Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

Latest Articles

More

PaperTrade’s notional trading volume hit $596.2 billion on its first day, prompting officials to tighten the open interest cap to curb manipulation

According to multiple data sources, PaperTrade launched on Oct. 10 with 1,000x leverage and no LP. During the pre-deposit phase, 11,465 addresses deposited approximately $138 million in total, while 24-hour notional trading volume was approximately $596.28 billion. TradingBeats monitored 14,158 liquidated positions, with Isolated Margin losses of approximately $23.12M. Day-One Data: 11,465 Addresses Deposited $138 Million According to protocol statistics and TradingBeats monitoring, PaperTrade's
ETH1.15%
Bisc·5m ago
PaperTrade首日名目交易量5962億美元

Seoul Forex Dealers Forecast USD/KRW at 1,340 Won Amid Houthi Attack

Seoul forex dealers forecast the USD/KRW exchange rate will trade heavily around the 1,340 won level on October 12, despite strong dollar pressure. Over the weekend, Yemen's Houthi forces attacked King Khalid International Airport in Riyadh, Saudi Arabia, expanding risk-off sentiment in markets.
GateMacroTradfiHub·6m ago
Seoul Forex Dealers Forecast USD/KRW at 1,340 Won Amid Houthi Attack

Gate Daily (October 12): Strategy issues a buy signal for Bitcoin; Thailand’s SEC releases Crypto ETF regulations

Bitcoin (BTC) rebounded from its weekend low, trading at around $83,760 as of October 12. Strategy Chairman Michael Saylor posted Bitcoin Tracker data again and may disclose changes in the company’s holdings this week. Thailand’s Securities and Exchange Commission (SEC) officially released regulations for crypto asset ETFs, initially allowing only Bitcoin and Ethereum, with the rules set to take effect on October 16. Macro Events & Crypto Highlights According to CoinTelegraph, Strategy Chairman
BTC0.78%
ETH1.15%
STRC0.20%
MU-0.69%
COIN4.30%
Bisc·9m ago
Strategy發布買入比特幣訊號;泰國SEC釋加密ETF規範

South Korea Allocates 200 Billion Won for Supply Chain Overseas Investment

Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il announced on the 12th at the Government Seoul Complex that the government will expand the role of the Supply Chain Stabilization Fund and invest 200 billion won in securing overseas production bases. Lee chaired the Supply Chain
GateCryptoFrontier·14m ago
South Korea Allocates 200 Billion Won for Supply Chain Overseas Investment

South Korea Cites Norway Model to Defend Bond Issuance Policy

South Korean Finance Minister Park Hong-geun defended the government's Future Response Fund policy at a National Assembly audit on October 8, citing Norway's sovereign wealth fund model as justification for maintaining large-scale government bond issuance while accumulating reserves. Park argued
GateMacroTradfiHub·14m ago
South Korea Cites Norway Model to Defend Bond Issuance Policy

BOK Chooses Wholesale CBDC for 2027 Tokenized Treasury Pilot

The Bank of Korea will use a wholesale central bank digital currency rather than private stablecoins as the settlement asset for a tokenized Treasury pilot set for 2027, according to materials the BOK submitted to the National Assembly's Strategy and Finance Committee. The Electronic Times
Bloomingbit·20m ago
BOK Chooses Wholesale CBDC for 2027 Tokenized Treasury Pilot

Coldcard’s official X account posted a phishing message impersonating a firmware vulnerability notification

The official X account of Coldcard, a Bitcoin hardware wallet brand, @COLDCARDwallet, published a phishing post on October 11 impersonating a notice that the Mk4, Mk5, and Q models had “critical firmware vulnerabilities” and urging users to transfer their funds immediately through a phishing website. The post has since been deleted, and Coldcard has submitted an urgent investigation request to X, stating that access to the account has been strictly restricted since 2017. Phishing Post Tactics: F
BTC0.78%
Bisc·27m ago
Coldcard官方X帳號出現釣魚貼文

XRP Ledger integer overflow vulnerability disclosed; XRPL Foundation clarifies that no new XRP was created

According to an official XRPL vulnerability disclosure report published on October 9, an integer overflow vulnerability that had remained latent in the XRP Ledger payment engine since 2015 could have allowed the total XRP supply to exceed the 100 billion limit. Its severity rating was raised from Major to the highest level, Critical, that day, and it was fixed on September 25 with xrpld version 3.4.1. Vulnerability Disclosure: Severity Rating Raised from Major to Critical According to the offici
XRP0.27%
Bisc·31m ago
XRP Ledger整數溢位漏洞揭露

Trump announces a Russia-Ukraine energy ceasefire, driving Bitcoin’s rebound to $83,771

Bitcoin (BTC) traded around $83,771.70 on Oct. 12, while the resistance zone between $83,900 and $84,200 limited the room for the recent rebound to extend. On the macro front, U.S. President Trump suddenly announced on Truth Social on Oct. 11 that Russia and Ukraine had reached an energy ceasefire, saying it was “effective immediately”; Ukrainian President Zelenskyy said he was still waiting for specific details. Trump Suddenly Announces Russia-Ukraine Energy Ceasefire on Oct. 11 Trump posted on
BTC0.78%
Bisc·34m ago
川普宣布俄烏能源停火帶動比特幣反彈

Japan and US Markets Close for October Holidays

Japan's financial markets closed on October 12 for Sports Day, while US bond markets also shut for Columbus Day, though the New York Stock Exchange remained open. Sports Day, observed annually on the second Monday of October, commemorates the 1964 Tokyo Olympics. Columbus Day, also falling on the se
GateMacroTradfiHub·42m ago
Japan and US Markets Close for October Holidays

Commerzbank: France Fiscal Crisis Unlikely to Trigger Eurozone Contagion

Commerzbank Chief Economist Jörg Krämer issued a report on October 9 (local time) analyzing France's fiscal instability and eurozone contagion risks. The report stated that concerns over France's high national debt and rising fiscal burden, along with fears of crisis spillover to other heavily
GateMacroTradfiHub·43m ago
Commerzbank: France Fiscal Crisis Unlikely to Trigger Eurozone Contagion

Korea Proposes DeFi Access Restrictions Amid AML Concerns

The Korea Financial Research Institute submitted a report to the Financial Services Commission proposing access restrictions for decentralized finance (DeFi) platforms, triggering market concerns. The report, delivered at the end of last year, recommends classifying DeFi services as unlicensed
GateCryptoDesk·49m ago
Korea Proposes DeFi Access Restrictions Amid AML Concerns