Gate Cryptocurrency News and Market Analysis

Kodiak Sciences (KOD) stock surged over 160% on Monday after the company announced that both Zenkuda and Tabirafusp-ted met the primary endpoint in a Phase 3 study for wet age-related macular degeneration. The positive results were driven by both therapies demonstrating vision improvements

SpaceX (SPCX) shares rose 0.3% in overnight trading ahead of Monday's scheduled Starship Flight 14, the rocket's first attempt to reach orbit and deploy 26 Starlink satellites at Starbase, Texas. The Federal Aviation Administration authorized the launch and reentry operations over the weekend

The European Securities and Markets Authority (ESMA) published its 2027 work program on Monday, shifting its coordination of national crypto supervision under the Markets in Crypto-Assets Regulation (MiCA) from rulemaking to operational oversight. ESMA Chair Verena Ross stated during a European

DeFi Development Corp. (DFDV), a Nasdaq-listed company, acquired 55,491 SOL tokens worth approximately $5.78 million, increasing its total holdings to roughly 2.49 million SOL. The acquisition continues the company's strategy of using public market capital to accumulate Solana, similar to

Nvidia CEO Jensen Huang called AI model distillation "competition" during a CNBC Squawk Box interview on Monday, contrasting sharply with U.S. officials who have labeled the practice as theft. Distillation involves training AI models on outputs from other models. The divergent views highlight

The US Senate Permanent Subcommittee on Investigations, led by Sen. Richard Blumenthal, found that the Iranian regime widely used Tether's USDT token to evade international sanctions, according to an inquiry that documented hundreds of millions of dollars in USDT flowing through wallets connected to

Artificial Analysis, an independent AI benchmarking platform, launched its Cyber Index (v1) on September 25 to evaluate how effectively AI models perform vulnerability discovery and remediation in enterprise systems. The index measures AI capabilities across the full lifecycle of enterprise vulnerab

Senator Elizabeth Warren and fellow Senate Democrats sent letters on September 28 to the CEOs of Meta, Alphabet, Amazon, and Microsoft, demanding detailed accounting of tax deductions and subsidies these companies have claimed on AI and data center investments. The inquiry was triggered by a 25%

Chainlink introduced CCIP 2.0 on Monday, a new version of its Cross-Chain Interoperability Protocol targeting institutions, tokenized asset issuers and DeFi developers. The upgrade is designed to help organizations distribute assets across multiple public and private blockchains without rebuilding t

Meta announced a dedicated enterprise AI business on September 28 and hired Chirantan "CJ" Desai from MongoDB to lead the division. Desai resigned as MongoDB's President and CEO the same day Meta unveiled its plans. The move signals Meta's strategy to build a second revenue engine beyond its core ad

Acurast, a decentralized computing network built on upcycled smartphones, announced it can now run Laya, an open-source decision-focused AI model, securely and at scale across its distributed infrastructure. The deployment aims to make autonomous, real-time decision-making AI accessible outside

US stocks declined Monday as the Dow fell over 360 points, the S&P 500 dropped 0.49%, and the Nasdaq Composite slid 0.50%, driven by rising Treasury yields and surging crude oil prices. Treasury yields climbed as selling pressure returned to global government bond markets, with the benchmark

Outmarket, an AI-powered insurance automation startup founded by former Ethos product leader Vishal Sankhala, raised a $34.5 million Series B led by SignalFire, with participation from Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund. The funding round came four months after

The US dollar strengthened on the morning of the 28th, with the dollar index (DXY) rising 0.105% to 101.109 as of 7:30 AM EDT, following President Donald Trump's rejection of Iran's 7-day ceasefire proposal over the weekend. Iran had demanded at least $120 billion in frozen overseas asset

The KOSPI fell below 7000 on September 28, closing at 6889.74, down 191.18 points or 2.70%, as trading resumed after the Chuseok holiday. Samsung Electronics and SK Hynix declined over 5% each amid concerns over rising US Treasury yields. The decline followed a month of sharp fluctuations, with the

AI assistant startup Instinct raised $1 billion in a Series C funding round at a $10 billion valuation, just one month after announcing a $350 million raise that valued the company at $2.5 billion, according to a press release issued on Monday. Investors in the Series C include Sequoia Capital,

The SEC and CFTC are preparing to write new rules for the cryptocurrency market, according to crypto commentator Ran Neuner. Neuner stated these rules could lead to faster regulatory processes and less scrutiny, though he emphasized they might not hold the same weight as formal legislation. Both

Iress will relocate trading and market-data services into the ASX Australian Liquidity Centre in Sydney, expected to complete in the second half of 2027. The company announced it will place its infrastructure in the same facility as the exchange's core systems and more than 100 financial

Citigroup partnered with Coinbase to enable its institutional clients to accept stablecoin payments, marking a significant integration of cryptocurrency infrastructure into traditional Wall Street banking operations. According to a report by The Wall Street Journal, the arrangement allows large

Pendle Finance announced that users can earn 34.8% APY on Partners Group's Next Generation Infrastructure fund through its tokenization platform. The offering aims to democratize access to private infrastructure investments that traditionally required six-figure capital minimums. The announcement