Gate Crypto Flash News and Market Updates

According to Safe's Q2 report released today (July 29), the crypto wallet protocol processed 130 million transactions in the second quarter, a record high. However, quarterly revenue fell to approximately $1.98 million, down from $2.88 million in Q1—a decline of over 30% that may be linked to crypto price pressure. The protocol now has over 63 million cumulative accounts, up 20% year-over-year. Safenet, Safe's on-chain security network launched in April, processed 456,000 security checks by quar

According to The New York Times, Binance quietly adjusted its law enforcement cooperation policy in April last year, routing requests from law enforcement agencies to foreign government bodies through international treaty procedures, significantly extending response times. Police representatives from five European countries reported at a law enforcement conference in the Netherlands that most requests, except those involving child sexual abuse, terrorism, or life-threatening emergencies, are rou

According to PANews, the AI Token spending price index fell to 1.4288 on July 29, hitting its lowest level since early March and extending a decline that began in late May. The index has dropped 31% from its year-to-date high, signaling a slowdown in AI enterprise spending. The Token spending price, derived from data across OpenAI, Anthropic, DeepSeek and other global AI models, serves as a key indicator of compute supply and demand dynamics in the AI industry.

According to Fortune, Polymarket has established Polymarket Institute, a newly funded research organization dedicated to studying prediction markets and information discovery mechanisms. The platform will award 12 initial research fellows $10,000 each through a "Science Fellowship" program modeled on university endowments rather than commissioned research. To ensure research independence, fellows cannot trade on Polymarket during their tenure and retain unconditional rights to publish findings r

TSMC's Kumamoto plant, operated through subsidiary JASM, is conducting equipment inspections and recovery work. The inspection and calibration process will require time. Resources have been secured for JASM and raw materials are being supplied. Construction work is expected to resume on Wednesday following the completion of equipment checks.

According to Meralco chairman Manny V. Pangilinan, on July 29, the Philippine power industry may not survive if President Ferdinand Marcos Jr.'s order to remove system loss charges from consumers' electricity bills is fully implemented. Pangilinan estimated that absorbing system losses—which include both technical and nontechnical losses—could cost the industry tens of billions of pesos. System loss, currently borne by consumers within limits set by the Energy Regulatory Commission, accounts for

SoFi Technologies reported stronger-than-expected second-quarter results on Wednesday, with adjusted net revenue of $1.2 billion, up 40% year-over-year. However, SoFi stock fell 6% in pre-market trading to approximately $15.76, as investors reacted negatively to the company's unchanged profitability guidance. The company maintained its adjusted EBITDA target at $1.6 billion and adjusted earnings-per-share forecast at $0.60, disappointing those expecting broader guidance increases. SoFi added 1.1

According to Yonhap Infomax, South Korea's government announced additional measures on July 29 to regulate single-stock leverage ETFs and curb market volatility. The announcement came during an emergency meeting presided over by Deputy Prime Minister and Finance Minister Koo Yun-chul, with participation from Bank of Korea Governor Shin Hyun-song and Financial Services Commission Chairman Lee Euk-won. Key measures include imposing individual investment limits capped at 20% of total investment, in

On July 28, China's leading down jacket manufacturer Bosideng (03998) released its 10th Environmental, Social and Governance (ESG) report, disclosing 2025/26 fiscal year sustainability achievements. The company, which has operated in the down apparel sector for 50 years, has integrated sustainable practices across its entire value chain including research, production, logistics and retail. Key highlights include a 2038 net-zero operations target spanning energy optimization, supply chain green t

According to Jin10 citing HSBC analyst Daragh Maher on July 29, the U.S. dollar could weaken if the Federal Reserve holds interest rates unchanged, as markets have already priced in some rate hike expectations. Maher noted that at least three Federal Reserve members would need to vote for a rate hike to offset the dollar's initial decline.

According to the Polish Center for Public Opinion Research, a poll released on July 28 found that 40% of Polish respondents oppose Ukraine's accession to the European Union, marking the highest share since the center began conducting such surveys. Less than 10% support Ukraine joining the EU in the near term.

According to CNN and the Center for Strategic and International Studies (CSIS), U.S. air defense missile stockpiles have significantly depleted following recent escalations with Iran on July 29. CSIS estimates show fewer than 827 Patriot interceptor missiles and fewer than 278 THAAD interceptor missiles remain in inventory, with figures aligning with internal Pentagon data. The think tank warned that the inventory decline may force the U.S. and allies to assume higher risks during missile interc

According to TSMC, Japan's Kumamoto region experienced a 7.1-magnitude earthquake on July 28 at around 4 p.m., with maximum seismic intensity of 5 recorded at the fab site. TSMC completed inventory checks on July 29 and confirmed that the JASM fab's power, water supply, and safety systems are operating normally. Production equipment inspections and calibration work are underway and are expected to require additional time due to the magnitude of the quake. Material supplies remain unaffected. TSM

According to Kaito, the platform launched Kaito Katalyst, a new rewards layer for creator campaigns that uses a performance-based payment model. Project teams pay rewards based on actual results delivered by creators, measured across flexible criteria including mind share, clicks, sign-ups, deposits, and in-app activity. The infrastructure is supported by Kaito's intelligence framework, X's data protocol, Breviszk's verification architecture, and Kaito's proprietary attribution infrastructure. K

According to AXIOS, U.S. Vice President Vance met Israeli Prime Minister Netanyahu on Tuesday, with Defense Secretary Marco Hegseeth scheduled to meet Netanyahu today (July 29).

According to Foresight News citing Politico, the latest round of negotiations on CLARITY Act Section 604—which proposes a safe harbor for non-custodial software developers—has shifted focus from law enforcement to prosecutors' groups. The National Sheriffs Association, which previously opposed the measure, did not sign the revised proposal. Meanwhile, the White House and Treasury Department disputed Senator Catherine Cortez Masto's claim that the bill reflects their position. The Crypto Council

According to Fiscal.ai, SoFi Technologies reported record second-quarter revenue of $1.21 billion, up 43% year-over-year and above consensus estimates of $1.13 billion. Lending segment revenue surged 63% to $724.8 million, while Financial Services revenue rose 29% to $466.3 million. The fintech firm raised its full-year 2026 revenue guidance to $4.75 billion to $4.85 billion, representing 32% to 35% year-over-year growth. CEO Anthony Noto stated that "2026 is shaping up to be a defining year," n

Per Hong Kong Economic Journal, as of 8:27 PM tonight (July 29), Hang Seng Index July futures traded at 25,698, down 86 points or 0.33%. Meanwhile, China Enterprises Index futures fell to 8,590, down 25 points or 0.29%.

According to the U.S. Department of Defense, U.S. Central Command warned soldiers deployed in the Middle East on July 29 not to share videos of military base attacks on social media. The warning aims to prevent the shared content from being exploited by Iran to assess the effectiveness of strikes against U.S. military facilities.

Eni CEO announced that the company's development plans for Venezuela's Perlá gas field will be unveiled soon. The statement marks continued progress on the Italian oil major's operations in the South American nation.