Gate Cryptocurrency News and Market Analysis

South Korean crypto exchanges GOPAX and Pravang issued formal apologies to customers following personal data breach incidents. GOPAX announced on the 16th that unauthorized access to customer accounts occurred from early September, affecting 9 individuals including 7 customers and 2 current or

South Korea's government will meet with executives from the country's five largest cryptocurrency exchanges on Oct. 20 to discuss the planned January launch of virtual-asset taxation. The meeting will include leaders from Upbit, Bithumb, Coinone, Korbit and Gopax, alongside officials from the

Iran's top security official warned on the 18th (local time) that the country has prepared new response plans in case of additional attacks from the United States and Israel. Mohsen Rezaei, Secretary of Iran's Supreme National Security Council (SNSC), stated via X (formerly Twitter) that Iran's

Korean bond market participants monitored semiconductor stocks and foreign investor activity in government bond futures and interest rate swaps (IRS) on the trading day. The Philadelphia Semiconductor Index extended its decline to 8 consecutive trading days, marking the longest losing streak since t

Doosan Bobcat is forecast to achieve double-digit revenue and operating profit growth in Q3, driven by non-residential infrastructure demand. The company's Q3 operating profit is projected at 167.2 billion won, up 25.18% year-over-year, while revenue is estimated at 2.367.9 trillion won, an 11.95% i

South Korea's Financial Supervisory Service (FSS) announced on October 19 during a National Assembly Policy Committee audit report that it will rapidly initiate investigations into high-risk areas that significantly undermine market order, including unfair trading linked to virtual asset issuance

Five major South Korean bank CEOs will testify on October 19 at a National Assembly Financial Services Commission audit following recent customer data breaches. The hearing will focus on security system vulnerabilities and management accountability at KB Kookmin Bank, Shinhan Bank, Hana Bank,

Doosan's Q3 operating profit is projected to more than double year-over-year, driven by surging demand for copper clad laminate (CCL), a core material in semiconductor printed circuit boards (PCB). According to a compilation of forecasts from five major domestic securities firms submitted within

KOSPI opened down 179.64 points (3.17%) at 5,488.41 on October 19, extending the previous week's 14%+ decline as US artificial intelligence investment concerns resurfaced. The drop followed Friday's US tech stock selloff triggered by credit risk concerns surrounding AI infrastructure firm

Samsung Electronics faces a shareholder return strategy debate as the company announced 90 trillion to 110 trillion won in total returns this year, with approximately 30 trillion won allocated to Q3 cash dividends and the remaining distribution method to be decided by the board in January next year.

CryptoQuant contributor Darkfost wrote on Oct. 18 that cumulative selling pressure in Binance's meme-coin segment has exceeded $1.4 billion since Bitcoin reached its high. Bitcoin has fallen by as much as 54% from its peak in October last year and is still trading about 35% below that level,

South Korea's Kospi fell 1.54% to 5,580.56 in early trading on October 19, driven by selling in large-cap stocks after US technology and semiconductor shares declined. The benchmark index dropped 87.49 points from the previous session, extending losses shortly after the open before partially

US Stock Market News showed Nasdaq-100 futures added 0.4% on Sunday night as traders cautiously returned following last week's rout in artificial intelligence-linked shares, with Dow Jones Industrial Average futures ticking 0.2% higher (or 110 points) and S&P 500 futures gaining 0.2%. Stable oil

South Korea's Financial Services Commission is planning to publicly disclose individual financial institutions' overdue debt management performance as early as this month. The disclosure will cover debt write-offs through statute of limitations completion, debt restructuring, and debt sales by

Hyundai Mobis signed a stock purchase agreement on the 30th of last month to sell its automotive lamp business division to French auto parts company OP Mobility, but the Korean automaker's official disclosure omitted the transaction price. The sale involves spinning off the domestic lamp division in

US stock market margin debt reached a record $1.5 trillion in June, according to data from the Financial Industry Regulatory Authority (FINRA). The surge occurred as investors increased leveraged positions, with August margin debt standing at $1.4 trillion, representing a 27% year-over-year increase

South Korea's National Pension Service (NPS) announced on the 13th an organizational restructuring that increases its fund management staff by six positions and establishes a new Integrated Portfolio Team, with changes taking effect on the 21st. The restructuring aims to strengthen integrated

US Stock Market News showed stocks rising on August 21, 2026 amid solid economic data, with the Nasdaq 100 halting a five-day drop and Bitcoin reaching around $77,000. The final stretch of a volatile week on Wall Street saw equities extend their August advance as US business activity grew at its

Evercore ISI raised its price target for SpaceX from $230 to $275 ahead of the company's Q3 earnings release, according to CNBC on the 16th (US local time). Kougun Maral, an Evercore ISI analyst, stated that while skeptics view SpaceX as a long-term project closer to science fiction than a

According to US Stock Market News sources, three exchange-traded funds (ETFs) have historically held up better than others during market downturns. The Schwab U.S. Dividend Equity ETF (SCHD), the Health Care Select Sector SPDR Fund (XLV), and the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) offer