Gate Cryptocurrency News and Market Analysis

The Singapore Police Force is investigating tampered Ledger hardware wallets sold at local retailers after receiving reports of combined losses totaling about S$3.5 million since September 10. The police issued an advisory on October 29 stating that at least two reports had been filed involving

US high-yield bond spreads narrowed to 318 basis points on the 27th, reversing recent widening driven by concerns over artificial intelligence investment risks, according to St. Louis Federal Reserve data. The Bank of America US High Yield Index Option-Adjusted Spread tightened 12 basis points

Morgan Stanley maintains its year-end S&P 500 target of 8,000 but forecasts the index could decline to 7,100 or 7,200 before reaching that level, according to the firm's chief U.S. equity strategist Mike Wilson. The S&P 500 closed at 7,722.60 on the 28th, down 1.2%, after hitting an all-time high of

GCash is not committing to further reducing its P10 bank transfer fee. At a media briefing following its October 20 stock market debut, Mynt executives stated that discussions with the Bangko Sentral ng Pilipinas (BSP) regarding transfer fee levels remain ongoing. BSP Circular No. 1238 requires bank

Apple unveils a new touch MacBook Pro with a PROLED XDR display, bringing a touchscreen to the Mac for the first time and reviving the illuminated Apple Logo exactly 10 years after it disappeared in 2016. Dynamic Island also debuts on the Mac, and preorders in Taiwan begin October 30. Four price configurations in Taiwan: 14-inch starts at NT$97,900, 16-inch M5 Max at NT$159,900 According to Apple Taiwan’s official pricing, the new touch MacBook Pro comes in four configurations, all using M5 Pro

PHP Foundation Executive Director Elizabeth Barron said in an email interview with Reuters on October 23 that she is the foundation’s only full-time employee, with 14 part-time contractors; board members are unpaid, and its funding comes entirely from donations and grants. The PHP language powers approximately 70% of websites worldwide. According to Open Collective’s accounts, the PHP Foundation’s U.S. dollar account balance is $388k. PHP Foundation’s U.S. Dollar Account Balance Is $388k, with M

Gemini announced that Bitcoin reclaimed the $81,000 mark during a FED speech. The cryptocurrency exchange shared the update via tweet, highlighting the price movement amid ongoing economic discussions. The announcement reflects heightened trading interest as market participants monitor Bitcoin's

Japan saw a series of corporate hacking incidents in October. As of October 28, Crypto City had compiled data breach incidents involving nine companies and platforms, including CAPCOM and Sony So-net. GMO’s case was the most serious: its Forex margin trading cloud service was breached, and hackers placed malicious orders, causing some users to lose funds. The Japanese government said that five companies using GMO’s cloud infrastructure had reported being affected. Gaming: CAPCOM leaks 11.77 mill

Apex Intelligence released its first model, Apex-35B-V1.0, on October 28. Built on Alibaba’s Qwen3.6-35B-A3B, it launched on Hugging Face. Improvements during and after training enhanced its performance in coding, agent workflows, and general tasks, while incorporating research in areas such as AI, computational science, and robotics simulation. Apex-35B-V1.0 Is Built on Qwen3.6-35B-A3B and Covers AI, Computational Science, and Robotics Simulation Apex-35B-V1.0 is built on Alibaba’s Qwen3.6-35B-

SK Innovation stated on the 29th that it will finalize the merger schedule with SKIET after the securities registration statement takes effect. Bae Ki-rak, SK Innovation's financial planning director, explained during the Q3 earnings call that the company submitted the securities registration to the

South Korea's Democratic Party will hold a meeting on October 30 at 10 a.m. with the heads of the country's five largest crypto exchanges to gather views on an additional delay to the crypto tax implementation. The party's policy committee scheduled the session with exchange leaders including

South Korea's Financial Services Commission announced on the 29th a new rapid resolution system that will enable authorities to sell or liquidate failing financial institutions within 3 to 4 days when insolvency threatens to spread systemic risk across financial markets. The system aims to prevent c

About $11 billion worth of Bitcoin options are set to expire on Oct. 30 on crypto derivatives exchange Deribit, representing approximately one-third of all open Bitcoin options on the platform. The expiry coincides with heightened hedging activity clustered around current price levels and the

Bank of Korea released September 2026 weighted average interest rate data on the 29th, showing deposit bank loan rates rose 17 basis points month-over-month to 4.57% on a new loan basis. The increase was driven by rising market interest rates during September. The data reflects broader interest rate

Axis Robotics announced on social media on Oct. 28 that it had officially established a partnership with Pi Ventures, an investment fund under Pi Network. In addition to planning to raise $12 million in seed funding in 2026, the announcement outlined a technical integration plan aimed at jointly scaling Physical AI. Pi Ventures Invests in Axis Robotics: $12 Million Seed Round and Technical Integration Plan According to Axis Robotics’ Oct. 28 social media post, Pi Ventures, an investment fund und

The Magnificent 7 US tech stocks are trading independently for the first time in over a decade, according to CNBC analysis published on the 28th (local time). The 60-day moving correlation coefficient calculated from 21 pairwise combinations of Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and T

Somnia cryptocurrency (SOMI) has surged over 100% since September, drawing attention from AI prediction platform Perplexity AI, which forecasts a significant development by January 1, 2027. The surge stems from speculation that major gaming studios, social platforms, and AI infrastructure

TSMC shares closed at NT$2,400 on Oct. 27, narrowing the gap with MediaTek to NT$1,560; recently, major Taiwanese tech stocks have diverged, with MediaTek weakening noticeably. A user posted on Threads that TSMC Chairman C.C. Wei had previously hoped TSMC's share price would catch up with MediaTek's, but “Did you misunderstand? What that means is that you should push TSMC up to 5000, not pull MediaTek down to 3000.” Oct. 27 closing-price context: TSMC at NT$2,400, MediaTek at NT$3,960 According

SlowMist Chief Information Security Officer 23pds posted on X on October 28, saying the Coinbase data breach had been confirmed as genuine, with hackers obtaining the contact information of more than 70,000 users; it has not yet been confirmed whether passwords or funds were stolen. Coinbase said the breach originated with third-party analytics provider Amplitude, not the exchange’s own systems. Customer funds are safe, and its systems detected no unauthorized access. SlowMist’s 23pds: Coinbase

Samsung Electronics' foundry division stated during its Q3 2026 earnings conference call on the morning of the 29th that 2-nanometer orders are expected to more than double year-over-year in 2026. The company attributed the expansion to surging demand from AI and high-performance computing