Gate Crypto Flash News and Market Updates

Nic Carter, founding partner at Castle Island Ventures, warned on Galaxy Brains (hosted by Galaxy Digital's research director Alex Thorn) that quantum computers could threaten Bitcoin's elliptic curve cryptography (ECDSA) encryption, potentially enabling the U.S. government to seize users' private keys or render the network inoperable. Carter argued that if the U.S. achieves quantum supremacy, it could breach Bitcoin's current cryptographic security to compromise the network. He emphasized that

According to HyperliquidNews, trader Arda6951 recently became the largest holder of unrealized gains across HIP-3 markets. The trader currently holds $40.1 million in SKHYNIX, representing 8% of total open interest, with unrealized profits of $3.66 million and $1.23 million in funding fee income. Arda6951's historical profit stands at $936,000, recovering from a drawdown of $10.1 million on May 14.

According to Lido, the protocol's development team is investigating an anomaly in today's stETH yield reestimation caused by an oracle report. The reestimation showed an annual yield rate of 2.04%, versus the expected 2.15%. The 0.11% discrepancy resulted from 32 ETH in pending validator stakes not being included in oracle calculations, not from validator slashing. Lido confirmed that user assets face no risk, and users require no action. The team is investigating the root cause. Once a fix is d

According to Onchain Lens, Hyperliquid generated $1.4 million in fees over the past 24 hours and burned 20,600 HYPE tokens valued at $1.2 million. The protocol has cumulatively burned 47.27 million HYPE worth $2.76 billion since inception, representing 4.73% of the maximum supply of 1 billion tokens.

The Bitcoin Policy Institute announced on Friday that it would be a founding partner in the US State Department's Freedom Tech Excellence Program (FTEP), alongside Palantir Technologies, Anduril Industries, and the Victims of Communism Memorial Foundation. According to the State Department, FTEP brings private sector talent for limited-term assignments to advance diplomatic efforts on online freedom of expression, privacy-enhancing technologies, countering digital surveillance, and responsible A

Ukrainian President Volodymyr Zelensky stated today that Russian satellite monitoring reveals Moscow is assisting Tehran in conducting strike operations in the Middle East.

According to Goldman Sachs, U.S. initial public offerings (IPOs) raised a record $225 billion in the first half of 2026, sparking debate over whether the market is showing early signs of excess. Owen Lamont, a senior portfolio manager at Acadian Asset Management, warned that the IPO surge meets one of four key bubble indicators—active equity issuance—which historically tends to precede extended bull markets in technology cycles. However, he noted that IPO first-day gains remain modest, suggestin

According to The Wall Street Journal on Friday, Robinhood is in talks with Crypto.com to add the crypto exchange's prediction market contracts to its brokerage app, intensifying competition with existing partner Kalshi. The arrangement would allow Robinhood customers to trade yes-or-no contracts from Crypto.com without leaving the platform. Robinhood currently sources event contracts from Kalshi, Interactive Brokers' ForecastEx, and Rothera, a CFTC-licensed exchange in which Robinhood invested a

According to Israeli public broadcaster Channel 11, citing Israeli officials, U.S. President Donald Trump postponed planned airstrikes on Iran on July 25 to provide additional opportunity for Iran to return to the negotiating table. Israel had prepared for a potential strong U.S. military action against Iran on the night of July 24. Israeli officials told Channel 11 that Trump decided to extend the deadline to give diplomacy another chance. The channel also reported that Iran's Supreme Leader Ay

According to t54, the company behind the XRPL x402 Facilitator, XRP Ledger now supports Mastercard's Verifiable Intent standard, adding cryptographic authorization and pre-settlement risk checks to AI-initiated payments. The integration enables developers to attach verifiable proof of authorization to autonomous transactions, verifying who approved the payment, spending limits, and the exact purchase authorized. Credentials are processed through the x402 Facilitator and routed to Trustline's ris

According to HyperliquidNews, Priority Fees has destroyed $5 million worth of hyperliquid:native tokens.

According to Iran's Islamic Revolutionary Guard Corps (IRGC) spokesman, the military force destroyed 11 U.S. fighter jets and helicopters over a 15-day period of combat operations.

According to ChainCatcher, Russia's largest bank Sberbank plans to launch crypto trading infrastructure and digital custody services by December 1 to support its regulated financial system. The new Russian crypto trading, custody and settlement regulations will take effect on September 1, while requirements for licensed intermediaries will apply from July 2027. Public crypto trading in Russia will be limited to assets meeting strict liquidity and market capitalization thresholds, while the use o

According to Axios, Trump instructed the U.S. military not to launch new strikes against Iran on Friday (July 24), breaking a 13-day consecutive bombing campaign. Two sources said the directive reflects Trump's willingness to create space for diplomacy while acknowledging that current strike operations have reached their operational limits without major escalation. The military remains prepared to resume operations if ordered.

According to CryptoQuant data cited by analyst Xaif Crypto, Upbit's XRP holdings have fallen to 6.43 billion XRP, marking the lowest level since May, while XRP trades at $1.10. Binance continues to hold roughly 200 million fewer XRP than its March peak. Exchange deposit and withdrawal activity on Binance has also declined significantly, dropping from approximately 650,000 transactions in June to roughly 350,000, representing a 46% decrease. The shrinking exchange reserves indicate investors are

According to Galaxy's head of research, the CLARITY Act includes a new provision protecting self-custody tokens from being classified as "lost" or "abandoned" under unclaimed property laws due to chain inactivity or dormancy. The protection ensures that federal law will take priority over state law in such cases, according to comments shared on X.

According to Houthi military spokesman Brigadier Yahya Saree, Iran-backed Houthi forces attacked two Aramco energy facilities in Saudi Arabia's Jizan and Yanbu on July 25 in retaliation for Saudi air strikes. The spokesman said forces used 10 ballistic missiles and drones to target the Jizan facility, and employed ballistic missiles, cruise missiles, and drones against the Yanbu facility. Both coastal cities host critical oil infrastructure of Saudi Aramco, the world's largest oil company. Saree

On Friday, July 25, President Trump announced the start of a Section 301 investigation into European Union trade practices after the European Commission fined Google $1 billion under its Digital Markets Act. Trump said the U.S. would not allow Europe to treat America as a "piggybank," accusing the EU of targeting major American technology companies through repeated penalties. The investigation follows cumulative EU fines totaling $21.5 billion against U.S. tech firms, including $15 billion again

According to Sudan Armed Forces, the military recaptured Bara in North Kordofan state from the Rapid Support Forces following intense fighting.

According to Odaily, DeFi aggregator Odos announced on July 25 that its operating company is winding down, with all services halting on July 30, 2026. The platform will enter read-only mode on July 27, allowing users to view balances and history but preventing new trades. Users holding assets in Odos-generated wallets must export private keys or transfer funds to self-custodied wallets before July 30. Odos routed over $104 billion in trading volume across approximately 15 blockchain networks sin