Gate Cryptocurrency News and Market Analysis

US short-seller Culper Research published a report in May 2026 questioning Nvidia's claims that its China chip business had nearly disappeared due to US export restrictions, while also revealing CEO Jensen Huang's close relationship with a former Megaspeed executive. Huang subsequently admitted to a

PepsiCo announced on the 9th that it will lay off over 1,000 employees as part of a restructuring plan to streamline operations and revitalize its North America business. North America CEO Ram Krishnan informed staff in a letter that layoffs will occur over the next week, aiming to improve operation

Nvidia contacted U.S. government officials regarding an investigation into suspected smuggling of artificial intelligence chips, according to a Bloomberg report. Nvidia General Counsel Tim Teter reached out to Jeffrey Kessler, the U.S. Commerce undersecretary overseeing the Bureau of Industry and

Fidelity International warned that Asian stocks face three major risks following the US midterm elections, with Taiwan, South Korea, and Japan experiencing the most significant impact from a semiconductor-led selloff that has spread across technology and broader equity markets. The asset manager's a

Analyst Benjamin Cowen said on Monday that Bitcoin's drop to roughly $73,500 may not represent the market's floor, arguing the fourth-quarter low has yet to form. Bitcoin fell to about $73,500, reaching the 20-week simple moving average inside the bull market support band, and closed the week back b

OpenAI introduced a centralized management system called Control Room on Nov. 8, designed to halt experiments when abnormal behavior or security risks are detected in its artificial intelligence models. The system tracks tasks on the company's internal research infrastructure and stops models from g

PT ITSEC Asia Tbk released a white paper in November 2026 revealing that AI technology is now being used to facilitate cyberattacks at an operating cost of just US$25 per target. The falling cost of using AI technology and increasingly open access to it have made highly complex cyberattacks easier for various actors to carry out. Technological developments in the cyber threat domain have changed the economics of digital crime, prompting organizations to reassess their strategies for defending th

The USD-KRW exchange rate traded sideways in the mid-1,340 won range on the 10th as balanced two-way flows emerged in the Seoul foreign exchange market. As of 11:08 AM, the rate stood at 1,346.30 won, down 0.80 won from the previous session. The pair opened at 1,341.50 won before retracing losses an

Walsin Lihwa, a Taiwan-based cable and stainless steel manufacturer, reported third-quarter 2026 revenue of 462.28 billion TWD, up 12.5% year-over-year, with net profit reaching 79.09 billion TWD, a 692.2% annual increase, and earnings per share of 1.78 TWD. The company's core operations recorded a

At 9:00 a.m. Beijing time on November 11, 2026, the Philadelphia 76ers will host the Boston Celtics. It’s a head-to-head matchup between the top two teams in the East, separated by less than half a game: the 76ers lead the East at 9-2, while the Celtics sit in second at 8-2. However, when the signal from Gate’s event market falls in an extremely tight range of 52% versus 49%, the question worth asking isn’t “Who is favored?” but why a higher-ranked home team can’t pull away from its visitors in

NVIDIA CEO Jensen Huang's admission of an affair with a woman suspected of Chinese espionage ties has intensified Wall Street discussions about potential succession planning, with analysts identifying CFO Colette Kress and VP Ian Buck as leading internal candidates, according to reports on local

Korea Aerospace Industries (KAI) faces financial management challenges as expanding production of the KF-21 fighter jet increases borrowing requirements, with some corporate bonds requiring the company to maintain a consolidated debt-to-equity ratio below 600%. As of Q3, KAI's debt-to-equity ratio s

Korea Aerospace Industries faces annual revenue projections of 5.1-5.2 trillion won, falling short of its initial 5.7 trillion guidance, according to securities industry analysis. The revenue shortfall stems from delivery delays of the Light Armed Helicopter (LAH) and slower-than-expected order

David Schwartz posted on X on Monday that XRP's use as gas will not drive its price, redirecting attention to a November 2025 argument that XRPL adoption adds value to XRP through its privileged ledger position. Schwartz, Ripple's former chief technology officer, rejected the recurring claim that XR

009816, known as the 'non-dividend 0050,' surpassed 1 million shareholders last week after only 9 months since listing, becoming Taiwan's 5th largest ETF by investor count. The milestone occurred as Taiwan stocks fell 5,510 points (-12.19%), with the ETF adding approximately 15,000 new shareholders

Standard Chartered Bank revised its Taiwan GDP growth forecast upward following stronger-than-expected Q3 economic performance. The bank raised its 2026 GDP projection from 11.5% to 12.8% and its 2027 forecast from 6.5% to 7.5%. Taiwan's Q3 GDP grew 14.36% year-over-year and 3.21%

Peng Yi (ticker 6613), a major supplier of semiconductor and panel process systems, announced October 2026 consolidated revenue of NT$1.336 billion, up 89.42% year-over-year and a record high for any October in company history. The company attributed the growth to ongoing fab construction and