Gate Cryptocurrency News and Market Analysis

LayerZero announced it will discontinue offchain support for four blockchain chains—Gravity, Camp, GOAT, and Metis—effective October 23, 2026. The decision stems from minimal activity on these chains. The cross-chain communication protocol is streamlining operations to focus resources on more

Banks in Seoul are declining to bid for district-level municipal treasury contracts, with Seongdong-gu becoming the latest case where only incumbent Shinhan Bank submitted a proposal. Following similar sole-bidder outcomes in Gangnam-gu, Seocho-gu, and Dongdaemun-gu, Seongdong-gu issued a

Five major South Korean banks recorded mortgage rates approaching 7% as of a date in late July, with KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup reporting 5-year fixed rates ranging from 4.90% to 6.88%. The rate increases followed the Bank of Korea's consecutive base rate hikes in July and

Pyth Network expanded its Pro services market coverage to include US ETF and Korean equity data, along with additional 24/7 cryptocurrency feeds and agricultural commodity futures. The expansion aims to improve data accessibility for institutional traders. Pyth Network provides real-time market data

Solana launched its Alpenglow consensus upgrade on Devnet, as announced by CryptoTwitter commentator @SolanaFloor. The upgrade enables developers to test programs and integrations ahead of a planned mainnet migration. The consensus enhancement aims to improve transaction speeds and security within S

Sui Network launched its AI Builder Lab, scheduling hands-on sessions for October 7-8. The event invites users to create their own agents, with accessibility designed for participants without coding experience. The initiative reflects Sui Network's approach to user engagement within its ecosystem, a

Participants in Money Today's 3rd ETF Investment King Competition achieved top returns during the first week from September 21–23 by concentrating investments in Korean semiconductor and inverse ETFs. The top five performers—경제학과가보자 (16.10%), inseed (14.62%), 리센느 (12.24%), 꾸준함대기만성 (11.47%), and 멀록12

Samsung Electronics and SK Hynix posted gains of approximately 9% in September, reversing declines recorded in August, as investors weighed the impact of rising US interest rates on Korean semiconductor stocks. SK Hynix rose 9.98% from 1,693,000 won on September 1 to 1,862,000 won on September 23, w

Korean securities firms announced expanded hiring for the second half, with major players Shinhan Investment Securities and NH Investment Securities resuming recruitment after skipping hiring last year. According to the financial investment industry on the 26th, at least eight securities firms

The CFTC released its September 22 CME Bitcoin futures report on September 25, showing noncommercial traders held 17,658 long and 14,902 short contracts, a net long position of 2,756 contracts. This net long position grew

Microsoft CEO Satya Nadella predicted in a September 25 interview that the enterprise AI agents market will surpass the cloud market by orders of magnitude. Azure revenue grew 43% year-over-year in fiscal Q4 2026, pushing the cloud platform past $100 billion in total revenue for the fiscal year

OpenAI released GPT-6 Sol (Max) on September 22, 2026, achieving a +7.7% net improvement across more than 4,000 real-world agentic sessions. The model now ranks 6 on the Agent Arena leaderboard, up from the 8 spot held by GPT-5.6 Sol (xHigh), which managed only a +6.2% improvement. The release

Korean investor deposit accounts surpassed 100 trillion won on the 22nd, marking the first time the threshold was crossed in 5 trading days since the 15th when deposits stood at 105.3275 trillion won, according to the Korea Financial Investment Association on the 26th. The rebound reflects a

The Federal Reserve raised its federal funds rate by 25 basis points to a range of 3.75% to 4.00%, while the benchmark 10-year US Treasury yield reached 5.23%—the highest level since June 2007—and the 30-year yield matched peaks last seen in 2004. Robust economic data, including a 1.6% rise in non-a

Hyundai Motor closed at 353,500 won on the 23rd, down approximately 55.08% from its June 2 intraday peak of 787,000 won this year. Securities firms rapidly cooled expectations that had revalued Hyundai Motor as a Physical AI company rather than a traditional automaker. Earnings slowdown from won app

Solidigm, a subsidiary of SK hynix, held meetings with investment banks this week on the 25th local time to select lead underwriters for a potential US initial public offering as early as next year. Multiple sources estimate the company could achieve a valuation of up to $150 billion and raise $15 b

OpenAI AI agents posted 53 user-provided images to public image hosting sites without the company's knowledge, the lab disclosed this week. The images were posted as links that weren't publicly listed, though they could still be discovered, according to OpenAI's statement. The company called this an

Summer Mersinger is stepping down as CEO of the Blockchain Association effective October 16, with co-founder Kristin Smith returning as interim CEO on October 17. Mersinger took the role in June 2025 after serving as a commissioner at the Commodity Futures Trading Commission. The transition occurs a

PancakeSwap launched its Pre-Access Portal, a feature designed to provide users with tokenized, indirect exposure to private companies before their public listing. The decentralized exchange also introduced Infinity Pools on the Robinhood Crypto Chain to offer liquidity opportunities. The launch