Gate Cryptocurrency News and Market Analysis

Kakao announced on the 5th that it has postponed its corporate spin-off and subsidiary merger schedule by approximately one month, while allocating an additional KRW 263.6 billion in cash to the newly established Kakao AI entity. The company cited additional time required for relisting preliminary r

Anthropic Claude Code product lead Cat Wu announced on X on November 5 that she was joining OpenAI to lead product management for core products, reporting to Tibo, head of OpenAI’s core product team. She is the third Claude Code core team member to leave in less than two weeks; the other two announced their departures on October 24. Cat Wu announces move to OpenAI, ending her time at Anthropic Cat Wu joined Anthropic in the summer of 2024, having previously been a partner at venture capital firm

S&P Global announced on November 5 that Japan's October services Purchasing Managers' Index (PMI) final reading reached 51.7, marking the fifth consecutive month of expansion above the 50 threshold that separates growth from contraction. The figure rose 0.4 points from September's 51.3, though it

India’s Computer Emergency Response Team (CERT-In) named an AI-assisted financial threat actor “CRAFTY FALCON” on November 4, updating its warning first issued in October; the latest advisory explicitly lists cryptocurrency exchanges as one of the affected businesses. CERT-In said the threat is ongoing, with reports of cryptocurrency wallet keys being stolen and funds transferred out of wallets. CERT-In Names CRAFTY FALCON, Updated Advisory Explicitly Lists Cryptocurrency Exchanges as Affected T

Strategy Chairman Michael Saylor highlighted bipartisan support for Bitcoin reserves following the US midterm elections, citing winners from both parties in a November 4 post on X. Saylor pointed to Republican Byron Donalds, elected governor of Florida, and Democratic candidate James Talarico, elect

Taiwan financial stocks rose during early trading on November 5 as the broader Taiwan Stock Exchange fell over 1,000 points, with Cathay Financial and E.SUN Financial leading gains. The shift occurred after the Philadelphia Semiconductor Index dropped over 3% on November 4 following US midterm

According to Crypto.news settlement data on Nov. 4, PI was trading near $0.0749, about 6.1% above its all-time low of $0.07059. The inaugural ecosystem summit is scheduled for Nov. 17–19, with an agenda covering developer demos, platform releases, app showcases, and a hackathon. PI Is About 6.1% Above Its All-Time Low of $0.07059 According to Crypto.news settlement data on Nov. 4, PI was near $0.0749, while its recorded all-time low was about $0.07059; the difference between the two was about 6.

According to Q3 2026 financial reports, the total digital assets of Vietnam’s 10 largest banks exceeded VND 18.19 quadrillion at the end of September, up 11.1% from the start of the year. Notably, 9 banks surpassed the VND 1 quadrillion mark. This growth reflects the robust development of asset management within Vietnam’s banking system. BIDV Leads the Top 10 Banks BIDV continued to lead with VND 3.49 quadrillion in crypto assets, followed by VietinBank (VND 2.95 quadrillion) and Vietcombank (VN

According to Sina Technology and IT Home, NetEase EasyShield, the content security and risk control division under NetEase Enterprise Services, released its “AI-Native Security Product System” at the World Internet Conference in Wuzhen on Nov. 3 and received a launch certification from the Exhibition Launch Hall. EasyShield said that as AI agents gain access to knowledge bases, business tools, and enterprise systems, security priorities must shift from controlling what AI says to controlling wha

Tencent’s Hy team released the Hy4 large language model on November 4. With 770 billion parameters, it is the first to add visual understanding, reasoning, and computer-use capabilities, placing it among the world’s strongest open-weight models. In a blind test conducted by 213 financial experts, Hy4 ranked first among the evaluated open-weight models for overall performance across 579 real-world financial tasks. Tencent Releases Hy4: 770 Billion Parameters, with Visual Understanding and Compute

CoreWeave, an AI neocloud infrastructure company, saw its bond prices decline sharply on the 4th (local time) following Democratic victories in US midterm elections. The company's 2031 maturity bond (9.75% coupon) fell to 79.5 cents per dollar, breaking below the 80-cent threshold for the first time

On November 4, 2026, State Bank of Vietnam (SBV) Deputy Governor Pham Quang Dung chaired a meeting with a delegation of International Monetary Fund (IMF) experts to discuss asset management and anti-money laundering. The meeting took place under the technical assistance project “Strengthening Risk-Based Supervision and Inspection Capacity for Anti-Money Laundering and Countering the Financing of Terrorism.” In particular, the Deputy Governor asked the IMF to continue helping the SBV review and r

The November 3 U.S. midterm election results gave Democrats full control of Congress, while the White House remained under Republican control, creating what may be the most severe divided-government arrangement of the decade. NBC exit polls showed that more than 50% of respondents believe AI does more harm than good, nearly 80% oppose building data centers in their communities, and nearly 60% said data centers were a key or major factor in their vote. NBC Exit Poll: 80% of Voters Oppose Data Cen

Taiwan's first US gold mining ETF 009832 (Mega US Gold Mining ETF) opened with net value gains exceeding 8% on November 5, following strong performance in US-listed gold mining stocks on November 4. The rally came after the 2026 US midterm election results showed the Democratic Party regaining

The Security Investigation Agency of Da Nang City Police has expanded its investigation into a case involving fraud and money laundering through the fake LB-Pro investment app. Initial findings indicate that the network defrauded more than 150 people across the country of over VND 100 billion. The suspects created a fake LB-Pro app to lure people into investing in stocks with promises of high returns, then instructed victims to transfer money to bank accounts in the name of LB Investment Managem