Gate Cryptocurrency News and Market Analysis

Eli Lilly (LLY) reported third-quarter earnings that beat expectations on Oct 31, 2026, driving the pharmaceutical giant's stock to a record high of more than $1,300 as US Stock Market News highlighted the company's dominant position in weight loss drugs (4:00 PM ET / 1:30 AM IST). The company

The FBI attributed a $6 billion Binance hack to North Korean hackers, specifically a group known as TraderTraitor, in an announcement made in the past 24 hours. The attribution was jointly reported by the FBI, US Secret Service, and IRS Criminal Investigation, according to WuBlockchain. The agency s

South Korean market analysts project downward pressure on the USD-KRW exchange rate following the US midterm elections scheduled for November 3 (local time), citing reduced uncertainty and interest rate stability as key drivers. Moon Hong-chul, asset strategy team leader at DB Securities, stated

Blockchain security experts and the Ethereum community warned about quantum computing threats to cryptographic systems during a summit held in Cambridge. The specialists gathered to explore solutions for quantum-resistant cryptography as quantum computing advances could undermine current

The Bitcoin white paper turned 18 on October 31, renewing debate over the financial system Satoshi Nakamoto sought to challenge when he published the document in 2008. Released weeks after the US government approved a $700 billion bailout package for struggling banks during the global financial

The United States and South Korea experienced divergent consumer spending patterns in recent quarters despite both economies benefiting from artificial intelligence industry growth. US personal consumption increased 0.9% quarter-on-quarter in Q3 following a 0.9% gain in Q2, while South Korean

Kraken's tokenized equities platform xStocks surpassed $1 billion in assets under management on October 27, according to Payward's October 28 announcement. The milestone reflects growing investor demand for exposure to traditional financial markets through blockchain infrastructure. Assets under man

Arbitrum's tokenized funds reached $1.1 billion in market cap, driven by key issuers Spiko Finance and Securitize, according to Twitter commentator @arbitrum. The growth is fueled by significant deployments including over $56 million from FTDA's BENJI money market fund now hosted on the Arbitrum

President Lee Jae-myung posted on X on May 28 seeking public input on mandatory tender offer rules, sparking investor backlash. The criticism centers on concerns that the proposed system would allow controlling

US stock market participants are focusing on Big Tech earnings and employment data for the week of November 2-6, even as US midterm elections take place. The shift follows last week's volatility in AI-related stocks, with the Nasdaq Composite falling 2.00% and the Philadelphia Semiconductor Index

NH Amundi Asset Management's 'HANARO Global Physical AI Active' ETF will be delisted from the Korean stock exchange after failing to meet correlation coefficient requirements, the Korea Exchange announced on November 30. The ETF becomes the sixth active exchange-traded fund to exit the market due to

Approximately 225 million XRP, worth about $281 million, is backing $151.8 million in stablecoin loans through Maple Finance, with two major repayment deadlines approaching in December 2026 and a third scheduled for January 2027. The positions, disclosed through Maple's syrupUSDC and syrupUSDT

Polymarket suffered a coordinated security breach on October 29 that drained approximately $2.73 million from 737 user accounts within a single hour, according to a blockchain investigation published by Bitquery. Attackers executed 985 unauthorized withdrawals between 17:10 and 18:10 UTC by

Fitch Ratings changed France's sovereign debt outlook from stable to negative on October 30 while maintaining the country's A+ credit rating. The agency warned that government debt could climb from 115.7% of GDP in 2025 to approximately 124% by 2028, according to Reuters, citing weaker economic

Polkadot showcased developer tools and privacy innovations at the Web3 Summit 2026, according to details published by Parity Technologies. Temporary networks at the event facilitated activities including coffee purchases and smart contract deployment without attendees needing to identify which

CFTC Chairman Michael Selig argued the Binance hack demonstrates why offshore crypto exchanges require U.S. oversight, speaking to CNBC on Friday about the roughly $6.4 billion theft. Selig said the breach "proves our exact point" behind crypto-market regulations the CFTC proposed earlier this

Ethereum hosts 54% of all stablecoins, according to a recent observation by crypto commentator Token Terminal. The network's dominance in the stablecoin market reflects its capacity to facilitate various financial instruments, with tokenized stocks on Ethereum rising 170% year-on-year to $827

Solana emerged as the leading blockchain for real-world asset (RWA) net inflows, attracting over $900 million in the last 30 days. The milestone, reported by CryptoTwitter commentator @SolanaFloor, reflects growing trader interest in Solana's infrastructure. As RWA markets evolve, this positions Sol

Intel shares plunged nearly 30% to $65.76 on Friday, erasing over $146 billion in market value, after the chipmaker issued fourth-quarter guidance below Wall Street expectations. Intel expects Q4 revenue between $15 billion and $16 billion, compared with analysts' $17.07 billion estimate, while