Gate Cryptocurrency News and Market Analysis

MoonPay launched PayBox, a payment tool designed to enable crypto transactions directly inside Grok AI chatbot workflows. The product aims to reduce friction in crypto payments by embedding transaction capabilities within conversational AI interfaces, eliminating the need for users to switch

Alteogen [stock code 196170] signed an option and license agreement with Novartis on the 2nd for the development and commercialization of ALT-B4-based subcutaneous formulation drugs utilizing Hybroza technology. The contract value reaches a maximum of $3.223 billion (approximately ₩4.4165

Samsung Biologics shares declined 1.64% to 1.495 million won as of 1:30 PM on May 28, extending losses after the company announced a 3 trillion won rights offering on May 28. The stock has failed to recover since the announcement, with market capitalization falling from 73.7877 trillion won to 69.48

Korea Gas Corporation, Korea Electric Power Corporation, and Korea Housing Finance Corporation completed bond issuances totaling 690 billion won on the 2nd through competitive bidding. Korea Gas raised 100 billion won via 3-year bonds, Korea Electric Power raised 540 billion won across 2/3/5-year

Ilya Sutskever, co-founder of Safe Superintelligence and OpenAI, warned that neocloud providers could become prime cybersecurity targets if AI agents operate autonomously and replicate themselves. Sutskever said in a post on X that neoclouds have limited cybersecurity and urged companies to

OKX announced on the 2nd (Korean time) the listing of perpetual futures for 2x leveraged exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix. The products, named CSOPSAMSUNG2L and CSOPSKHYNIX2L, enable traders to gain leveraged exposure to the two South Korean semiconductor

Nikesh Arora, Chairman and CEO of Palo Alto Networks, warned on May 1 during a CNBC Mad Money appearance that the global cybersecurity industry must replace approximately $1 trillion worth of legacy security infrastructure to defend against AI-based cyber attacks. Arora stated that none of the

U.S. Treasury Secretary Scott Bessent announced in an Aug. 30 Associated Press interview that the Treasury plans to sanction another bank this week as part of Operation Economic Outcast targeting Iran-linked financial networks. The Financial Crimes Enforcement Network (FinCEN) proposed a rule on Aug

The Reserve Bank of New Zealand (RBNZ) raised its Official Cash Rate (OCR) by 25 basis points to 2.75% on the 2nd, marking the second consecutive rate increase. The decision, reached unanimously by the Monetary Policy Committee, responds to inflation rising to 4.1% in the second quarter driven by oi

Hajime Takata, a policy board member of the Bank of Japan (BOJ), called for raising policy rates toward neutral levels during a speech at a financial forum in Sapporo on May 2. Takata stated the need to approach neutral rate levels to address secondary effects of

Doosan Fuel Cell stocks plunged 12.85% to 38,650 won during trading on the 2nd, despite announcing a 501.4 billion won contract to supply fuel cells for US AI data center power systems. The decline followed profit-taking by investors after recent price gains driven by expectations of US data center

Kalshi and Polymarket saw their combined volume decline in August, marking the first month-over-month drop in a year. According to The Block's data dashboard, the combined monthly volume at Kalshi, Polymarket and Polymarket US fell 14.5% in August to $45.33 billion, the first decline since August 20

Core DAO is coordinating an emergency hard fork after validators claimed more CORE rewards than the blockchain intended to issue. In an update, Core said the incident had been contained and that malicious validators could no longer draw excess rewards, adding the fork would be a forward upgrade

Lee Seung-ho of the Capital Market Research Institute stated won-denominated stablecoins could reduce capital outflow concerns from dollar stablecoins. On the 2nd (Korean time), Lee spoke at the 'The Future of Trade Settlement Changed by Stablecoins' seminar at KBIZ Hall in Yeouido, Seoul. He

SHEIN, the world's largest online fashion retailer, is launching its tokenization initiative on Solana's blockchain. The integration allows SHEIN to issue a native utility token that enhances customer engagement through rewards and payment systems. Solana's blockchain was selected for this

Australia's second-quarter GDP grew 0.4% quarter-on-quarter on a seasonally adjusted basis, exceeding the market expectation of 0.3%, according to data released by the Australian Bureau of Statistics (ABS) on the 2nd. Year-on-year growth reached 2.1%. Household consumption and net exports drove the

SlowMist Team reported a security flaw in the GebProxyActions contract that resulted in a loss of approximately 5.9436 ETH. The vulnerability stemmed from a lack of caller access control within the quitSystem function, allowing an attacker

Danal, a South Korean electronic payment company, signed a memorandum of understanding (MOU) with Infinity Exchange Korea (INNX) on the 2nd to build stablecoin-based payment and settlement infrastructure. The partnership aims to combine Danal's electronic payment licenses with INNX's Virtual Asset S