Gate Crypto Flash News and Market Updates

Bank of Korea Governor Shin Hyun-sung stated today that he does not agree with the view that the interest rate hike will exacerbate stock market volatility.

According to ChainCatcher, Tanzania's central bank is completing a regulatory framework for digital assets, including virtual assets, cryptocurrencies, and stablecoins, said central bank Governor Emmanuel Tutuba. The framework aims to strengthen oversight and protect domestic investors who have

According to South Korea's Financial Services Commission, announced via EToday, the regulator has approved recovery and resolution plans for 2026 covering 10 financial institutions from five major groups—Shinhan, KB, Hana, Woori, and NH Nonghyup—and formally incorporated digital bank run and

According to CNBC, during Senate Banking Committee hearings on July 15, Federal Reserve Chair Kevin Warsh and Board Member Lisa Cook clashed over whether AI-related spending would fuel inflation.
Cook warned that semiconductor, advanced equipment, and software price increases could drive inflation,

According to Counterpoint Research, global smartphone shipments fell 11% year-over-year in the second quarter of 2026, marking the worst Q2 performance in 13 years. The decline is primarily driven by an artificial intelligence-induced memory chip shortage, with memory prices surging

According to Yonhapinfomax, on July 16, South Korea's President Lee Jae-myung ordered the government to strengthen mandatory labeling requirements for AI-generated videos and images, citing widespread misuse risks. The President stated that AI-created content has become difficult to distinguish

According to a CNBC interview on July 15, Warren Buffett, CEO of Berkshire Hathaway, called Kevin Walsh's appointment as Federal Reserve chair a "good choice." Buffett said he believes Walsh will do his best to maintain 2% inflation and achieve maximum employment as mandated. However, when asked

According to official announcement, AXON Finance, a PayFi AI-native Layer 1 project, completed $2 million in strategic funding today (July 16), with investment from InfiniteAll AI, UZ Capital, and BMF. The funding will support the launch of its first open ecosystem product—a U.S. stock copy

Gate News: On July 16, according to Gate market data, as of the time of publication, US (Talus) is trading at $0.03472. It is up 36.08% over the past 24 hours, with a high of $0.03692 and a low of $0.026. The 24-hour trading volume is $2.6965 million. Its current market cap is approximately $76.384 million. Talus Network is an AI agent execution layer designed to provide verifiable on-chain workflows for consumer applications and developer tools. Its ecosystem consists of Nexus (a decentralized

According to Bloomberg, Microsoft told sales staff at internal meetings yesterday to pitch Copilot and its broader AI platform against OpenAI and Anthropic based on lower costs, wider product coverage, and enterprise security. CEO Satya Nadella cited Unilever as an example, noting that a

According to Beating, Anthropic is currently negotiating with multiple banks to expand its existing $2.5 billion revolving credit facility by billions of dollars to build a cash buffer for its planned IPO this year. A revolving credit facility represents available credit that can be drawn at any

According to BlockBeats, citing Hyperinsight monitoring data, on July 16, an address beginning with 0x91d suffered its largest unrealized loss on Hyperliquid's SPCX trading platform as the token declined to $132.34 intraday. The address, which opened its position during SPCX's post-launch rally,

According to Hyperinsight, a whale (0x8af...) accumulated long positions in SK Hynix (SKHX) on July 15 afternoon near $1,440, with a total of 8.616 million dollars at an average entry price of $1,439.91. The token subsequently plummeted, falling to around $1,237 as of July 16, representing a 14%

According to the Financial Supervisory Service, 16 of 146 South Korean listed companies that completed share consolidations since February 12 have fallen back to trading below 1,000 Korean won as of July 15, a 10.9% failure rate. Wonpoong Materials, which executed a 2:1 consolidation on May 12,

According to Jim Cramer on CNBC, July 15, Big Tech stocks rallied on investor sentiment recovery rather than fundamental business improvements. Alphabet rose over 3% following Warren Buffett's confirmation that he personally directed Berkshire Hathaway's investment in the company, easing market

According to Yonhap Infomax, Japan's Nikkei 225 index fell 2.25% to 67,204.22 on July 16 morning, while the TOPIX index dropped 0.84% to 4,053.74. The decline followed a selloff in U.S. semiconductor stocks overnight, with the Philadelphia Semiconductor Index falling over 2%. Japanese chip and

Hyundai Motor Group announced today (July 16) plans to acquire additional stake in Boston Dynamics in response to SoftBank's exercise of its put option on the robotics company. The group said the acquisition will accelerate decision-making and execution speed of its long-term robotics strategy. Hyun

According to CNBC analyst Michael Khouw, IBM plunged 25% on July 14 after announcing preliminary second-quarter earnings of $17.2 billion, missing market expectations of $17.9 billion. The decline marks the stock's largest single-day drop since at least 1968. IBM's Infrastructure business revenue

According to Yonhapinfomax, South Korea's Bank of Korea reported on July 16 that overnight call rates stood at 2.564% on the previous trading day (July 15). Base reserve funds faced a shortfall of 14.3 trillion won, with cumulative reserves short by 50.5 trillion won. Overnight call market trading v

According to Shanghai Metal Market, MMLC battery-grade lithium carbonate traded at a midpoint price of 150,950 yuan/ton this morning, down 1,250 yuan/ton from the previous day's 4:30 PM closing price.