0.02%
07:25

Whale Address Stakes 2.785M HYPE Worth $164M in 11 Hours, Possibly Linked to a16z

According to ChainCatcher, citing MLM monitoring, a whale address that accumulated 2.94 million HYPE (approximately $172 million) between September and October 2025 staked 2.785 million HYPE through 20 wallets over the past 11 hours, currently valued at approximately $164 million. Chain analysts speculate the address may belong to Andreessen Horowitz (a16z), though no official confirmation has been provided.
HYPE-2.74%
07:25

SK Group, Nvidia Sign $950 Billion Cooperation Agreement on Saturday

According to Guru Club, on Saturday (July 25), SK Group and other South Korean conglomerates signed a $950 billion cooperation agreement with global tech giants including Nvidia. The deal was concluded during a high-level meeting held during South Korean President Lee Jae-myung's visit to San Francisco, with attendees including Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, OpenAI CEO Sam Altman, and Nvidia CEO Jensen Huang. SK Group committed to supply $750 billion w
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07:23

Samsung SDS Signs Strategic Partnership with Anthropic, Rolls Out Claude to 70,000 Employees on July 25

According to Yonhapinfomax, Samsung SDS signed a strategic partnership with Anthropic today (July 25) to expand enterprise AI services in South Korea. The partnership aims to jointly identify new business opportunities in the Korean market, develop Claude-specialized professionals, and support Samsung affiliates in AI adoption. Samsung SDS has already deployed Claude Enterprise to approximately 70,000 employees across 20 Samsung-affiliated companies. During the initial rollout phase, internal me
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