Gate Crypto Flash News and Market Updates

According to New Mexico State Land Commissioner on July 14, the state regulator rejected Energy Transfer LP's application for natural gas pipeline right-of-way and commercial lease, determining that the project does not serve the state's best

According to 404 Media, a hacker breached AI music platform Suno in 2025 using malware called the Shai-Hulud worm and leaked source code documenting the company's training dataset. The compromised files revealed Suno scraped 113,879 hours from YouTube Music, 62,117 hours from stock library

According to the National Association of Realtors, the U.S. Pending Home Sales Index dropped 5.4% in June, significantly worse than the 0.5% decline economists had forecasted. The NAR announced the data on Thursday, citing elevated mortgage rates and record-high home prices as headwinds for the

On Thursday, July 16, offshore yuan (CNH) traded at 6.7732 against the U.S. dollar by New York close (Friday 04:59 Beijing time), down 45 pips from Wednesday's close. The pair ranged between 6.7649 and 6.7755 during the

On July 16, spot gold fell 2.08% to $3,975.93 per troy ounce during New York trading, approaching the June 30 low of $3,943.29. Spot silver declined 3.97% to $55.5054 per ounce, while spot palladium fell 5.09% to $1,254.10 per ounce. COMEX gold futures fell 1.79% to $3,979.20 per ounce, and COMEX si

According to Chainalysis, cryptocurrency theft reached $3.4 billion from January through early December 2025, with the Bybit exchange hack on February 21 alone accounting for $1.5 billion. The FBI attributed the attack to North Korea's Lazarus Group, specifically the TraderTraitor cluster,

According to Bloomberg, Anthropic is targeting October 2026 for its initial public offering, potentially ahead of OpenAI and marking one of the AI industry's largest public debuts in recent years.
The generative AI startup has begun arranging roadshows and investor meetings with underwriters,

According to Jeff Schmid, president of the Kansas City Federal Reserve, on July 16 at an economic forum in Nebraska, inflation remains his primary concern as it continues to run hot and above the Fed's 2% target for an extended period. Schmid stated that inflationary pressures have broadened

According to the European Commission, Google will be forced to open access to competing AI platforms on Android devices and share search data to enable interoperability, as part of new Digital Markets Act (DMA) enforcement measures announced recently. Currently, Google's Gemini receives exclusive

According to Netflix, the company reported Q2 earnings per share of $0.80 and revenue of $12.56 billion on July 16, exceeding the EPS forecast of $0.79 but falling short of the revenue expectation of $12.59 billion.
The company guided Q3 EPS at $0.82 against analyst consensus of $0.84, while revenu

According to Iranian media, the U.S. military struck the Bandar Abbas railway hub on Wednesday, injuring two people.

According to Iranian media, U.S. military strikes hit the Abadan port railway hub, leaving 2 people injured.

On Wednesday, Xpeng CEO He Xiaopeng announced at the Mona L03 SUV launch event in Munich that the company is surveying potential locations in Germany and other countries. He Xiaopeng stated the company hopes to expand cooperation with Volkswagen, noting that both firms are jointly developing

According to Semafor, U.S. President Donald Trump discussed the Venezuelan election in a speech earlier today (July 16).

According to Atlanta Fed's GDP Now model, the U.S. second-quarter economic growth estimate was raised to 1.7% on an annualized basis on July 16. This represents a 0.4 percentage-point increase from the previous estimate of 1.3% on July 8. The model also lifted its estimate for real personal

Data center company Csquare Inc. (CSQR) closed down 1.57% at $20.67 on its first day of trading on the U.S. market on July 16.

According to The Wall Street Journal, thousands of unionized Hyundai auto workers began walking off the job in early July after negotiations with the South Korean automaker broke down over plans to deploy humanoid robots. Workers at the Ulsan facility ended their day and night shifts two hours early

According to a press release, Crypto.com announced Thursday that it has secured $400 million in strategic investment from Citadel Securities at a $20 billion valuation. This marks the platform's first institutional financing round in its 10-year history.
The funding will support Crypto.com's

According to Venezuelan officials, Venezuela targets oil production of 1.4 million barrels per day by the end of 2026. The announcement reflects the country's efforts to ramp up energy output amid broader economic

U.S. micro-cap initial public offerings have plummeted year-to-date, with only 13 companies listing on Nasdaq and the New York Stock Exchange as of mid-July 2026, compared to approximately 80 listings by mid-2025. The decline follows regulatory crackdowns on suspected pump-and-dump schemes, during w