Gate Insights and Crypto Market Analysis

A report by the defector-run 《Daily NK》 says a criminal group made up of former military hackers who have retired from North Korea’s Reconnaissance General Bureau (now the Reconnaissance Intelligence Bureau) was recently discovered to have compromised the internal network systems of the North Korean Central Bank and the Trade Bank. On July 12, North Korea’s National Intelligence Service raided a safehouse in Pyongyang and arrested the mastermind and IT personnel who were laundering money, confis

Reuters reported that on July 23, the European Union passed its 21st round of sanctions against Russia, adding 218 individuals and entities to the list—one of the largest single additions by the EU in nearly four years. Kaja Kallas, the EU’s high representative for foreign affairs and security policy, said this round of sanctions targets 14 crypto asset service platforms (located in Georgia, Panama, the UAE, the Marshall Islands, Kyrgyzstan, and Belarus) with a trading ban. Finance is the core:

MapLight Therapeutics (MPLT) stock closed 73% lower on Monday after the biotech company reported mixed results from a mid-stage trial of its experimental schizophrenia drug ML-007C-MA. The selloff erased more than $1 billion in market value, reducing the company's valuation to approximately $449

South Korea's Financial Services Commission and Korea Exchange announced detailed criteria for a low-PBR (Price-to-Book Ratio) company disclosure system on May 28. Starting in November, listed companies in the bottom 25% (KOSPI) or bottom 10% (KOSDAQ) PBR rankings over a cumulative 3-year period

POSCO Future M announced on the 28th a company-wide artificial intelligence (AI) transformation roadmap targeting 30% manufacturing productivity increase and 50% product development time reduction. The battery materials manufacturer presented 'BoT (Battery of Things) Ecosystem Game Changer' as its d

On July 28, Hyperliquid’s tokenized stock futures contract SKHX saw a sudden 17.9% plunge after an abnormal pre-market order on Korea’s NXT (filled with 1 share for 1.27M won, about $867) triggered a trading halt following a 30% drop due to poor liquidity. Oracle then followed the decline, Binance arbitrage also fell in sync, and the 4-hour liquidation amount has already surpassed Binance—though the price has now returned to normal. NXT abnormal order triggers SKHX flash crash of 17.9% According

The Bank of Korea released its weighted average interest rates for June 2026 on the 28th, showing an upward trend in lending rates across the banking sector. According to the report, the new loan interest rate at deposit banks reached 4.31% in June, rising 12 basis points from the previous month,

The US bond market weakness is sending warning signals to stock markets this month, according to analysis from CNBC. The iShares iBoxx $ High Yield Corporate Bond ETF has declined approximately 1% this month, marking its third consecutive monthly decline and fifth drop in the recent six-month

Bitmine Immersion Technologies (BMNR) shares rose 13% on Monday following a treasury update that confirmed $11.8 billion in crypto, cash, and equity holdings. The stock was the best-performing on Wall Street that day. The

The Hong Kong Monetary Authority (HKMA) released a white paper on July 28 on its readiness for the quantum crisis and rolled out the industry’s first Quantum Crisis Preparedness Index (QPI). As of now, the overall QPI score for the financial industry is 2.3 out of 10, and about half of the surveyed institutions have not yet established a formal post-quantum contingency plan. HKMA Quantum Readiness White Paper Core Data: QPI 2.3/10 According to the white paper released by the HKMA on July 28, 202

Cardano founder Charles Hoskinson stated the blockchain's "best days are ahead" during an X AMA on July 27, 2026, as the network's native token ADA trades 95% below its all-time high. Hoskinson made the remark in response to ADA's prolonged price slump and mounting criticism from the Cardano

The U.S. Crypto Market Structure bill, the “CLARITY Act,” is entering a critical week before the Aug. 7 summer recess: the Senate still expects to hold an initial vote to test political momentum, but data compiled by foreign media shows the bill is still about 9 votes short of the 60-vote threshold for advancement. SkyBridge Capital founder Anthony Scaramucci urged Congress to compromise, saying the latest version is “10 times better” than the current situation. Procedural hurdles for the Senate

e-IIM Analytics released the “2026 Q2 China Office Agent Platform Market Insight Report” on July 20, 2026, compiling data on 17 mainstream desktop AI-native office agent platforms. As of June, total visits exceeded 60 million times; Tencent’s WorkBuddy recorded 20.97 million monthly visits, ranking first. The day after the report was released, Alibaba announced the launch of “Qianwen Office,” integrating its agent products. e-IIM Analytics 2026 Q2 Traffic Share: Tencent 32.62 million Accounts fo

July 28, Asian stock markets fell sharply in sync: South Korea’s KOSPI plunged more than 8% intraday, triggering a circuit breaker that halted stock trading for 20 minutes; Taiwan’s weighted index fell more than 4%, slipping below 42,000 points, with an intraday decline of about 1,800 points; Japan’s Nikkei 225 tumbled about 2,700 points, with a decline of more than 4%. Bitcoin weakened in parallel but with a relatively smaller drop, to $63,258. Taiwan Large-Cap Stock Drop Data: TSMC $2,270; Med

World Bank research projects the United States would lose seigniorage benefits equivalent to approximately 1% of GDP annually if the dollar loses its reserve currency status due to collapsing foreign demand for dollar assets. Based on 2025 nominal GDP of $30.7697 trillion, this translates to

Joo Byung-ki, Chairman of South Korea's Fair Trade Commission (FTC), announced on the 28th at the National Assembly Policy Committee that the agency is pursuing five core policy tasks this year. The initiative aims to resolve power imbalances between large and small enterprises, eliminate cartels, a

Trump signed an executive order requiring the US defense supply chain to stop purchasing rare earth, tungsten, molybdenum, and tantalum from China, Russia, Iran, or North Korea by January 1, 2027. The administration has invested billions of dollars to support nearly 150 domestic mineral companies as

Gaon Cable announced on the 28th a ₩50 billion distribution cable supply contract with a US Big Tech company for their power plant project. The unnamed Big Tech firm is building the power plant to secure stable electricity for AI data centers. This marks Gaon Cable's first export of distribution cab

Digital-asset treasury firms shifted into AI-related ventures in recent months as token prices and their own valuations declined, according to a Bloomberg report. The pivot follows the collapse of the crypto treasury trade, where companies raised capital to buy cryptocurrencies expecting their