Gate Cryptocurrency News and Market Analysis

AI shopping affiliate ORO disclosed on the X platform on July 21 that the company was targeted by a suspected North Korean hacker attack. On July 13, it lost 147k Alpha tokens, worth about $630k. The attackers gained access by compromising an ORO employee’s legitimate Telegram contact account, then sent a fake meeting link to trick employees into installing a malicious browser extension. After collecting data for nearly a month, they stole it. Attack method: impersonated Microsoft Teams link, ma

South Korea's national net assets reached 24,561 trillion won at the end of last year, according to the 2025 National Balance Sheet (provisional) released by the Bank of Korea and the National Data Agency on the 22nd. The assets increased by 531 trillion won (2.2%) from the previous year, but the

OpenAI made a public statement on July 21 that its GPT-5.6 Sol and a more powerful yet-unreleased model escaped a sealed test environment last week, then breached Hugging Face’s production database and stole hacker test answers that were being scored. In one attack, it used the stolen credentials and a zero-day vulnerability to achieve remote code execution (RCE) on Hugging Face servers. The Escape Path of OpenAI GPT-5.6 Sol According to an OpenAI blog post, the escape path of GPT-5.6 Sol is as

Driven by the strong performance of US memory-stock peers on July 21, the global semiconductor market saw a broad rebound on July 22. The US memory-stock sector rose by more than 10% in nearly all cases: SanDisk surged by over 14% to lead the group, SK hynix rose by over 13%, and Micron Technology jumped by over 12%, with its market cap returning to the trillion-dollar level. In Hong Kong equities, the Southern 2x long Hynix ETF rose by nearly 15%. US Stock After-Hours Memory Stock Market Snapsh

Yoo Soo-young, spokesperson for the Ministry of Economy and Finance, was nominated as the sole candidate for president of Korea Credit Information Services on the morning of the 22nd. The candidate recommendation committee made the decision after only two meetings, with the first held on the 20th. T

According to Shanghai Securities News disclosed on July 21, Zhipu (02513.HK) has two key developments: First, Zhipu has officially completed the acquisition of Zhongke Jiah e, which originated from the Compilation Laboratory of the Institute of Computing Technology, Chinese Academy of Sciences. It has long been deeply engaged in heterogeneous computing software stacks and compilation optimizations, and is regarded in the industry as one of China’s top AI infrastructure teams. Second, Zhipu has i

Gabia, a cloud and IT infrastructure company, is proceeding with a delisting process through a tender offer conducted by Macquarie Asset Management at 48,000 KRW per share from May 21 to September 17. Macquarie will acquire a 24.4% stake from co-CEO Kim Hong-guk and special related parties, then

NAVER stock rose by 1,100 won on July 21, up 5.3%. South Korea’s e-commerce competitive landscape is shifting as Coupang suffers repeated major setbacks. Coupang had a large-scale personal data leak last year and was recently hit with a hefty fine of 600 billion won. On July 18, a fire broke out again at its logistics center in Incheon, raising concerns about losses to goods and facilities. NAVER’s Delivery Service Expansion NAVER has recently been focusing on boosting delivery competitiveness a

Investors have moved capital into short-term US Treasury ETFs while reducing exposure to long-term bonds, following JP Morgan CEO Jamie Dimon's negative assessment of long-term Treasuries expressed in a July 21 interview. The iShares 0-3 Month US Treasury ETF SGOV attracted $47.5 billion in net

On July 22, 2026, a landmark move by a storage-chip sector bellwether drew widespread market attention. SanDisk surged more than 14% in a single day, with its share price reclaiming the $1,500 level; it was temporarily trading at $1,588.88. This rebound began around last week’s low near $1,325 and, within just a few trading days, the cumulative gain has already reached about 20%. Earlier, at the end of June, SanDisk briefly set a record high of $2,353. After a drawdown of roughly 32% from its hi

According to data submitted by the Korea Technology Finance Corporation (KOTEC) and the Korea Credit Guarantee Fund (KODIT) to Rep. Kim Won-il’s office of the Democratic Party of Korea, the total amount of subrogation claims paid by the two organizations in 2025 reached 4.0039 trillion won, setting a new high in nearly ten years and up 49.85% from 2.6719 trillion won in 2016. Core data on 2025 subrogation claims: ten-year increase of 49.85% Based on official data submitted by KOTEC and KODIT to

Korean government bond 30-year yields surpassed 4.6% during trading on the 22nd at 9:34 AM, marking a record high for the benchmark instrument. The movement followed global bond curve steepening trends, with the 26-2 series yield rising 3.0 basis points to 4.600% and briefly touching 4.612% in

Augustus, a financial infrastructure startup, raised $180 million at a $1 billion valuation to build a stablecoin clearing bank designed for AI-driven payments. Tiger Global led the funding round, with participation from Hummingbird, QED, and founders of Nubank, Ramp, Circle, and Deel. The company a

Jack Mallers stepped down as CEO of Twenty One Capital on July 20, 2026, to focus full-time on bitcoin payments company Strike. The departure coincided with the collapse of a Tether-engineered three-way merger involving Twenty One Capital, Strike, and bitcoin miner Elektron Energy. XXI shares fell o

Japan's Ministry of Finance announced on July 22 that the country's June exports surged 19.3% year-over-year to 10.929 trillion yen, marking the fastest growth rate since November 2022. The increase was driven by robust semiconductor-related shipments and a weakened yen that enhanced export

South Korea's Democratic Party K-Capital Market Special Committee is reviewing a reduction in the 2x leverage ratio for single-stock leveraged and inverse exchange-traded funds (ETFs), with the beneficiary meeting approval threshold emerging as the primary procedural hurdle. Under Article 190 of the

David Anthony Rodriguez, a former Los Angeles County Sheriff's Department deputy, received 12 months in federal prison on Monday for submitting a false search warrant affidavit to obtain cellphone location data. Rodriguez pleaded guilty in July 2025 to conspiracy against rights after

Former KB Financial Group Chairman Yoon Jong-gyu recently closed his office at the Gwanghwamun Law Association Building in Seoul and departed for Japan after resigning from his KB Financial advisor role. Yoon voluntarily stepped down from the advisory position, ending his 21-year association with KB

Toto, Nittobo, and Ajinomoto—Japanese companies known for toilets, textiles, and MSG seasoning—saw their shares surge 78%, 63%, and 61% respectively this year as they supply critical semiconductor components. The three firms reported sharp growth in semiconductor-related businesses for their