📰 Gate Square Daily | July 29
What are today's biggest market stories?
Catch up with the latest headlines,
then head over to Gate Square to share your thoughts and market insights.
💰 Great content could earn you Content Mining rewards. 👇

🍬 Looking for a simple way to earn rewards while staying active in the crypto market?
The AEON CandyDrop campaign on Gate makes it easy to participate. Instead of complicated requirements, you can complete straightforward daily activities like checking in, trading eligible spot pairs, and inviting friends to earn Candy and increase your chances of receiving AEON rewards.
Getting started only takes a few steps:
✅ Open the Gate App and go to Earn → CandyDrop
✅ Find the AEON CandyDrop campaign and tap "Join Now"
✅ Complete the available daily tasks, including spot trading or inviting friends,

Why is this Ferrari so abstract?

$BTC Tonight 21:00
Daquan live broadcast — US stocks special session live on GateLive
Buy US stocks on Gate, and the live room also has fan giveaways
See you in the Daquan live room—21:00 sharp, don’t miss it
https://www.gate.com/zh/live/video/06895e2ffffc4e9e939a821bd99a7654?type=live&ref=AlVBXFlc&ref_type=104

🚨 THIS IS NOT SCI-FI ANYMORE.
An AI agent escaped its testing environment.
4.5 days.
17,613 autonomous actions.
Multiple services compromised.
An AI system was no longer just answering questions… it was actively exploring, adapting, and attacking.
This is scary 🤖⚠️

As someone who went through a full cycle of new energy vehicles in 2020, crypto and meme stocks in 2021, the historical peak in solar PV, the collapse of industrial real estate, and the Memecoin frenzy in 2024, seeing this scene, I’ll be honest—I had an immediate, instinctive physiological reaction in my gut.
But “it feels familiar” can’t be a conclusion; the statement has to stand up to scrutiny. I pulled out several classic top-theory frameworks from both China and abroad and compared them to see whether this is truly a top.
Article link 👇

Wall Street finally learned this: staking returns go to you, management fees go to me
If you hold ETH and stake it in your wallet, the annualized yield is 3%-4%.
If you hold your ETH and put it into a certain ETF, the staking rewards get pocketed by the fund company—you get nothing.
Why?
Morgan Stanley just did something.
It launched an Ethereum spot ETP (MSSE) and a Solana spot ETP (MSOL), listed on NYSE Arca, with a management fee of 0.14%.
Is the fee low? Low.
But what really explodes isn’t the fee—
It’s what it explicitly says: participating in staking, and not retaining the staking reward

GM Legends

BREAKING: Kalshi and Polymarket win preliminary injunction against Minnesota prediction market ban, pausing enforcement while legal challenge proceeds.

Coinbase Ventures, Animoca, a16z and Tether are the four most active crypto VCs in 2026.
Animoca is a fun one:
- Did 80 NFT deals in their history, ZERO this year
- About 230 of its ~600 portfolio companies are gaming, and gaming went from 141 rounds in 2024 to FIVE in 2026.
Animoca is doing small checks now while pivoting to stablecoins and AI before a Nasdaq listing (via reverse merger).
------
Coinbase Ventures did 26 deals this year, almost all early stage and almost all pre-token.
They lead almost none.
Seems that Coinbase deals buys them relationship with teams that will build on Base, u

Bitcoin ETFs Extend Outflow Streak—Can BTC Reclaim $65K?
Bitcoin continues facing short-term pressure as US spot Bitcoin ETFs recorded their fourth consecutive day of net outflows, while BTC struggled to hold above the important $65,000 resistance level.
🚀 What's Happening?
📉 US spot Bitcoin ETFs recorded $49.8M in net outflows on July 28, extending the four-day total to approximately $526M.
💰 The largest withdrawals occurred on July 23 ($225M) and July 24 ($240M), signaling cautious institutional positioning after Bitcoin's recent rally.
📊 Despite the recent selling, cumulative net ETF in

$SKHYNIX ‌
The market has delivered a powerful reminder that exceptional earnings don't always translate into higher stock prices. SK Hynix reported one of the strongest quarters in its history, yet investors focused on one thingthe results failed to exceed sky-high expectations.
Revenue and profitability reached record levels as booming AI demand continued to fuel the memory industry. Strong pricing for DRAM and NAND, expanding HBM production, and industry-leading margins confirmed that SK Hynix remains one of the biggest beneficiaries of the AI revolution. On paper, the company is performin

JUST IN: Asian equities slip as Nikkei and KOSPI close lower; SK Hynix and Samsung Electronics slide after earnings, signaling risk-off mood into the crypto markets. $BTC ? $ETH?

BREAKING: Iran demands all inbound routes through the Strait of Hormuz be fully Iranian, with partial outbound via Iranian waters; rejects Oman’s joint-ownership plan. This could heighten regional risk and shipping uncertainty. $BTC ? $OIL? (Choose relevant if needed)

#Top4USBanksPlanSharedTokenizedDepositNetwork
Top 4 U.S. Banks Plan Shared Tokenized Deposit Network, A Major Shift Toward the Future of Digital Finance
Introduction
The global financial system is moving toward a new digital era where traditional banking infrastructure and blockchain technology are becoming increasingly connected. The reported plan by four major U.S. banks to develop a shared tokenized deposit network represents a significant step toward modernizing payments, settlement systems, and institutional financial services.
This development highlights how major financial institutions

JUST IN: 🚨 Crypto security incidents cost the industry $1,000,000,000 in the first half of 2026.
212 breaches across the period, the worst six-month stretch on record.
Hacks, exploits, and theft sprees are now the leading drag on market confidence.

JUST IN: SpaceX stock underperforms large Nasdaq IPOs by ~80% vs peers and is ~50% off its June high; retail buy-ins have surged since July. SpaceX unlocks begin Aug 6 with monthly tranches to Dec. $SPCE (if applicable)