Gate Cryptocurrency News and Market Analysis

Project Sekai, a CTF team established in 2021, qualified for the SCAN 2026 finals scheduled for September 28 at 9 AM at Monaco Space in Seocho-gu, Seoul. The four-member team advanced from a preliminary round of 416 teams comprising 754 participants. Most team members work as security engineers at b

Tardigrades, a team of security researchers from blockchain auditing firm Cantina, advanced to the SCAN 2026 digital asset tracking competition finals scheduled for September 28 at 9 AM in Seoul. The team secured their position among 20 finalists from 416 competing teams by developing a custom AI

DigiFT, a digital asset exchange holding regulatory licenses from the Monetary Authority of Singapore (MAS) and Hong Kong's Securities and Futures Commission (SFC), signed a strategic memorandum of understanding (MOU) with Arco, an institutional on-chain infrastructure provider, on the 20th. The

Polymarket, an overseas prediction market platform, had its access blocked in South Korea as of the 20th (Korean time), two days after the Korea Communications Standards Commission (방송미디어통신심의위원회) voted to block the site on the 18th (Korean time). The regulator determined Polymarket constitutes

Kakao Pay and Kakao stocks rose sharply on the morning of the 20th following US President Donald Trump's call for congressional passage of the CLARITY Act digital asset legislation. As of 10:55 AM on the 20th, Kakao Pay

Spot bitcoin exchange-traded funds in the U.S. reported $517.19 million in net inflows on Wednesday, marking the largest single-day inflow since May 4. Eight of 12 bitcoin ETFs recorded net inflows, led by BlackRock's IBIT with $284.7 million, Ark & 21Shares' ARKB with $77.7 million, and Fidelity's

IQ launched the 'KRWQ Gift Service' on the 20th, allowing global users to send Korean gift cards via the KRWQ stablecoin on Base network. The service eliminates the need for a Korean bank account, with gift cards delivered to recipients immediately after payment completion. Korea has a world-class g

Hanwha Systems, the defense and ICT affiliate of Hanwha Group, acquired approximately 410,000 KAIA tokens in the first half of the year. According to an amended semi-annual report disclosed August 20 (Korean time), total holdings reached 8.36 million KAIA. The acquisition relates to the company's

Ripple secured US$275 million through an upsized private placement of senior unsecured notes via Ripple Prime, its non-bank prime brokerage. The capital will support working capital and general corporate purposes as the unit

SK Hynix could return a minimum of 180 trillion won to shareholders by 2027, separate from its recently announced 40 trillion won share buyback and cancellation program, according to JP Morgan analyst Jay Kwon. The projection, disclosed in a report on the 20th and covered by Bloomberg, is based on t

President Donald Trump stated at a Wednesday White House meeting that CFTC Chairman Michael Selig is working to bring Hyperliquid into the United States. Trump told crypto and prediction market executives that the offshore perpetuals venue could be brought onshore in a fully compliant and legal

Korean financial regulators extended single-stock leveraged ETF deposit requirements to overseas products on July 31, requiring investors to maintain 30 million won in cash deposits. The regulation caused trading volumes for Tesla, SanDisk,

Gangnam-gu apartment prices in Seoul turned downward in the third week of August, recording a decline of 0.03% as of the 17th, according to KB Real Estate's weekly market report released on the 20th. The decline followed the recent tax reform announcement, which triggered increased selling

Korea Investment & Trust Management's ACE High Dividend Plus Covered Call Active ETF reached 1026 billion won in cumulative individual net purchases as of the previous day's closing price on the Korea Exchange, according to the company on August 20. The milestone was achieved approximately two and a

SpaceX recovered its Starship upper stage intact near Christmas Island on the 18th (local time), 24 days after launching from Texas Starbase on the 24th of last month. The 52-meter vehicle, designated 'Ship 40' for the 13th test flight, remained upright and floating in the ocean—the first time a Sta

South Korea's government plans to increase the National Property Management Fund's investment in risky assets including stocks and alternative investments from the current 28.9% to over 40% by 2030, as announced during the 29th National Property Policy Review Committee meeting chaired by Deputy

The U.S. Office of the Comptroller of the Currency is targeting November to finalize its principal regulations implementing the GENIUS Act, the federal framework governing payment stablecoin issuers. Comptroller of the Currency Jonathan Gould disclosed the timetable Wednesday at the Wyoming

The US national debt crossed $40 trillion for the first time, according to latest Treasury data. Total federal debt stands at approximately $40.05 trillion, comprising about $32.27 trillion held by the public and $7.78 trillion in intragovernmental holdings. The Treasury reported a $432 billion

Samsung Electronics Korean stocks surged 8.59% intraday on the 20th, touching 273,000 won, as investor expectations mounted over a potential shareholder return plan exceeding 100 trillion won. The stock rally followed market speculation that the company's board would discuss special cash dividend

Samsung Electronics experienced a short-term stock adjustment following a recent rise in US long-term interest rates, but KB Securities analyst Kim Dong-won characterized the movement as an overreaction to macro uncertainty in a report issued on the 20th. The analyst attributed the stock pressure to