Gate Crypto Flash News and Market Updates

According to President Zelenskyy's social media statement, on July 16, he appointed Yevhenii Hemara, head of Ukraine's Security Service, as acting defense minister. Zelenskyy said he will seek parliament support for Hemara's permanent appointment after completing legal procedures. Zelenskyy and Hemara discussed conducting long-range strikes against Russia and providing equipment to Ukraine's security and defense forces. Hemara, a major general, previously headed the Security Service's Alpha spec

According to CCTV, on July 16, Ukrainian President Zelensky signed a presidential decree removing military administrators from Kyiv city, Kyiv region, and Nikolaev region. Ruslan Olinych was appointed acting head of Kyiv region's military administration, and Georgy Leshetilov was appointed acting head of Nikolaev region's military administration. A replacement for Kyiv city's military administrator has not yet been announced.

According to ChainCatcher, security firm Project Eleven has released a post-quantum proof technology designed to help Bitcoin users prove wallet ownership after quantum computers can derive private keys and generate valid signatures. The technology uses wallet key derivation paths, allowing users to demonstrate control without disclosing parent keys to distinguish legitimate owners from attackers. The scheme was developed in collaboration with Jim Posen, a primary maintainer of the open-source B

On July 16, the onshore Chinese yuan (CNY) weakened to 6.7711 against the U.S. dollar during early Beijing trading, down 14 pips from Wednesday night close. Trading volume reached 45.22 billion USD.

According to Kuwait's Defense Ministry spokesman, the country's armed forces intercepted 32 hostile unmanned aircraft that entered its airspace since early this morning on July 16. Multiple facilities sustained damage, though no casualties were reported.

On Thursday, Iran conducted an attack on Kuwait that resulted in damage, according to Kuwaiti authorities.

According to Bloomberg commodity data, CBOT corn futures fell 1.28% to $4.6350 per bushel on Thursday, July 16, as the Bloomberg commodity index declined 0.77% to 31.5539. Other CBOT contracts also posted losses: wheat futures dropped 0.48% to $6.7425/bu, soybean futures fell 0.67% to $11.9375/bu, and live cattle futures declined 1.31%. Soybean meal rose 0.72%, while soybean oil fell 0.61%.

On July 16, Iran's Revolutionary Guard Corps stated that the security of the Strait of Hormuz can only be guaranteed if the United States no longer maintains a presence in the region.

According to PR Newswire, on Thursday, BitPay secured a crypto-asset service provider (CASP) license from the Dutch Authority for the Financial Markets, enabling the company to expand cryptocurrency and stablecoin payment services across EU member states under the Markets in Crypto-Assets (MiCA) framework. The approval aligns with the July 1 requirement for all entities offering crypto-related services to be regulated. BitPay's European head, Jonathan Arler, stated, "Europe is one of the most im

According to CCTV citing the U.S. Central Command, the U.S. military launched a new round of airstrikes on Iran on July 16 at 2 PM ET, marking the fifth consecutive night of strikes.

According to CCTV, three explosions were reported near Abarqu Port's western area today (July 16). No additional details were immediately available.

According to Jin10, three explosions were heard west of Abbas Port, Iran on July 16, local time.

According to Shanghai Gold Exchange, gold (Au99.99) and silver (Ag99.99) futures fell on the evening session of July 16. Gold T+D closed down 1.09% at 870.1 yuan per gram, while silver T+D declined 2.29% to 13,592 yuan per kilogram.

Dutch cryptocurrency platform Knaken has been declared bankrupt by a Rotterdam court on Thursday, with prosecutors confirming that approximately €7 million ($8.1 million) in customer funds cannot be accounted for. The ruling also placed Stichting Knaken Payments, the foundation established to safeguard customer deposits, into bankruptcy proceedings. Around 30,000 customers have been affected, unable to access their accounts since early June. The collapse comes as European regulators enforce stri

On July 15, Thinking Machines Lab released Inkling, a 975-billion-parameter multimodal AI model trained from scratch with full weights available on Hugging Face under an Apache 2.0 license. The model scores 74.1% on MCP Atlas—measuring how reliably AI agents complete real-world tasks using external tools—nearly 30 points above Nvidia's Nemotron 3 Ultra, making it the highest-performing Western open-weights model on agentic tool use. Inkling accepts text, images, and audio with a 1 million token

Shanghai Futures Exchange commodities fell during overnight trading on July 16. Crude oil futures (September 2026 contract) closed down 0.46% at 514.40 yuan per barrel. Gold futures fell 1.34%, while silver futures dropped 3.15%.

According to Bloomberg News, Chevron plans to sign agreements with Iraq on Friday (July 15) to advance investments in major oil fields and explore building a pipeline to help Iraqi oil bypass the Strait of Hormuz. A company executive stated Thursday that the accords are expected to be non-binding but will signal Chevron's commitment to eventually executing commercial agreements for the West Qurna-2 and Nasiriyah oil fields. Chevron is part of a consortium including U.S. and international compani

According to Jin10, White House Press Secretary Levitt said on July 16 that Iran remains in dialogue with the United States and hopes to reach an agreement, noting Iran is facing "devastating" consequences. Levitt stated that recent U.S. military strikes were in response to Iran's violation of the Memorandum of Understanding between the two parties.

According to Bloomberg Television, GameStop CEO Ryan Cohen dismissed concerns about the decline of physical video game sales, calling this revenue stream 'immaterial' to the company's overall business. Cohen's comments responded to Sony Group's announcement earlier this month that it will halt production of new physical PlayStation game discs by 2028. He reiterated that GME's long-term strategy focuses on gaming collectibles and the acquisition of e-commerce giant eBay.

According to Lookonchain, Arthur Hayes, founder of BitMEX, purchased 1,293 Ethereum approximately two hours ago, valued at $2.48 million. Analysis by the on-chain data platform shows Hayes holds a total of 4,353 ETH across five different wallet addresses, with a combined value of approximately $8.35 million at current market prices.