Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

X Money Extends to Premium+ Users With $10M FDIC Coverage via Cash Sweep

X Money has extended its service to Premium+ users and introduced the X Cash Sweep Program, which provides up to $10 million in Federal Deposit Insurance Corporation (FDIC) coverage—approximately 40 times the standard $250,000 limit for a single insured account. The program distributes customer
CryptoFrontier·2h fa
X Money Extends to Premium+ Users With $10M FDIC Coverage via Cash Sweep

X Money Expands to U.S. Users, Receives Test Payments from Fans

X Money expanded to a wider set of U.S. users on June 25, after months of delays. Almost immediately, users began sending Elon Musk small amounts of money to test the payments service built into X (formerly Twitter). One user posted that he sent $25 directly to Musk 'for no other reason than I
DOGE1,24%
CryptoFrontier·3h fa
X Money Expands to U.S. Users, Receives Test Payments from Fans

Sophon Shuts Down Layer 2 Blockchain, Moves to Base Network

Sophon announced on June 25 that it will shut down its ZK-powered Layer 2 blockchain and move to Coinbase's Base network, pivoting from infrastructure toward consumer applications. The decision follows the project's conclusion that maintaining a general-purpose blockchain no longer justified the
SOPH-0,52%
EthanBrooks·3h fa
Sophon Shuts Down Layer 2 Blockchain, Moves to Base Network

Rocket Lab Breaks Record with 16-Hour Rapid-Response Space Force Launch

Rocket Lab launched the Victus Haze mission Friday just 16 hours and 42 minutes after receiving the US Space Force's Notice to Launch, beating the previous record by more than 10 hours, the company said. The mission demonstrated how the military and its commercial partners might quickly assess a
CryptoFrontier·4h fa
Rocket Lab Breaks Record with 16-Hour Rapid-Response Space Force Launch

Sellas Short Interest Hits 33% of Float as Executive Contracts Change

Sellas Life Sciences Group saw short interest in its stock climb to a record 33% of the float as of June 15, according to Koyfin data, while the company amended executive severance agreements in an SEC filing on Thursday. The changes allow CEO Angelos Stergiou to receive eligible severance
LucasBennett·4h fa
Sellas Short Interest Hits 33% of Float as Executive Contracts Change

BSP Grants Banks Temporary Relief on Paper Losses Through 2026

The Bangko Sentral ng Pilipinas issued Memorandum No. M-2026-027 allowing Philippine banks and quasi-banks to temporarily exclude unrealized losses on peso government securities from regulatory capital computations from April 1 to December 31, 2026. The relief measure responds to market volatility t
LucasBennett·4h fa
BSP Grants Banks Temporary Relief on Paper Losses Through 2026