Gate Insights and Crypto Market Analysis

Pakistan's Virtual Assets Regulatory Authority (PVARA) opened its licensing portal after notifying regulations for crypto exchanges and VASPs. Companies providing virtual asset services on or before March 5 must submit an application for a no-objection certificate (NOC) by Sept. 5 or cease

South Korean Finance Minister Park Hong-geun stated on August 24 that surplus tax revenue does not have to be deposited into the Future Response Fund. Park made the remarks during a comprehensive policy inquiry at the National Assembly Budget and Accounts Special Committee, responding to concerns

KB Securities underwrote the full 40 billion won issuance of Donghwa Enterprise corporate bonds in June, marking the third consecutive year the securities firm has served as lead underwriter despite institutional investors' complete withdrawal from the deal. Institutional orders for Donghwa Enterpri

Bitcoin fell below $76,000 over the weekend as traders took profits following a rapid rally. BTC dropped to an intraday low around $75,600 on August 23 before recovering above $77,000 later in the session, representing a decline of roughly 5% from the nearly $79,500 high reached during the

Iran threatened to target US private oil companies operating in the Middle East on the 23rd (local time), marking the first time Tehran has explicitly named civilian energy firms as potential attack targets. Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, stated the threat

Robinhood Markets Inc. CEO Vlad Tenev responded to Tesla and SpaceX CEO Elon Musk's Mars 'prophecy' over the weekend with his own science fiction reference. Tenev posted on X that Kim Stanley Robinson's Mars Trilogy features a character named Vladimir 'Vlad' Taneev, portrayed as one of the

SK Hynix stated on the 24th that the company is reviewing various options including construction of additional production bases to strengthen memory business competitiveness, but nothing has been confirmed. The statement came in response to reports that SK Hynix is pursuing memory semiconductor

South Korean cryptocurrency exchange Upbit recorded approximately 1.15 trillion won, or $830 million, in trading volume within a single hour on August 22. The surge occurred during the hour beginning around 5:00 a.m. UTC, according to market data cited by Wu Blockchain. Sharp market volatility

Hyperliquid's Builder Codes ecosystem processed $984 million in daily perpetual futures trading volume on August 21, marking an all-time high for trades carrying Builder Codes according to Blockworks Research data cited by Wu Blockchain. The record volume was routed by external applications

US President Donald Trump purchased shares of crypto-related brokerage Robinhood (HOOD) in June while selling shares of Coinbase (COIN) and Strategy (MSTR), according to a periodic trading report disclosed by the US Office of Government Ethics (OGE) on the 20th local time. The OGE Form 278-T

The Sandbox contained a cross-chain bridge security breach on August 22 that allowed attackers to mint enormous quantities of unbacked SAND on Base and BNB Smart Chain, prompting major cryptocurrency exchanges to restrict transfers. Initial on-chain alerts showed more than 500 million SAND had

The U.K. government announced on Aug. 18 that a London court had wound up Key Coin Assets Ltd. a week earlier. An investigation by the Insolvency Service found no evidence the company conducted any of the crypto trading it advertised, while nine investors who reported to Action Fraud paid the firm o

US Treasury Secretary Scott Bessent announced upcoming Iran sanctions via a Financial Times op-ed on the 23rd (local time), calling the measures an 'economic D-Day' aimed at cutting all economic lifelines sustaining the Iranian regime. Bessent stated the goal is to pressure Tehran into complete

Korean government bonds showed mixed performance on August 24 as foreign investors drove futures market gains while a bond auction produced split results. At 11:04 AM, the 3-year benchmark bond yield traded at 3.857%, up 0.2 basis points from the previous session's closing average, while the 10-year

At the beginning of this week, the energy market received a set of seemingly contradictory yet logically consistent signals: Traffic through the Strait of Hormuz surged nearly 400% within two weeks, while WTI and Brent crude oil prices fell by more than 1% in response. This price movement clearly shows that the market is pricing in a marginal easing of supply disruption risks. However, when we shift our focus from the headline figure of “400%” to the detailed traffic data released by the United

Tesla's Full Self-Driving (FSD) supervised system is currently used on some US-made vehicles in South Korea. Expansion to China-made vehicles remains uncertain despite a legislative proposal. Last month, Democratic Party lawmaker Song Ki-heon introduced a bill addressing Driver Control Assistance

Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults on Sunday, according to blockchain security firms PeckShield

Bitcoin (BTC) recorded its largest dollar-denominated weekly gain in history, gaining $14,264 to close the week at $77,387, representing a 22.7% gain in seven days. The rally was triggered by the U.S. Treasury Department's announcement last week of an expansion of its buyback program, which

US Stock Market News: Last Friday, U.S. stocks rebounded as the Dow Jones Industrial Average rose 0.98% to 53,277.01. The move came after the U.S. composite PMI for August rose to 56.0, a four-year high, easing concerns about an economic slowdown. Stock Market News Today also centered on Nvidia's earnings report and the Jackson Hole central bank symposium, after the S&P 500 and Nasdaq posted their first weekly losses in four weeks and the Dow fell for a second consecutive week.

Wildberries and Ozon will begin accepting the digital ruble in Russia in the coming weeks, representatives of the marketplaces told the RIA Novosti and Prime news agencies. Ozon will launch a test mode on September 1 alongside other payment methods, while Wildberries said it is acting in accordance with the requirements of the Bank of Russia and current regulations. The digital ruble system has been under development for several years: the first real transactions began in 2023, while its launch