Gate Insights and Crypto Market Analysis

Hong Kong stocks closed higher on the last trading day of July, with the Hang Seng Index rising 25 points to 25,884 points, marking a fifth consecutive day of gains. The index accumulated a weekly gain of 921 points (3.69%) and a monthly surge of 3,003 points (13.13%) in July, reversing losses of 59

AFX, a decentralized derivatives protocol, will release a goodwill recovery plan on August 3 for users affected by a $24.15 million USDC exploit that occurred on July 22 at 9:27 p.m. UTC. The attack originated from a social engineering campaign starting July 9, in which a threat actor posing as a re

U.S. stock futures rose in early Friday trade, with Nasdaq futures up 1.2% and S&P 500, Dow, and Russell 2000 futures climbing 0.5% as of 4:00 a.m. ET, driven by Amazon's strong earnings that reinforced investor confidence in artificial intelligence revenue growth, while Apple shares fell over 7%

Hyosung Heavy Industries reported Q2 operating profit of 264.3 billion won, up 60.89% year-over-year, and revenue of 1.687 trillion won, up 10.6%, marking a quarterly operating profit record. The performance was driven by increased sales in the high-margin US market. Parent company Hyosung saw opera

Doosan approved the acquisition of SK Siltron on the 31st, purchasing a 70.6% stake from SK for approximately 2.3 trillion won. The board resolution authorized a stock purchase agreement (SPA) for Korea's only semiconductor wafer manufacturer, a move aimed at securing a sustainable revenue base

Chip stocks extended their rally in premarket trading on Friday, with the iShares Semiconductor ETF (SOXX) gaining 3% and the Roundhill Memory ETF (DRAM) advancing 2.4%. The second-day rally followed Amazon and Microsoft announcing increased capital spending to cover higher memory costs as

The Kospi closed July with a sharp rebound while Bitcoin remained stable near $64,300 despite major security and market developments. South Korean equities recovered as semiconductor stocks including Samsung Electronics and SK Hynix attracted renewed buying, yet Bitcoin showed little reaction to

Japanese stock indices closed higher on the 31st, with the Nikkei 225 rising 2,494.59 points (4.03%) to 64,362.02 and the Topix gaining 50.80 points (1.29%) to 4,003.30. The rally was driven by strong buying in AI and semiconductor stocks

Foreign investors continued selling short-term Korean government bonds on the 31st, marking seven consecutive trading days of net selling through the previous day, according to bond market participants. The selling intensified as rising swap rates eliminated arbitrage incentives that previously

The US Internal Revenue Service Criminal Investigation unit issued a fraud alert Thursday warning that scammers are mailing counterfeit letters to crypto holders. The fake letters direct recipients to a spoofed 'Digital Asset Compliance Portal' via QR codes, designed to steal digital assets and

ASEAN+3 Macroeconomic Research Office (AMRO) economists Chengxu Fu and Xiaguo Huang proposed that pricing AI compute and infrastructure in U.S. dollars could trigger a reinforced economic loop strengthening dollar-pegged stablecoin dominance. The economists identified two channels:

The UK Financial Conduct Authority publicly censured Equity For Growth (Securities) Limited on Thursday after finding the firm approved minibond financial promotions that failed to disclose substantial commissions paid to appointed representatives and introducers. The promotions were deemed

On July 30, 2026, spot Bitcoin ETFs recorded $233 million in net inflows, with BlackRock's IBIT ETF contributing $183 million — approximately 79% of the total. The single-day surge followed a seven-day period during which Bitcoin ETFs shed 3,170 BTC, according to BeInCrypto, and came after the

EcoproHN is pursuing a contract exceeding 200 billion won to supply Regenerative Catalytic System (RCS) equipment to Micron's new Idaho fabrication facilities ID1 and ID2, according to investment banking sources on the 31st. The South Korean environmental solutions provider is seeking to supply

AI-focused hedge fund Situational Awareness sold a majority of its portfolio to Citadel on July 30 after facing a margin call triggered by a sharp decline in technology stocks, according to Financial Times and Wall Street Journal. The fund's 24-year-old founder Leopold Aschenbrenner, a former

South Korea's Financial Services Commission on July 31 imposed a 1.5-month business suspension and a 50 billion won fine on Lotte Card following a cyber breach that exposed personal information of 2.97 million customers. The sanctions stem from security violations including failure to patch online p

Kim Yong-beom, Director of the Presidential Policy Office, sparked backlash from retail investors on July 29 after attributing South Korea's stock market volatility to high individual investor participation and 'dynamic' investment patterns. Kim made the remarks to reporters in Brasília, Brazil,

South Korea's Financial Services Commission approved amendments to Korea Exchange listing rules on July 31, implementing strict restrictions on dual listings where parent company subsidiaries list separately. The new regulations take effect August 3, following public consultation on draft

Kioxia Holdings reported Q1 FY2026 (April–June) revenue of ¥1.7671 trillion, up 415.5% year-over-year, and operating profit of ¥1.27 trillion, a sharp increase from ¥44.9 billion in the prior-year period, according to a disclosure on the 31st. The surge was driven by AI server NAND flash demand