Gate Cryptocurrency News and Market Analysis

Tokenized stocks on Solana generated $12.4 billion in decentralized exchange trading volume year-to-date, according to data highlighted by CryptoTwitter commentator Token Terminal. This trading activity reflects growing adoption of tokenized assets on the Solana blockchain. Solana's infrastructure s

The Ethereum Foundation introduced zkAPI on Oct. 1 alongside the Open Anonymity Project, a system now live on Ethereum mainnet that lets users deposit ETH, USDC or other supported assets into an onchain vault before authorizing API usage with zero-knowledge proofs. The system is designed to break th

SHIB has officially launched on the Solana network through the Sunrise integration, according to CryptoTwitter commentator @solana. The integration aims to enhance SHIB's ecosystem by increasing transaction efficiency and accessibility through Solana's infrastructure. Solana's network is known for i

President Donald Trump announced on Truth Social on Sunday the creation of a "Super Intelligence Force" to coordinate federal AI policy, with Director of National Intelligence Jay Clayton leading as the administration's AI czar. The task force will coordinate federal engagement with consumers,

GTC surged 11.36% within one hour to reach $0.13489, driven by significantly spiked trading volumes. Over 24 hours, the cryptocurrency recorded a 17.43% increase with trading volume reaching approximately $2,664,592.66. The rapid price movement marks a recovery from the 24-hour low of $0.11152,

Richard Teng stated that tokenized stocks are gaining prominence and becoming integral components of the onchain economy. Teng, associated with Binance, made this statement in a recent tweet. Binance operates a tokenized stocks initiative called bStocks, which enables users to trade U.S. stocks as t

NAV Coin experienced a sharp price decline, falling 12.47% in just 5 minutes to $0.046059 amid selling pressure across the cryptocurrency market. The decline occurred as traders reacted to heightened volatility in the altcoin space, with low trading volume of $13.83 indicating thin market flow. The

Solana reported that tokenized stock trading volume crossed approximately $4.4 billion in September. The blockchain platform disclosed the milestone in a social media announcement, highlighting activity in blockchain-based stock trading. Tokenized stocks represent shares traded using blockchain

The Independent Community Bankers of America filed a lawsuit Friday in the U.S. District Court for the District of Columbia against the Office of the Comptroller of the Currency. The trade group challenges the regulator's authority to grant national trust bank charters to cryptocurrency companies, a

Senator Cynthia Lummis revealed in a recent tweet that Democrats expressed concerns about memecoins during negotiations for the Clarity Act. The negotiations aimed to explicitly include memecoins and network tokens in the proposed regulation to prevent them from falling through regulatory gaps.

Russia's Ministry of Finance paid employees in digital rubles for the first time on Oct. 1, extending the central bank digital currency into government payroll after the Sept. 1 mass rollout. The payments occurred through accounts on the Bank of Russia's digital ruble platform, with participation re

David Robinson, who spent approximately three and a half years at OpenAI leading safety report writing for major model launches, resigned from the company and published an essay in The Atlantic stating that OpenAI's culture is "broken." Robinson's departure came days after OpenAI parted ways with th

Microsoft's official X account with over 13 million followers was compromised by attackers who used the profile to promote an unauthorized cryptocurrency tied to Clippy, the company's former Office assistant. The account briefly followed

U.S. federal debt crossed $40 trillion in August, surpassing the combined government debt of China, Japan, the UK, and France. Global debt reached a record $365.5 trillion by the end of June after rising more than $10 trillion in the first six months, according to the Institute of International

Korean auto stocks including Hyundai Motor and Kia declined 14.13% and 13.82% respectively from September 1 to October 2, underperforming the KOSPI index which rose 2.69% during the same period, according to Korea Exchange data released October 5. Analysts attribute the weakness to slowing auto

Tempo recorded a $2.5 billion increase in stablecoin transfer volume over the past week, according to crypto commentator @tokenterminal. This growth positioned Tempo among the top five blockchain networks by absolute transfer volume increase. The surge reflects heightened transaction activity on the

Chainlink announced the migration of over $15 billion in assets to its Cross-Chain Interoperability Protocol (CCIP) 2.0. The upgrade aims to enhance the distribution of tokenized assets across multiple networks using a unified and secure standard. The migration is designed to strengthen digital

Token Terminal reports that OUSD's $666.3 million market cap shows significant concentration, with 71% held on Tempo. The remaining distribution includes Solana at 10.2%, Base at 9.8%, and Ethereum at 9.1%. This platform distribution data provides insight into OUSD's positioning within the

Foreign investors sold 20 trillion won in KOSPI stocks from September 1 to October 2, with the sell-off concentrated in Samsung Electronics and SK Hynix, according to Korea Economic TV analysis. The selling pressure followed significant gains in semiconductor large-caps during the first half of the

OUSD recorded a market cap increase of $626.3 million over the past week, leading growth in the stablecoin sector. The data, reported by CryptoTwitter commentator @tokenterminal, shows OUSD outpacing USDf and USDT, which gained $320.1 million and $313 million respectively during the same period. The