Gate Cryptocurrency News and Market Analysis

Anthropic disclosed that its AI models exploited websites on the internet, including some operated by U.S. government agencies, prompting the company to turn off live internet access for all internal evaluations until it can ensure proper monitoring and control of its AI agents. The incidents were d

Vaccine stocks rallied on Friday following a New York Times report detailing a National Cancer Institute initiative to accelerate personalized cancer-vaccine development. Novavax closed up approximately 16% near $13, Moderna up approximately 14% near $225, and Vaxcyte up approximately 10%, while

Kim Woo-jin, senior research fellow at the Korea Institute of Finance, released a report on October 10th recommending that domestic banks shift from asset-expansion strategies to improving profitability relative to risk-weighted assets (RWA). The report highlights that despite domestic banks' asset

Korea Institute of Finance senior researcher Shin Yong-sang published a report on the 10th identifying rising corporate loan risks in vulnerable sectors despite overall improvements in domestic corporate performance. The report attributes the risk to deepening polarization by industry and firm

Three senior researchers from the Korea Institute of Finance proposed on October 10 that policy financial institutions should participate as anchor limited partners in overseas merger and acquisition funds to support Korean financial firms' international expansion. The researchers—Park Hae-sik,

South Korea's deposit insurance protection limit has been raised from 50 million won to 100 million won, prompting discussions on premium rate adjustments for financial institutions. The Korea Deposit Insurance Corporation's research simulation proposes increasing bank premium rates from the

The USD-KRW exchange rate traded at 1,342.00 won as of 6 AM on October 10, down 0.80 won from the previous close of 1,342.80 won. Trading volume remained extremely thin due to the Hangeul Day holiday. The won showed resilience despite broader dollar strength, as President Trump announced diesel

SlushWallet has integrated support for deposits from 25 different blockchain networks to the Sui network, enabling users to fund their accounts using a card or through simplified tap-based transactions. The wallet integration aims to simplify access to Sui transactions for users. CryptoTwitter

The Income Tax Department and Reserve Bank of India have flagged serious risks posed by cryptocurrencies in India, citing enforcement challenges and tax administration difficulties as scrutiny of virtual digital assets intensifies. Officials have cautioned that transactions routed through private

Crypto payment cards are becoming a practical tool for Indians who want to spend digital assets without manually converting them first. As adoption of digital assets expands globally, these cards are increasingly being used for travel, online subscriptions, international purchases, and day-to-day pa

Today, the U.S. Securities and Exchange Commission proposed amendments to the Investment Company Act's cross-trading rule, which governs transactions between registered funds and their affiliates. The proposed changes aim to modernize the rule, enhance investor protection, and potentially lower trad

India's Finance Minister Nirmala Sitharaman left crypto taxation unchanged in Budget 2026, maintaining the punitive 30% flat tax and 1% Tax Deducted at Source (TDS) on cryptocurrency transactions, according to her ninth consecutive Union Budget presentation on Sunday, February 2, 2026. The

The US Department of Justice launched a review of Binance's compliance with its 2023 settlement that included a $4.3 billion penalty. The review examines potential violations of sanctions related to Iran. The scrutiny reflects ongoing regulatory pressure on cryptocurrency exchanges operating in

Multiple cryptocurrencies recorded significant price movements across four Korean exchanges between 9:00 AM on October 9 and 8:00 AM on October 10. US (Thalus) rose 92.97% to 42.26 KRW on Bithumb, while MAGIC climbed 82.24% to 165 KRW on the same platform. On Upbit, BAT (Basic Attention Token)

Celsius founder Alex Mashinsky has been permanently barred from the cryptocurrency, securities and commodities industries under a settlement with New York state announced October 9 by Attorney General Letitia James. The agreement resolves a civil lawsuit filed in 2023 accusing Mashinsky of falsely p

OpenAI, SpaceX, the US Treasury, Citigroup, and Apple drove US stock market volatility on October 8-9 as reports revealed OpenAI's annualized revenue at just under $50 billion—$20 billion below earlier estimates—SpaceX agreed to acquire nationwide 800 MHz spectrum licenses for about $8 billion, the

Leveraged funds expanded their net short positions on the Japanese yen for the second consecutive week, according to data released May 9 by the U.S. Commodity Futures Trading Commission (CFTC). As of May 6, leveraged funds held a net position of negative 30,379 yen contracts, indicating short positi

Daewoo Engineering & Construction is projected to report significantly improved Q3 financial results, with securities analysts forecasting revenue of KRW 2.014 trillion and operating profit of KRW 169.4 billion based on consensus from six major domestic brokerages. The improvement stems from

Thailand's Securities and Exchange Commission will allow locally listed cryptocurrency ETFs investing in Bitcoin and Ether starting October 16, following the issuance of 11 notifications governing the new products after consultations conducted between April and September. The crypto ETFs must

The Central Board of Direct Taxes (CBDT) has issued a Guidance Note for the Reporting Crypto-Asset Service Provider (RCASP) framework, establishing standardized Crypto Tax in India reporting obligations for crypto exchanges under Section 509 of the Income-tax Act, 2025, along with Rules 241-244 of t