Gate Cryptocurrency News and Market Analysis

Samsung SDS reported Q3 revenue of 3.7725 trillion won and operating profit of 241 billion won on the 29th. Revenue increased 11.2% year-over-year while operating profit rose 3.7%, driven by growth in both cloud and logistics businesses. The results aligned with market expectations, as analysts

Bybit announced a partnership with FASEFoundation aimed at enhancing financial safety, inclusion, and sustainable empowerment within the cryptocurrency space. The exchange positioned itself as a founding partner in the initiative. The collaboration addresses financial disparities in the crypto

KB Financial Group reported net profit of 1.9131 trillion won for the third quarter, marking a 15.6% increase from the same period last year, the company announced on October 29. The performance brought the financial group's nine-month cumulative net profit to a record 5.7921 trillion won, up 13.1%

The European Central Bank is expected to hold its deposit rate at 2.5% on October 29, Bloomberg reported. The decision weighs stress in France's government bond market and inflation pressure from higher energy prices. Euro area inflation has climbed to nearly double the ECB's 2% target, while

Hyundai Card reported a Q3 net profit of 906 billion won on the 29th, representing a 1.2% increase from 895 billion won in the same period last year. The growth occurred despite rising loan loss provisions, driven by the company's expansion of proprietary brand offerings and premium card products.

Teku and Besu, two Ethereum clients, released security updates on October 29 to address a vulnerability tied to certificates from Indian digital certification authority eMudhra. The updates—Teku version 26.10.3 and Besu version 26.10.2—remove trust for eMudhra-related certificates in Docker images a

ServiceNow shares plunged nearly 18% in after-hours trading on Wednesday after the enterprise software company reported mixed third-quarter earnings and issued disappointing subscription growth guidance. The stock fell to approximately $122.90 in extended trading, down from Wednesday's closing

JupiterExchange partnered with BitGo to launch an institutional-grade validator on Solana. The collaboration enables BitGo's institutional clients to stake SOL directly from their existing custody accounts. This partnership aims to enhance institutional participation in the Solana ecosystem by

Hanwha Solutions reported Q3 revenue of 3.9486 trillion won and operating profit of 90.5 billion won, missing analyst estimates of 4.752 trillion won and 210.5 billion won respectively. The operating profit figure included a 211.8 billion won advanced manufacturing production tax credit (AMPC),

Hyundai Motor announced on the 29th that its Q3 operating profit rose 5.5% year-over-year to 2.6772 trillion won, beating market expectations of 2.4393 trillion won. The profitability improvement came despite production disruptions from holidays, strikes, and Middle East conflicts, driven by

Utah prosecutors filed 14 criminal charges against prediction-market platform KalshiEX LLC and co-founders Tarek Mansour and Luana Lopes Lara on Oct. 29, CoinDesk reported. The charges include one felony count for a pattern of unlawful activity, 12 counts of promoting online

Alphabet saw its shares plunge approximately 9% in after-hours trading on Wednesday after reporting disappointing third-quarter earnings. The decline followed weaker-than-expected profits, rising artificial intelligence infrastructure costs, and concerns over advertising growth that overshadowed

OKX's Global GM, Lennix, recently discussed a vision for decentralized finance during an appearance on the BraveSea podcast. He proposed a single connected global marketplace for DeFi, emphasizing 24/7 tokenized markets and AI-ready financial infrastructure. The discussion aimed to address how

The Depository Trust Company launched the DTCC Tokenization Service on 28 October, enabling banks and brokers to convert stocks, exchange-traded funds, and US Treasuries into blockchain tokens. The service runs on the Canton Network and DTCC's private Besu blockchain, covering assets valued at

DB Securities analyst Lee Jin-kyung issued a report on the 29th examining Anthropic's governance structure ahead of the AI model developer's IPO. The report highlights that Founder LLC will retain 50.1% of voting rights post-IPO, while a separate Long-Term Benefit Trust (LTBT) will hold the power

Samsung Heavy Industries reported Q3 operating profit of 338.4 billion won, a 42.1% increase compared to the same period last year, slightly below market expectations of 348.9 billion won. The improvement was driven by sales of high-value vessels, with the company maintaining a 10.7% operating profi

Coinbase added support for Ripple's RLUSD stablecoin across its platforms on 28 October, enabling retail and institutional clients to trade and manage the coin via Coinbase Exchange, Prime, and the Retail app. The integration covers XRP Ledger, Base, and Ethereum networks, with customers able to

A new wallet deposited $4 million in USDC into Hyperliquid and opened a 5x long position on 3,000 Monero (XMR). The activity was reported by CryptoTwitter commentator @lookonchain. The broader crypto market continues to show mixed signals with various assets fluctuating. New Wallet Deposits $4M US

An Ethereum wallet transferred 2,119 ETH, valued at approximately $4.99 million, to Coinbase, according to CryptoTwitter commentator @lookonchain. The wallet had been inactive for three years before executing this transaction. The transfer has drawn attention from market participants monitoring