Gate Crypto Flash News and Market Updates

The onshore yuan closed at 6.7706 against the US dollar at 4:30 p.m. Beijing time on July 23, up 34 points from the previous trading day's official close and 44 points from the prior evening session close.

According to an official announcement on July 23, 2026, BitMEX will permanently cease operations on September 23, 2026. The decision was made by HDR Global Trading Limited, the exchange's owner. Users are advised to close all open positions and withdraw funds before the shutdown date, with roughly t

According to blockchain security firm Blockaid, the Verus-Ethereum Bridge was exploited on Wednesday, with attackers draining approximately $7.54 million in crypto assets through the same vulnerability class used in the protocol's May breach. The attacker abused the bridge's import path to trigger u

According to foreign media, the Dutch court in The Hague on July 23 rejected Halozyme Therapeutics' request for a temporary injunction to ban Keytruda Curcix sales in Denmark and Sweden. Keytruda Curcix is a product developed by U.S. Merck (MSD) using Alteogen's subcutaneous formulation

According to Guru Club, Beijing's development authorities announced policy measures on July 23 to accelerate smart agent-led innovation and foster a new intelligent economy. The city will encourage Token economy development and cultivate new business models including Token-as-a-Service (TaaS),

According to Iran's PressTV, Iranian military has strengthened its combat capability during the ceasefire period, increasing preparedness for various enemy scenarios and developing new operational plans.

According to Bloomberg, Asian hedge funds experienced sharp declines in July amid a broader market selloff, reversing strong first-half gains. WT China Fund fell 17% by July 17, down from a 120% surge in the first six months. Keystone Investors Pte's hedge fund declined 12% in the same period

According to Press TV, Iran's military spokesperson said on July 23 the armed forces have prepared a new response plan and will continue retaliatory actions if the United States persists in attacking Iranian infrastructure and coastal

According to Goldman Sachs' July 20 Top of Mind report, U.S. IPO financing exceeded $125 billion in 2026, breaking the full-year 2021 record, with annual projections potentially surpassing $200 billion. However, IPO volumes remain modest at approximately 60 deals, significantly below the 400 deals i

According to Maeil Business Newspaper, Kolong Tissue Gene fell limit-down for three consecutive days on July 23, dropping 29.95% to 21,050 Korean won. The stock has plummeted 85.87% from its 52-week high of 149,000 won recorded on May 12, following the failure of its TG-C cell gene therapy for

According to the securities industry, major South Korean brokerage firms are broadening access to testamentary trust products by simplifying contract structures and lowering entry barriers. Following market entries by large brokerages last year, firms are now expanding customized inheritance

According to Gene Munster, Managing Partner at Deepwater Asset Management, merger odds between Tesla and SpaceX rose to 90% on July 23, up from 80% prior to Tesla's Q2 earnings call. TSLA shares fell 5% premarket while SPCX rose over 1%.
Munster said Tesla's willingness to discuss merger

According to ChainCatcher, Gate's gStocks platform expanded global equity trading recently, with industrial machinery stocks showing relative resilience amid broader market headwinds. ARM/USDT (ARM Holdings) was quoted at $284.29, down 1.13% in 24 hours, while Caterpillar/USDT (CAT)

According to CoinGlass' H1 2026 market report cited by ChainCatcher, TradFi perpetual futures volume across major exchanges totaled approximately $1.2 trillion in the first half of 2026, with June accounting for 33.7% of the volume. Market share is concentrated among top CEX platforms: Binance led w

According to Guru Club, economist Liu Yuhui warned on July 23 that the AI industry faces a structural imbalance: semiconductor producers enjoy soaring margins while downstream cloud giants are burning through cash. China's competitive advantage lies in superior industrial capacity and engineering

According to Reuters and WSJ, Lockheed Martin announced the mass production plan for PAC-3 ACE, a low-cost Patriot air defense missile, on July 20 at the Farnborough Air Show. The new missile will be priced at less than half of the existing PAC-3 MSE model, which costs approximately $4 million per u

According to Bloomberg, Galaxy Digital seeks $3.5 billion in debt financing for its Helios data center complex in Dickens County, Texas, with pricing expected on Thursday. The company plans to issue bonds at approximately 9% yield, with Morgan Stanley and Goldman Sachs serving as lead

Hong Kong's main indices all rose on July 23, with the Hang Seng Index gaining 1.28% or 318.15 points to close at 25,210.81, on total turnover of HK$234.38 billion. The Hang Seng China Enterprises Index rose 1.23% to 8,352.67, while the Hang Seng Tech Index gained 0.65% to 4,698.48.
Lithium

According to Bloomberg, KKR & Co. plans to gradually sell its stake in Li Chang Rong, a Taiwanese chemical company and Taiwan Semiconductor Manufacturing Company (TSMC) supplier. Li Chang Rong's president stated that KKR's exit will help accelerate the family-owned firm's expansion in

According to sources, Kazakhstan's Tengiz oil field production fell to 406,000 barrels per day on Wednesday, sharply down from the July monthly average of 925,000 barrels per day.