Gate Cryptocurrency News and Market Analysis

Bank of Korea Deputy Governor Kwon Min-soo emphasized that financial asset tokenization can significantly enhance trading, clearing, and settlement efficiency, but policymakers must also prepare for new financial stability vulnerabilities it may introduce. Speaking at the International Monetary

Shinsegae Property is raising approximately 1 trillion won through a private bond issuance with Meritz Securities to fund its investment in the Warner Bros. Discovery acquisition. The real estate arm of South Korea's Shinsegae Group invested $1 billion (approximately 1.4 trillion won) in Warner Bros

Grayscale's Zcash exchange-traded fund surpassed $1 billion in assets under management within 30 trading days of its launch, according to The Block's Oct. 7 report. Krista Lynch, Grayscale's managing director for trading and capital markets, stated at the Token2049 conference in Singapore that the Z

The Federal Communications Commission will vote Oct.29 on a proposed 25 megahertz spectrum auction to support satellite-to-smartphone connectivity, while seeking public comment on an additional 482 MHz for supplemental coverage from space. The proposals could expand opportunities for Space

Former New York Governor Andrew Cuomo stated on Tuesday at Token2049 that the crypto industry's heavy backing of US Republicans has alienated Democrats whose support is needed to pass federal crypto legislation. Speaking in a panel with OKX CEO Star Xu, Cuomo said the industry believed in

The International Monetary Fund (IMF) published a chapter on tokenization in its Global Financial Stability Report (GFSR) on the 8th, emphasizing that while asset tokenization brings efficiency gains, it also poses financial stability risks requiring policy intervention. The IMF stated tokenization—

Japanese investors holding French government bonds may accelerate portfolio reallocation away from these assets, according to an October 8 report by MUFG. The bank cited increasing risks that some large Japanese asset managers could execute significant sales of French bonds. Two factors are

Ethereum early adopter pinosaur.eth unstaked 9,618 ETH worth approximately $24.58 million and deposited the funds to Kraken exchange on October 8, 2026, according to CryptoTwitter commentator @lookonchain. The wallet originally purchased this ETH at $50 per token, spending $373,000 total. The

Michael Burry published a Substack blog post on Wednesday warning that much of the billions being invested in AI infrastructure could become 'sunk cost.' The 'Big Short' investor argued that 'compression' will eventually make some massive AI investments uneconomical, stating 'Ultimately, compression

A Bitcoin whale wallet identified as bc1q4h transferred 4,500 BTC, valued at approximately $375.72 million, after over four years of inactivity. The movement was highlighted by commentator @lookonchain and has drawn attention from traders monitoring large-holder behavior. The broader crypto market c

South Korea's Financial Services Commission (FSC) Chairman Lee Bok-won stated on October 8 during a National Assembly Policy Committee audit that the Digital Asset Basic Law and KRW stablecoin institutionalization framework are in final negotiations, with content already prepared. The statement

Alibaba Cloud, the cloud computing division of Alibaba Group, announced on October 7 (local time) a partnership with blockchain network Sui to establish an on-chain payment environment enabling artificial intelligence (AI) agents to access cloud services. The collaboration integrates Sui Agent

Wells Fargo is in negotiations with Payward, the parent company of global crypto exchange Kraken, to receive digital asset trading liquidity, CoinDesk reported on October 7 (local time), citing two sources familiar with the matter. The talks aim to enable Wells Fargo to offer crypto trading

Memecore Foundation denied selling its native cryptocurrency M tokens on the market, according to Chief Marketing Officer Cherry Hsu in an interview on October 6 in Seoul's Gangnam district. The foundation faced multiple market manipulation allegations throughout the year, with controversies

Cointelegraph, a US-based crypto news outlet founded in 2013, is seeking a buyer according to a CoinDesk report published on October 7 (local time) citing anonymous sources. The sale process comes as prolonged downturn in digital asset prices has reduced user interest across crypto media

US spot-Bitcoin exchange-traded funds recorded $484.9 million in net outflows in a single day, marking the largest withdrawal since June 25. According to Trader T data on Oct. 7, the outflows occurred as Bitcoin fell to approximately $83,000, its lowest daily close in 17 days. BlackRock's IBIT led w

FOMO platform users received a phishing attack alert issued by security commentator @SlowMist_Team. The attackers use a bookmark-based method involving fake CAPTCHA prompts and malicious JavaScript code to compromise user accounts and steal crypto assets. This warning highlights the evolution of phi

US spot Ethereum exchange-traded funds recorded net outflows of $160.9 million in a single day, according to Trader T data published on Oct. 7. Cumulative net outflows over the past five trading sessions reached $506.3 million, marking the largest outflow period since Jan. 23. The concentrated

Digital Asset co-founder and CEO Yuval Rooz stated at Token2049 in Singapore that the crypto industry should accelerate institutional adoption during the current regulatory environment. Rooz argued that widespread blockchain use could make it harder for future administrations to reverse industry