Gate Insights and Crypto Market Analysis

Cardano has been associated with 21 of 42 blockchain use cases highlighted by the United Nations Development Programme (UNDP), positioning the network across financial services, digital identity, public-sector infrastructure, sustainability and development programs. The network's involvement in

Kim Jung-kwan, South Korea's Minister of Trade, Industry and Energy, announced at a Cabinet meeting on the 11th a target to complete the Honam semiconductor cluster by 2029, with the first semiconductor fab scheduled for completion that year. The minister stated the goal is to accelerate cluster

Samsung SDI terminated its battery joint venture agreement with General Motors (GM) and will acquire GM's 49.99% stake to convert the joint venture into a wholly-owned subsidiary, the company announced following a board meeting on the 11th. The decision allows Samsung SDI to secure its first

Korea Casting & Forging signed a 2.6 billion won contract with Samsung Heavy Industries to supply large ship casting products, disclosed on the 11th. The contract covers approximately 12 vessels and reflects the company's accelerating order intake amid the shipbuilding industry boom. The agreement i

Bitcoin developer Luke Dashjr has been removed as an editor of Bitcoin Improvement Proposals following a dispute over his role in BIP 110. Mark Erhardt opened the pull request on Sunday after recommending Dashjr's removal on the Bitcoin Developer mailing list, citing Dashjr's heavy involvement in

HSBC Asia and Middle East Co-CEO David Liao stated Hong Kong is an "international wealth treasure trove" and expressed a positive outlook on the city's macroeconomic prospects in an interview with China News Service. HSBC raised its Hong Kong economic growth forecast to 4.5% this year, citing the ci

LG CNS announced plans to launch a new blockchain service in September targeting the stablecoin and digital asset market, according to Lee Jung-hwa, the company's Blockchain Director, speaking at the Injective institutional lunch forum held at Conrad Seoul on the 11th. The service will encompass

TD Cowen analyst Jaret Seiberg assigned a 75% probability that the CLARITY Act will fail to become law this fall in an Aug. 10 policy note provided to Bitcoin.com News. The assessment came days after Senate Majority Leader John Thune (R-SD) filed cloture on the motion to proceed Aug. 8, following th

KG Inicis and LINE Next signed an MOU on the 10th at KG Tower in Jung-gu, Seoul to commercialize stablecoin-based global payment services. The electronic payment company KG Inicis announced on the 11th that the partnership will integrate LINE Next's Unifi Pay stablecoin payment solution with KG Inic

Korean defense companies led by Hanwha achieved significant growth in 2024, with Hanwha ranking 21st globally according to Stockholm International Peace Research Institute (SIPRI) data, yet the combined arms sales of Korea's top four defense firms totaled $14.1 billion, representing just 2.1% of the

Korea Aerospace Industries (KAI) faces mounting financial and structural challenges following the recent resignation of former CEO Kang Gu-young in July, with Kim Jong-chul appointed as new president through an extraordinary shareholders' meeting. The company recorded negative operating cash flow of

Korean defense companies hold massive order backlogs totaling tens of trillions of won as of Q2, but orders remain heavily concentrated in Eastern Europe and the Middle East. Hyundai Rotem's defense division shows Poland's K2 tank contract accounting for 91.5% of its 9.8 trillion won order backlog,

South Korean defense contractors Hanwha Aerospace, Hyundai Rotem, and LIG D&A are managing increased financial demands as export orders surge in H1 2026. The three companies require substantial capital for production capacity expansion, localization, and research and development. Financial

Eli Lilly posted second-quarter revenue of $23 billion, up 48% year over year, prompting CNBC Investing Club portfolio analyst Jeff Marks to project the drugmaker's GLP-1 stock momentum will extend for years. During a Mad Money segment, Marks stated that Eli Lilly's GLP-1 sales trajectory points 'to

The American Enterprise Institute (AEI) published a report on August 11 warning that the United States faces potential bond market crisis as foreign central banks continue reducing US Treasury holdings and the government expands short-term debt issuance while long-term yields rise. The

Philippine banks disclosed significant unrealized losses in government bond portfolios during the first quarter of 2026 as rising interest rates eroded market values. Security Bank reported cumulative unrealized losses equivalent to 7.5% of its Common Equity Tier 1 (CET1) capital, more than double t