Gate Cryptocurrency News and Market Analysis

OpenReserve Bank received preliminary conditional approval from the Office of the Comptroller of the Currency on September 2 to charter a full-service national bank in Salt Lake City, Utah. The approval followed a review of just under five months after OpenReserve filed its application on

QuFi Network launched a verification platform designed to protect digital assets against quantum computing threats without requiring changes to existing blockchain settlement networks. The platform separates verification from settlement, using a decentralized network of nodes to validate

American Bitcoin Corp, the Bitcoin mining and treasury firm backed by the Trump family, completed its first year on the Nasdaq this week. On Sep. 3, co-founder Eric Trump posted on X that the company now holds 8,300 Bitcoin on its balance sheet and its mining fleet has expanded to nearly 90,000

The National Sheriffs' Association dropped its opposition to the Digital Asset Market Clarity (CLARITY) Act in a Thursday letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, announcing a shift to a 'neutral' position. The US law enforcement group cited the 'significant

Cryptocurrency exchange Bitget is in discussions with BlackRock and several major financial institutions about expanding digital asset distribution across Asia. Bitget CEO Gracy Chen confirmed the company maintains close communication with BlackRock, the world's largest asset manager, specifically r

Americans retiring this decade are scheduled to receive substantially more from Social Security than they and their employers paid into the program, according to a new analysis by the Committee for a Responsible Federal Budget (CRFB). People born in the 1960s are projected to receive lifetime

DashXHQ integrated Starknet's STRK20 framework to provide private onchain payroll services. The integration addresses a $35B payroll market largely untouched by blockchain technology, as many companies remain hesitant to expose sensitive payroll data on public ledgers. This development aims to

Hedera announced a $15K bounty initiative for builders participating in the ETHGlobal Hackathon, which kicks off today. The initiative aims to foster innovation within the blockchain space. The hackathon focuses on categories including AI, open source, tokenization, and continuity. ETHGlobal Hacka

A Bitcoin wallet that had been dormant since Nov. 5, 2011 transferred 40 BTC worth approximately $3.09 million on Sept. 4, according to blockchain analytics firm Galaxy Research, which flagged the transaction on X. The coins moved in block 965,330 on Sept. 3 after sitting untouched for nearly 15

On Sep. 3, AMC Entertainment Holdings CEO Adam Aron publicly criticized Robinhood Markets for offering a tokenized version of AMC stock without registering under U.S. securities laws. In a post on X, Aron called the practice 'contemptible, outrageous, disgusting' and stated that AMC will have its ou

Nepal's official Disaster Relief Fund has launched an initiative to accept cryptocurrency donations, according to an announcement by Polygon. The fund utilizes Polygon's OMS system to enable donors to contribute using various tokens across multiple blockchain networks, with 100% of donations

Base announced its anticipation for the launch of Coinbase tokenized stocks. The announcement, shared on social media platform X, received 773 likes and 198 replies. Base operates as a layer-2 protocol designed to facilitate blockchain transactions. Base Announces Tokenized Stocks Anticipation Ba

Token Terminal recently emphasized the importance of real-world asset (RWA) strategies for enhancing engagement in decentralized finance (DeFi). The organization highlighted via social media that tokenization can bring high-quality assets to a wider range of investors while creating new business

CNV Argentina's president, Roberto E. Silva, outlined upcoming regulations on PSAVs and tokenization at the Second International Congress on Law and Technology in Business. The regulatory framework aims to modernize Argentina's capital markets and expand investment opportunities for a wider range

A mystery whale deposited 167,855 ETH, worth $408 million, across multiple exchanges between Aug. 30 and Sept. 4, according to onchain analytics platform Lookonchain. At the time of the deposits, ether traded near $2,520, with U.S. spot ETH exchange-traded funds adding $141 million in net inflows on

Zcash climbed as much as 20% to an intraday high of $1,029 on Friday, its best level in nearly a decade, as about $34.5 million in short positions got force-closed on the break above $1,000. The move built on Thursday's rally after Fed Governor Christopher Waller said he'd be inclined to support

A prominent corporate Bitcoin treasury sold close to 7,000 BTC this summer, marking a departure from its previous accumulation-only strategy. The sales funded dividends, rebuilt cash reserves, and supported security repurchases, according to data highlighted by @KaikoData. This shift reflects a

Tesla (TSLA) stock slid approximately 6% on Friday, the day after the company officially launched its Cybercab robotaxi in Austin. Wells Fargo maintained its 'Underweight' rating and $130 price target, stating the launch likely fell short of investor expectations due to limited updates and lack of s

The cryptocurrency market experienced a flash crash following a stronger-than-expected U.S. jobs report, with approximately $60 billion wiped out in eight minutes according to influencer @SolanaFloor. SOL maintained its position above

NEAR Protocol unveiled an AI-driven infrastructure aimed at returning value directly to users. The announcement, made via Twitter by @NEARProtocol, emphasizes user empowerment by ensuring that value generated through user contributions is not captured by closed systems. This initiative represents a