Gate Cryptocurrency News and Market Analysis

Anza's Head of Research and Quentin Kniep proposed SIMD-0675 to use Solana validators' self-reported geographic locations for sequential block production under Alpenglow. The proposal aims to reduce delays between block producers through optimized validator ordering. Simulations demonstrated a 53% r

A security incident on the Solana network resulted in the drainage of over 20,000 wallets linked to users of TradeWiz_Bot, causing losses totaling $438,900. The breach was reported by CryptoTwitter commentator @SolanaFloor, highlighting vulnerabilities affecting wallet security. Solana is a

Base launched its Cobalt network upgrade on the mainnet, marking the third major upgrade in 2026. The enhancement introduces Validity Transactions and B20 features designed to improve network efficiency and usability for developers. Base is a blockchain platform focused on providing tools for

Bitwise Asset Management launched a NEAR Protocol ETF, with NEAR co-founder Ilblackdragon participating in a discussion about the new investment product. The conversation included Bitwise CIO Matt Hougan and Head of Research RasterlyRock, focusing on the ETF's role in providing institutional

Jusung Engineering surpassed EcoPro BM to claim the 3rd position in KOSDAQ market capitalization, according to Korea Exchange data from the previous trading day. The semiconductor equipment company's stock closed at 232,500 won, up 4.73% (10,500 won), bringing its market cap to 10.807 trillion won c

Jusung Engineering overtook EcoPro BM to claim the 3rd spot in KOSDAQ market capitalization the previous day. The semiconductor equipment maker closed at 232,500 won, up 4.73% (10,500 won) from the prior session, bringing its market cap to 10.807

The Atlanta Federal Reserve's GDPNow model estimated US Q3 growth at 3.7% on an annualized quarterly basis on the 30th (local time), according to Yonhap Infomax. This marks a 1.3 percentage point decline from 5.0% on the 25th, representing the lowest estimate since tracking began on

West Texas Intermediate (WTI) crude oil for November delivery rose $1.04 (1.16%) to $90.42 per barrel on the 30th (US Eastern time), while Brent crude for November rose $0.94 (0.92%) to $103.53. Oil prices faced sustained upward pressure due to geopolitical risks stemming from the US-Iran

AppLovin (APP) shares hit a fresh 52-week low and closed down about 4.5% on Wednesday after Wells Fargo issued an Equal Weight rating with a $325 price target, citing concerns over recent merchant Pixel install data quality. The firm told clients that while raw Pixel installs spiked over the past

Cheil Industries, KT&G, and 16 other South Korean listed companies announced share buyback and cancellation programs in September, with combined buyback decisions totaling 568.5 billion won on the Korea Exchange (KOSPI). Cheil Industries disclosed plans to cancel 280 billion won in existing

BitgetWallet stock tokens added over $12M in market cap on Arbitrum One over the past 30 days. The tokens rMSTR, rOKLO, rMRNA, rVOO, and rCOHR led this increase. The surge reflects growing interest in tokenization within the Arbitrum ecosystem, a layer 2 scaling solution for Ethereum designed to

Samsung Electronics and SK Hynix are nearing completion of their large-scale share buyback programs, raising concerns about a supply-demand gap in the Korean stock market. As of September 28, Samsung Electronics completed 93.46% of its buyback (4,980万 shares of 5,328万5,968 shares), while SK Hynix co

The Securities and Exchange Commission charged multiple entities on Sept. 29 for defrauding hundreds of retail investors, including many in the U.S., through investment confidence scams that stole at least $15 million. The entities — Cryptoaiml Ltd., Cryptoaiml Capital Foundation, TSAI Pro Ltd., and

MOVR surged 14.57% in the past hour, reaching $1.997. The cryptocurrency recorded a 24-hour gain of 65.04%, climbing from a low of $1.21 to a high of $2.027. Trading volume reached $48,873,849.02 over the past 24 hours. No confirmed catalyst is evident for the surge, though the sharp rise in

US President Donald Trump announced on the 30th (local time) specific investment projects under South Korea's $350 billion strategic investment package, including a Texas gas power plant, eight large nuclear reactors, and Alaska LNG development. The announcement at the White House with Commerce

POSCO International is acquiring Pennsylvania shale gas assets for $550 million, with completion expected in mid-November. On the 30th, shares of POSCO International and LX International surged 4.60% and 7.18% respectively, driven by expectations that major Korean trading companies will post

US stock indices closed mixed on September 30 as the Dow Jones Industrial Average fell 443.87 points (0.86%) to 50,906.05, while the Nasdaq Composite rose 63.52 points (0.24%) to 26,861.06 and the S&P 500 declined 19.30 points (0.25%) to 7,651.54. August Personal Consumption Expenditures (PCE)

Five major South Korean cryptocurrency exchanges hold 11.629 million real-name accounts as of July end, but only 3.795 million users—32.6%—actively trade, according to data submitted to National Assembly Finance Committee member Park Sung-hoon by Upbit, Bithumb, Coinone, Digital X, and Gopax. The

The US Commerce Department released revised Personal Consumption Expenditures (PCE) inflation data on local time September 30, showing lower historical readings after methodology changes. July headline PCE inflation was revised down to 3.4% year-over-year

US President Donald Trump announced South Korea's $200 billion investment plan in American energy projects, featuring eight nuclear power plants, a Texas gas combined-cycle plant, and the Alaska LNG pipeline project. The announcement highlighted the $54 billion Alaska LNG development as a