Gate Cryptocurrency News and Market Analysis

A fake mainnet and cross-chain bridge impersonating GIWA Chain, the Ethereum Layer 2 blockchain developed by Dunamu, resulted in the movement of over 766 ETH from users. Decentralized exchange DYORSWAP confirmed on September 27 (local time) via X that the network previously identified as GIWA mainne

Hana Securities maintained a BUY rating and 242 million won target price on Doosan on May 28, projecting the company's Q3 Electronics BG revenue at 765.9 billion won and operating profit at 224.3 billion won. The brokerage attributed the growth to expanding AI datacenter demand driving

Samsung Asset Management's KoAct High Dividend Active ETF surpassed 500 billion won in net assets as of the 28th announcement, currently standing at 625 billion won. Since its listing on July 28, the ETF has attracted 23.92 billion won in cumulative net purchases from individual investors, driven

The Financial Investment Association announced on the 28th that The Technology, which was delisted from the KOSDAQ market last month, has been newly designated for trading in the K-OTC market's delisted company section. Trading will begin on the 30th, with support provided for up to six months. The

Rokit Healthcare stocks rose 11.39% in morning trading on May 28 following news that the regenerative medicine platform company is conducting clinical trials for a natural-derived photobiomodulation (PBM) substance targeting hair loss.

Oracle's 5-year credit default swap premium reached 232.41 on the 25th, up 8.75 points from the prior day. The surge followed Oracle's force majeure notice on the 24th for its 2.45-gigawatt Project Jupiter site in Doña Ana County, New Mexico, raising concerns among AI investors. The premium has

KB Financial Group's current Chairman Yang Jong-hee and incoming Chairman Lee Jae-geun will jointly discuss governance reforms for subsidiary CEO succession ahead of Lee's appointment at an extraordinary shareholder meeting on November 20. The collaboration responds to Financial Supervisory

FSS Governor Lee Chan-jin and eight bank holding company chairmen held a breakfast meeting on the 23rd to discuss CEO succession and internal controls, but the conversation extended significantly when the topic turned to local government treasury bank bidding. The meeting, which started at 7:30

Life insurance companies in South Korea are accelerating investments in elderly care subsidiaries as a strategic response to population aging. Shinhan Life recently conducted a 30 billion won capital increase for its care subsidiary Shinhan Life Care. The investments come as insurers seek to

Hanall Biopharma's autoimmune disease drug candidate imeprofluvat (IMVT-1402) discontinued development for cutaneous lupus erythematosus on the 23rd, but securities analysts assess the impact on overall drug value as limited. IBK Securities valued imeprofluvat at 3.665 trillion won on the 28th.

NH Investment & Securities downgraded Kiwoom Securities' target price to 410,000 won on Sept 28, representing a 10.9% reduction of 50,000 won, while maintaining its 'buy' investment opinion. The adjustment reflects declining trading volumes impacting performance estimates. Analyst Yoon Yu-dong

Shinhan Securities lowered its target price for Hugel stocks from 410,000 won to 300,000 won on May 28, citing short-term performance gaps due to the company's US sales structure transition. The brokerage maintained its 'Buy' investment opinion while noting mid- to long-term growth potential

Kiwoom Asset Management announced on September 28 that its KIWOOM KOSDAQ150 Covered Call Active ETF will pay a September dividend of 215 won per share. The distribution rate is 2.46% based on the net asset value as of September 23. This marks the third consecutive month the monthly dividend

Shinhan Securities lowered its target price for Hugel stocks from 410,000 won to 300,000 won on the 28th, citing a short-term performance gap due to the company's US sales structure transition. The brokerage maintained its 'buy' investment opinion, noting that mid- to long-term growth prospects

Heungkuk Securities on the 28th maintained its 'Buy' rating and 52,000 won target price for Dongwon Industries, projecting stock revaluation driven by stable marine & fisheries division performance and improved profitability in food and F&B segments. Analyst Park Jong-ryeol cited expected earnings i

Bank of Korea data submitted to National Assembly member Lee Jong-wook from the People Power Party showed that in Q2, the average household loan per borrower and the proportion of multi-debtors reached their highest levels in the past 10 years. The ratio of borrowers with high repayment burdens

Samsung Electronics and SK Hynix are projected to achieve record Q3 earnings this year, driven by semiconductor boom and memory supply shortage. Securities firms estimate the two companies' combined Q3 operating profit will reach 190 trillion won, according to WiseReport data as of May 28. Samsung E