Gate Cryptocurrency News and Market Analysis

Netmarble disclosed on the 12th a plan to purchase 591,715 common shares of Coway worth approximately 60 billion KRW through on-market transactions. The trading period spans 30 days from November 11 to December 10. The transaction aims to stabilize governance structure and improve financial

CMC Funded will serve as Titanium Sponsor of the London Prop Trading Expo on October 23 and 24 at Old Billingsgate, less than a month after the simulated proprietary trading evaluation programme was unveiled on September 28. The sponsorship represents one of CMC Funded's first major in-person

Seoul's bond market posted strong gains in the post-holiday trading session as yields on 10-year Korean Treasury Bonds (KTBs) plunged 11.1 basis points to 4.301%, marking the lowest intraday level since August 31. Foreign investors drove the rally by purchasing over 25,000 contracts

Papertrade, a perpetual futures platform launched on HyperEVM on October 10, 2026, faces allegations that traders manipulated its reference prices by moving Ethereum quotations on Hyperliquid while maintaining substantially larger positions on Papertrade. On-chain analysis published by The Block on

Hong Kong is launching the Pando Solana ETF on October 13, providing direct exposure to SOL through licensed trading platforms without staking or leverage requirements. The launch was announced by CryptoTwitter commentator @SolanaFloor and reflects growing institutional interest in Solana as a

South Korea's Ministry of Economy and Finance and the Financial Services Commission have not exchanged any official documents since 2022 regarding taxation of crypto derivatives traded on overseas exchanges, according to data provided to Rep. Kim Sang-hoon of the ruling People Power Party. The gap e

Financial Stability Board (FSB) Chair Andrew Bailey published a letter Monday warning that cross-border mechanisms for stablecoin oversight and crisis management remain immature or undeveloped. The letter, submitted to Group of Twenty (G20) finance ministers and central bank governors ahead of

XRP Ledger developers disclosed on 9 October a critical vulnerability in the network's payment engine that could have allowed an attacker to mint XRP from nothing. The integer overflow flaw, which dated to 2015, sat in the engine's code where it adds up amounts in a single payment consuming many

Brent crude traded around $104 a barrel on Monday October 12, 2026, after retreating from a weekend high of $105.48 reached at 23:04 GMT on Sunday October 11, according to France 24 and Trading Economics. The price movement followed Houthi strikes on Riyadh's King Khalid International Airport on

Ripple is experiencing technical difficulties, as confirmed by Whale Alert in a recent social media post. The development team stated a fix is underway, though no specific resolution timeline was provided. The issues occur as the broader cryptocurrency market exhibits mixed signals, with the

USDC Treasury minted $250 million in new tokens, according to a report by CryptoTwitter commentator @whale_alert. The issuance involves the stablecoin USDC, which is issued by Circle and designed to maintain a 1:1 peg with the US dollar. The report suggests the minting addresses demand for stablecoi

Andreessen Horowitz (a16z) announced on Oct. 12 that Managing Partner and General Partner Raghu Raghuram will visit South Korea with the firm's infrastructure investment team. The trip follows last month's launch of a16z's $1.1 billion Machine Age Fund, which focuses on AI hardware and infrastructur

A dormant Bitcoin address containing 0.05 BTC was activated after 15.9 years, with the holdings now worth approximately $4,152. The activation was reported by Whale Alert and highlights a broader shift in Bitcoin network usage patterns. Transactions below 0.01 BTC now account for nearly 80% of all B

US spot crypto exchange-traded funds recorded significant weekly outflows last week, with Bitcoin ETFs losing US$678.9 million and Ethereum ETFs shedding US$697.4 million during a nine-day outflow streak. The outflows coincided with a 3.3% weekly decline in Bitcoin, which traded at US$83,675 at the

Bank of Korea Governor Shin Hyun-song announced consideration of public hearings on central bank digital currency (CBDC) and deposit tokens during a National Assembly Financial and Economic Planning Committee audit on the 12th. Shin's statement came in response to

Lee Seong-hoon, CEO of Korea Land and Housing Corporation (LH), clarified on October 12 during a National Assembly Land, Infrastructure and Transport Committee audit that his previous remarks advocating lower mortgage loan limits were intended to highlight concerns about rising housing prices

South Korea plans to fully launch its Global Voluntary Carbon Mechanism international carbon market next year and is reviewing the issuance of carbon credits in digital-asset form. The government discussed detailed GVCM measures at a ministerial meeting on external economic affairs on Oct. 12,

South Korean crypto exchanges recorded 972.92 billion won ($692 million) in cumulative recurring-buy investments as of the end of August, marking a 78.9% increase from 543.85 billion won ($387 million) at the end of last year, according to data analyzed by lawmaker Park Sang-hyuk from the National A

US Treasury Secretary Scott Bessent announced plans to seize $1 billion in cryptocurrency linked to Iran during an interview at Newsmax's NPolicy Summit in Washington, D.C. The seizure, which Bessent said could happen 'this week,' is part of what he described as an 'absolute isolation campaign'