Gate Cryptocurrency News and Market Analysis

Whale Alert confirmed a transfer of 134,007,665 USDC from Aave to an unknown wallet on October 22, 2026. The transaction was valued at approximately 133,977,825 USD. Whale Alert is an organization that tracks large transactions and on-chain activity within the cryptocurrency space, providing

Shinhan Bank approved a 1 trillion won cash interim dividend at a recent board meeting, marking the first such mid-year payout in 15 years. The dividend of 630.67 won per common share will be paid to Shinhan Financial Group next month, as the holding company owns 100% of the bank's shares. The

NOW IB decided on a 4-to-1 reverse stock split recently, reducing its capital from 47.9 billion won to 12.3 billion won, according to the investment finance industry on the 23rd. The capital reduction will enable the company to discontinue its credit and capital businesses and transition to a

Moderna stocks plunged as much as 26% intraday on '22일(현지 시각)' following the leak of clinical trial data for a personalized cancer vaccine the company is co-developing with Merck. The data leak occurred just before the scheduled presentation at the European Society for Medical Oncology (ESMO)

South Korea's National Tax Service stated it will strictly investigate cryptocurrency exchange Bithumb if improper corporate expense treatment or tax evasion related to its 'Black Premium Membership' VIP benefits is confirmed. Deputy Commissioner Park Hae-young made the statement during a

The Pentagon has barred Defense Department personnel from trading on prediction markets using nonpublic military information, according to guidance issued by Defense Secretary Pete Hegseth on October 20 and reported by the Associated Press and other outlets on October 22. The restriction applies to

Curve Finance launched a permissionless propAMM, inviting users to participate in governance through voting. The feature aims to enhance community engagement and streamline decision-making processes within the platform. The announcement was made via Twitter, marking a development in the

A wallet linked to crypto venture capital firm Dragonfly Capital transferred 30,000 Hyperliquid tokens (HYPE) to FalconX on Oct. 22, according to on-chain analytics account Onchain Lens. The transfer, valued at approximately $2.33 million, has prompted speculation that the move was intended to

Seoul Central District Court dismissed two major lawsuits filed by Youngpoong and MBK Partners against Korea Zinc management on the previous day, rejecting claims totaling approximately 1.1 trillion won. The court ruled that Korea Zinc's board decisions, including a treasury stock buyback and

Etsy announced Thursday it will ban merchants from selling AI-generated recipes and patterns on its online marketplace, part of new rules around artificial intelligence use on the platform. The company said the policy targets "functional guides" created using AI, including patterns, cooking recipes

The USD-KRW exchange rate closed at 1,326.50 won at 6 AM on the 23rd, rising 2.30 won from the previous Seoul market close of 1,324.20 won, as safe-haven demand intensified across global markets. The won weakened amid a sharp selloff in US technology stocks triggered by Meta's artificial

South Korea's Financial Supervisory Service is revising insurance coverage limit guidelines to prevent excessive claims, with the updated rules set to apply to new contracts starting next year. The revision expands coverage limits to surgeries, treatments, and tests excluding severe illnesses and in

Pershing Square CEO Bill Ackman forecasts a strong year for US stocks in 2027, contingent on war resolution and inflation easing, during an October 22 CNBC 'Squawk on the Street' interview. Ackman attributed current market constraints to the Russia-Ukraine war, Iran-related conflicts, and elevated i

Krafton and Netmarble are forecast to see Q3 2026 operating profits decline over 20% year-over-year as the post-launch period for new titles enters a lull, according to securities analyst consensus compiled on October 23. NCSOFT is expected to return to profitability in Q3 with sustained traffic for

Goldman Sachs reported this month that its hedge fund clients' global stock short positions are approximately five times their long positions, with short leverage reaching the 99th percentile over the past five years. The investment bank's prime brokerage division data reveals this extreme

In US Stock Market News, the midterm elections scheduled for Nov. 3 could significantly affect the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. According to prediction market Polymarket as of Oct. 20, traders predict a 63% chance of Democrats retaking both the House and Senate,

Tether, the issuer of the world's largest stablecoin, is under investigation by the U.S. Senate over alleged conflicts of interest involving former White House crypto aide Beau Hines. Democratic Senator Richard Blumenthal sent letters on Oct. 22 to Tether

South Korea's Financial Services Commission announced on the 23rd new lending regulations for credit card companies and capital firms, limiting real estate-related loans to 50% of total credit. The regulatory changes aim to preemptively manage concentration risk in real estate lending among

SK Hynix announced on October 23 that it has halted the review of pre-IPO and IPO plans for its US subsidiary Solidigm. The company stated the decision was made after comprehensive consideration of capital market conditions. Kiwoom Securities analyst Han Ji-young assessed that this move would

Deckers Outdoor (NYS:DECK), the manufacturer of running shoe brand HOKA and sheepskin boot brand UGG, reported second-quarter fiscal 2027 earnings that exceeded expectations on October 22 (US local time), but the stock plunged 7% in after-hours trading following a downward