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
13:07

Saudi Aramco's Jizan Refinery Storage Tank Catches Fire After Houthi Attack Over Weekend

Following a Houthi attack over the weekend on Saudi Aramco's Jizan refinery, satellite imagery shows a storage tank at the facility caught fire. The refinery, which processes 400,000 barrels per day, also appears to have activated its flare tower, with thick smoke visible from the structure used for emergency gas venting. The extent of operational disruption remains unclear, though damage appears limited to the storage tank based on available imagery.
13:07

Goldman Sees South Korean Won, Taiwan Dollar, Malaysian Ringgit Outperforming Amid AI Boom, Despite 2026 Declines

According to Goldman Sachs, the bank is bullish on the South Korean won, Taiwan dollar, and Malaysian ringgit as the artificial intelligence investment boom reshapes Asia's foreign exchange market, on July 27, 2026. Goldman ranks these currencies above energy importers such as the Thai baht and Indonesian rupiah, expecting the divergence to persist while AI spending remains intact. Despite the bullish stance, all three currencies have declined against the dollar in 2026. The won has fallen 1.64%
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13:06

Huiping Investment Completes Stake Reduction in Geek+, Cutting Holdings to 4.78% on July 27

According to the announcement, on July 27, Huiping Investment completed a block trade divestment of Geek+ (02590), reducing its stake from 13.43% to 4.78% by selling 88.605 million shares. Chen Hejiang, executive director of the fund, has resigned as non-executive director of the robotics firm, marking the completion of the early institutional investor's orderly exit after nearly a decade of holdings.
13:05

China's Commerce Ministry Responds to U.S. Plan to Investigate, Sanction AI Firms; 200 U.S. Firms Oppose Restrictions

On July 27, China's Commerce Ministry spokesperson responded to U.S. plans to investigate Chinese AI companies for allegedly distilling American advanced models and potentially imposing sanctions, stating the move lacks factual and legal basis. The spokesperson called it a typical example of artificial intelligence hegemoniasm. China noted that some of its AI models are now leading-edge, and pointed to over 200 U.S. startups urging the government not to cut off access to Chinese open-source mode
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13:05

Naver, Nvidia and Brookfield to Expand Sejong AI Factory to 200 Megawatts by 2028

According to BlockBeats, on July 27, Naver, Nvidia, and Brookfield Asset Management announced plans to build gigawatt-scale AI cloud infrastructure in South Korea and the United States. Naver and Nvidia will expand the GAK Sejong AI Factory in Sejong City to 200 megawatts, targeting completion by 2028. The facility will deploy Nvidia's latest AI infrastructure, including Vera Rubin and Blackwell platforms. The collaboration aims to strengthen South Korea's AI compute capacity and expand global A
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13:03

Talos Integrates Kalshi Into Institutional Trading Platform, Adds Algorithmic Execution and Block Trading

Talos recently integrated Kalshi into its institutional trading platform, allowing hedge funds, market makers and professional trading firms to access prediction markets and regulated crypto perpetual futures through the same infrastructure used for digital asset trading. The integration extends Talos' algorithmic execution suite to Kalshi event contracts, supporting strategies including Iceberg, Pegged, Sniper and Time-Weighted Average Price algorithms. Talos is also introducing multi-leg execu
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13:02

Nvidia Invests $1B in Naver, Securing 4.5% Stake as Stock Surges 8.4%

According to Seoul Economic, Nvidia invested $1 billion in Naver yesterday (July 27), acquiring a 4.5% stake through a third-party capital increase offering. Naver shares surged 8.43% to 225,000 Korean won on the news. The investment is part of a $14.6 billion AI Factory project involving Naver, Nvidia, and global alternative investment firm Brookfield. Nvidia will provide GPU technology and strategic investment, while Brookfield will support approximately $9 billion in computing infrastructure
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13:01

SK Hynix Share-ADR Interconversion Starts July 29 as 52% Price Gap Narrows

According to Korea Economic TV, SK Hynix announced that interconversion between its domestic shares and American Depositary Receipts (ADRs) will begin on July 29, addressing a widening price disparity. The company's shares trade at approximately 1.81 million won in South Korea while ADRs trade at roughly 2.25 million won in the U.S., representing a gap of up to 52%. The commencement of mutual conversion between domestic shares and ADRs is expected to narrow the price differential and provide a r
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13:01

Revolut Recruits Crypto Content Creators in EEA, Expands YouTube KOL Sponsorships on July 27

According to BlockBeats, Revolut announced on July 27 it is recruiting crypto content creators in the European Economic Area (EEA) to join its crypto creator program. The fintech company is seeking partnerships to promote its brand through sponsored content on platforms including YouTube. Trader CBB shared screenshots confirming Revolut's outreach to European crypto creators. Market observers note the company has intensified its investments in crypto marketing in recent years, with some crypto Y
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13:01

Fenbi Issues H1 2026 Revenue Guidance of at Least 1.22 Billion Yuan

According to Fenbi's announcement on July 27, the employment services platform Fenbi (02469) guided revenue of at least 1.22 billion yuan for the first half of 2026 as of June 30. Cumulative platform users exceeded 110 million with approximately 12% year-over-year growth, while monthly active users topped 9.1 million, according to official data.
13:01

Japan Self-Defense Forces Officer Breaks Into Chinese Embassy on March 24, Embassy Demands Investigation

According to China's embassy spokesperson, on March 24, a Japan Self-Defense Forces officer broke into the Chinese embassy with a knife and made violent threats, violating the Vienna Convention on Diplomatic Relations. The embassy stated the incident severely infringed upon China's sovereignty and dignity, endangered diplomatic personnel and facilities, and exposed Japan's failure to manage and educate its military personnel. The spokesperson strongly urged Japan to investigate thoroughly, hold
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12:58

Apple Options Traders Bet on Rally Ahead of July 31 Expiry, Call Contracts Outnumber Puts 1.7x

According to CNBC on July 27, option traders are betting heavily on Apple (AAPL) stock price gains as the company prepares to report earnings on July 30. For Apple options expiring July 31, call options account for $442 million of total $590 million in premium traded, while put options trail significantly. Data from ThinkOrSwim shows investors purchased approximately 560,000 call contracts compared to 332,000 put contracts, signaling stronger bullish conviction. Current option pricing implies Ap
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12:56

Standard Robots Submits Third Listing Application to Hong Kong Stock Exchange on July 27

According to Hong Kong Exchanges and Clearing disclosure on July 27, Standard Robots (Wuxi) Co., Ltd. submitted its listing application to the Hong Kong main board for the third time, with CITIC Securities and Guotai Huatong as joint sponsors. The company is a provider of industrial intelligent mobile robot solutions for smart factory applications. By sales volume in 2025, it ranked fourth among Chinese industrial intelligent mobile robot solution providers with a 4.0% market share, according to
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12:53

Musk: AI Could Surpass Collective Human Intelligence in Five Years, China May Become Global Leader

According to Musk in an interview with The Economist published July 27, artificial intelligence could surpass the combined intelligence of all humans in about five years, and China AI companies are "very likely" to become global leaders. Musk noted that China currently holds significant advantages in power generation and electricity supply. He pointed out that the bottleneck for AI development is shifting from semiconductors to energy and cooling capacity. China's electricity generation has alre
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12:53

Korean Tech Conglomerate, Nvidia Reach $950B Cooperation Deal on July 27

According to BlockBeats, on July 27, a Korean tech conglomerate and global technology giants including Nvidia reached a series of cooperation projects valued at $950 billion, marking a significant expansion of AI infrastructure investments in the region. Separately, Nvidia is negotiating to provide approximately $250 billion in financial guarantees for OpenAI's Ohio data center project, according to informed sources.
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12:49

Evergrande Property Liquidator Continues Discussions with Potential Buyers on July 27

According to Evergrande Property's announcement on July 27, the company's liquidator continues discussions with several potential buyers regarding a potential transaction, including new parties and those who previously participated in the process. The liquidator plans to invite potential buyers to conduct due diligence on the company. Discussions remain at a preliminary stage, with no binding agreements reached and no formal offers received thus far.