Gate Cryptocurrency News and Market Analysis

The UK Office for National Statistics reported that August retail sales rose 2.4% year-over-year, exceeding the market forecast of 1.9% growth. On a month-over-month basis, sales increased 0.5%, rebounding from the previous month's 0.5% decline. The data, released on the 18th, showed the June growth

Hanwha Systems' laser anti-aircraft weapon 'Cheongung' is advancing as a low-cost drone interception solution, with deployment starting in December following a ~100 billion won initial production contract signed in June. The system can destroy small drones at 3-5km range within seconds at

Kiwoom Securities issued 400 billion won in subordinated bonds on September 18, marking the company's first-ever issuance of such instruments in its history. The securities firm fully subscribed the bonds from institutional investors including insurance companies and asset managers to expand its

Three stablecoins listed on South Korean digital asset exchanges Upbit and Bithumb experienced severe price distortions recently due to insufficient liquidity and shallow order books. JPYC (JPY Coin) surged to 37.6 KRW on Upbit at approximately 7:20-7:30 PM on the 17th, representing a 213%

MetaMask launched Added Protection on September 17, 2026, a security feature designed to eliminate preview-manipulation scams known as red pill attacks in self-custody wallets. The feature addresses a vulnerability where malicious smart contracts display benign transaction previews but execute

Lotte Chemical cancelled a 77 billion won waste plastic chemical recycling facility investment at its Ulsan plant following a board resolution on the 17th, according to a disclosure filed with Korea's Financial Supervisory Service. The South Korean petrochemical company originally planned to build a

Han Ji-young, a research analyst at Kiwoom Securities' Investment Strategy Team, published 'Don't Sell Leading Stocks Carelessly' on the 17th. The book compiles three years of daily morning market commentary titled 'Thoughts Before Market Open' and establishes criteria for when to buy, hold, and

Upbit, South Korea's largest cryptocurrency exchange, confirmed it will delist the ICX/KRW trading pair on October 19, 2026. The decision follows unresolved security incident risks related to ICON (ICX), which has been designated as an investment caution asset. This move adds to the recent trend

Kim Young-ik, an adjunct professor at Sogang University's Graduate School of Economics, appeared on KBS YouTube channel 'Money Ola' on the 15th and predicted that the KOSPI index may fall below 5200 in the first half of next year. The professor noted that KOSPI peaked at 9385 during trading in

US President Donald Trump and Japanese Prime Minister Takaichi Sanae are scheduled to meet on September 22 (local time) in the United States. The two leaders are expected to meet during their stay in New York for the UN General Assembly. According to Kyodo News on the 18th, the Japanese government i

DFI cryptocurrency experienced a 73.84% price decline within 60 minutes, dropping from $0.00195909 to $0.000513. The dramatic fall occurred amid low trading volume of $65.31, highlighting liquidity challenges in the derivatives market. With a market cap of $472,625 and a 24-hour percentage change of

HLB Panagene announced on 18일 the official shutdown of its immunodiagnostics subsidiary BioSquare through a board resolution, marking a strategic pivot away from traditional diagnostic operations. The decision follows deteriorating market conditions in the immunodiagnostics sector after the

Noritaka Okabe, CEO of JPYC, issued a statement addressing price deviation in JPYC (JPY Coin) following its listing on Upbit on September 17. The stablecoin surged above 2 yen per JPYC immediately after trading began, triggering arbitrage activity as traders purchased JPYC at the 1 yen issuance

Team 'Funds Went to Kerning City' advanced to the finals of SCAN 2026, the world's first digital asset tracking competition, scheduled for September 28 at 9 AM at Monaco Space in Seoul's Seocho-gu district. The four-member team, composed of blockchain security specialists from the RubiyaLab CTF

JPYC outside director Kazuaki Mizuchi disclosed on the 18th that he considered but ultimately abandoned arbitrage trading during the Japanese yen stablecoin's price surge on South Korean exchange Upbit the previous day. Mizuchi, a certified public accountant, stated on X that he resisted the

CORE token surged 12.55% in 30 minutes, reaching $0.561244 amid a wave of selling pressure across the broader cryptocurrency market. The rapid price increase from $0.498668 to $0.561244 reflects heightened buying momentum, with traders reacting to recent market dynamics and increased whale

Jung Sang-ho, CEO of Delio, was sentenced to 15 years imprisonment by the Seoul Southern District Court on August 13, 2026, for violating the Special Financial Information Act by submitting false documentation during virtual asset service provider registration. The court determined that Delio submit

Jeong Sang-ho, CEO of South Korean cryptocurrency platform Delio, received a 15-year prison sentence on August 13 from the Seoul Southern District Court for defrauding 1,078 customers of 70.3 billion won worth of digital assets. The court found Jeong guilty of violating the Special Economic Crimes A

Samsung Electronics' US division is recruiting a Senior Manager for Business Development in New York to lead payment partnerships for Samsung Wallet, with the job posting on the 18th explicitly listing stablecoin among key partnership areas alongside card issuers, payments, fintech, and buy-now-pay-

Europe has launched a collective response to Russian hybrid attacks following the discovery of a bomb drone at Leipzig/Halle Airport in eastern Germany on last month 4th (local time). The drone, found near a Ukrainian Antonov cargo aircraft, contained plastic explosives and was determined by German