Gate Crypto Flash News and Market Updates

According to Korea Herald, Hyundai Card successfully completed a stablecoin-based cross-border remittance of $20,000 between its parent company Hyundai Motor Group's North American and Mexican subsidiaries, with the transaction and verification taking just 7 minutes—compared to the 3 to 4 hours typical for conventional international bank transfers. The proof-of-concept test, backed by Tether, Avalanche, and digital payments provider Axiym, marks the first time a South Korean credit card company

According to BlockBeats, citing on-chain analyst Ai, a whale address ending in f1589 deposited 5 million USDC tonight and opened a 20x leveraged long position worth $16.63 million in XYZ100 (Nasdaq 100 Index tracker). Additional TWAP orders exceeding $5.3 million are in execution, bringing the total position value to approximately $22 million.

According to the Financial Times, U.S. regulators will block the Chicago Mercantile Exchange's (CME) application to accelerate the listing of 24-hour oil futures contracts, citing concerns that energy markets are not adequately prepared to handle an influx of around-the-clock derivatives trading.

According to South Korea's financial investment industry, margin debt on Samsung Electronics and SK Hynix reached 10.76 trillion won as of July 8, up 699 billion won in just six trading days. SK Hynix's margin balance stood at 5.24 trillion won, up 8.44% from late June, representing the highest level among KOSPI-listed stocks. Samsung's margin balance rose to 5.52 trillion won, up 6.3%. Both stocks have plunged 16.77% and 17.51% respectively this month, raising forced liquidation concerns as col

According to ChainCatcher, TRC20-USDT supply has surpassed 90.2 billion, hitting an all-time high as of July 9. Year-to-date, the Tron network has seen 9 billion new USDT issued, with the token now held across 74.9 million accounts and 3.5 billion cumulative transfers recorded. According to Lookonchain data, Tron network activity continued climbing in June 2026, with monthly transaction volume reaching 385 million and monthly active accounts exceeding 26.9 million, both marking historical record

Poland's National Bank has purchased 82 tonnes of gold so far in 2026, according to the central bank governor. The purchases reflect the country's efforts to strengthen its foreign exchange reserves.

According to Jinshi Shuju, Iran's Islamic Revolutionary Guard Corps (IRGC) successfully destroyed a command center in West Asia and the Al-Azraq Air Base in Jordan using 10 ballistic missiles on July 9. The IRGC stated that other U.S. military bases in the region would face similar strikes if the United States launches further attacks.

According to Iran's Islamic Revolutionary Guard Corps Navy, the country reiterated today that other nations have no right to interfere in Strait of Hormuz affairs. The military statement criticized U.S. actions for disrupting efforts to reopen the strategic waterway, warning that American interference and military moves would trigger Iran's "overwhelming response."

According to the Korea Exchange, Hansung Corporation, a seafood processing company known for its Craumi brand, hit the daily price limit on July 9, closing at 6,510 Korean won, up 29.94% from the previous trading day. The stock rally came as the company's patriotic brand image gained traction on social media, reversing a recent trend where the company faced potential delisting due to accumulated poor performance.

The governor of Poland's central bank disclosed today that the bank holds 127.5 billion zloty in unrealized profits on its gold holdings.

According to PANews on July 9, Federal Reserve official Jerome Williams stated that stablecoins are still in early exploration stages. Stablecoins are primarily used for payments rather than as a store of value, and do not pose a threat to bank deposits.

MoonPay announced on Thursday the launch of MoonAgents support on Telegram, enabling users to interact with its AI crypto assistant through the messaging platform. Users can ask MoonAgents to analyze markets, prepare transactions, and monitor blockchain activity through natural language conversations. According to MoonPay Agents Product Lead Kevin Arifin, the Telegram integration extends functionality beyond the desktop app, allowing on-the-go access. Crucially, user data and private keys remain

According to Guru Club, AI company PrismML announced on July 9 that it has successfully compressed a 27-billion-parameter AI model to run smoothly on iPhone. Apple has initiated discussions with PrismML to explore potential applications of the technology.

According to Paxos, PayPal USD (PYUSD) officially launched natively on the Polygon blockchain on July 9, providing regulated dollar settlement solutions for institutions and enterprises. The stablecoin, issued by Paxos Trust Company under oversight of the U.S. Office of the Comptroller of the Currency (OCC), enables on-chain deposit, withdrawal, and compliance capabilities through Polygon's Open Money Stack.

Shanghai silver futures (main contract) rose more than 2% during intraday trading today, currently quoted at 14,520 yuan per kilogram.

Dinari and tZERO announced a strategic partnership to build an end-to-end infrastructure enabling broker-dealers to offer tokenized U.S. equities. The collaboration integrates Dinari's dShares tokenization technology with tZERO's regulated brokerage, custody, clearing and settlement infrastructure, allowing firms to deploy tokenized stocks through a single operational framework. The integrated platform covers issuance, 24/7 trading, fractional investing, stablecoin settlement, automated corporat

According to Immunefi's June 2026 Ecosystem Update, cryptocurrency projects lost approximately $972 million across 207 hack incidents in the first half of 2026—the highest incident count ever recorded—but total losses remained below $1 billion and less than half of H1 2025 levels. The finding indicates attacks are becoming more frequent but less costly per event. Decentralized finance exploit losses have fallen 74% from their 2022 peak, dropping from $2.62 billion to $680.3 million, attributed t

Hong Kong's regulator ordered crypto platforms and online brokers to implement phishing-resistant login requirements within the next 12 months, according to the announcement published on July 9.

According to Jin10, European Commission Executive Vice President Valdis Dombrovskis warned recently that markets are facing heightened uncertainty and volatility due to Iran tensions.

Russia's gold and foreign exchange reserves reached $721.7 billion in the week ending July 7, up from $715.2 billion in the previous week, according to central bank data.