Gate Cryptocurrency News and Market Analysis

Meta Platforms Inc. is letting go of employees it hired from AI security startup Virtue AI four months after they joined the company in June. Meta spokesperson Andy Stone attributed the departures to clashing work styles, according to a report in Semafor. The separations come as the social media com

Porsche has shut down its PIONΞERS CIRCLE NFT project, leaving holders with digital artworks whose floor price has fallen 96% from its peak. The project, which featured NFTs modeled after the Porsche 911 and offered holders access to events and awards, launched in 2023 with a mint price of 0.911

Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, cut 17% of its workforce this week, CEO Nathan McCauley informed employees. The reduction stems from the prolonged crypto market downturn weighing on the company. Anchorage had

Bitcoin briefly slipped below $84,000 on October 3. As of 3:42 a.m. on October 3, Bitcoin was trading at $83,936 on Binance's Tether (USDT) market, down 1.33% from a day earlier. FAQ What was Bitcoin's price on Binance's USDT market on October 3? As of 3:42 a.m. on October 3, Bitcoin was trading

Lee Dong-heon, a research fellow at Shinhan Investment Securities, disclosed an aerospace stock investment strategy in an interview with MoneyToday's YouTube channel 'Bukkumi'. Domestic and international aerospace stocks have shown high

PGA generated over $136,000 in fee revenue within its first week following its launch on Arbitrum One on September 25, 2026, according to a tweet from @arbitrum. Approximately 50% of all transactions included a priority fee during this period. Arbitrum One is a layer-2 scaling solution designed to i

Algorand's Chief Strategy and Marketing Officer @marcvl engaged with @RTB_io in a recent discussion to highlight the platform's technological innovations developed over seven years of operation. The conversation focused on Algorand's approach to addressing the blockchain trilemma and showcasing

The three major U.S. stock indexes turned higher on Oct. 3. The Nasdaq Composite rose 1.10% from the previous session to close at 27,166.07. The Dow Jones Industrial Average gained 0.40% to 51,129.22, while the S&P 500 increased 0.68% to 7,718.82. Nasdaq Composite Leads U.S. Stocks Higher on Oct.

Uniswap Labs is advising SMBC Nikko, one of Japan's largest securities firms, on the integration and liquidity deployment for a new trading venue expected to launch in mid-2027. This partnership focuses on establishing a trading venue that adheres to Japan's regulatory requirements for crypto tradin

Cboe Global Markets is exploring perpetual futures tied to the VIX, potentially bringing one of crypto's most important derivatives structures to Wall Street's main volatility benchmark. The idea remains at an early stage, with no contract specifications, regulatory filing or launch timetable

Charles Hoskinson, CEO of Input Output Global, clarified on September 29, 2026, that he holds no official role in the Cardano network and is not accountable for its adoption rate. The statement came in response to community criticism over slow ecosystem growth and ADA's 92% decline from its

Bitcoin whales accumulated 75,000 BTC over the past 30 days, according to data published by on-chain analytics firm CryptoQuant on Oct. 2. Bitcoin whales are investors or addresses that hold large amounts of Bitcoin. The data indicates large holders increased their Bitcoin holdings over the past

The US Bureau of Labor Statistics slashed job gains for July and August by 60,000 following the Federal Reserve's interest rate hike on September 16. The BLS reported a 21,000 gain in July but now shows a 10,000 loss, while August estimates were cut by 29,000 jobs. The revisions stem from

Nvidia approved a $150 billion increase to its share repurchase program, giving the AI chipmaker one of the largest buyback cushions ever authorized by a public company. The new authorization lifts Nvidia's remaining repurchase capacity to $235 billion, which the company expects to use through

The New York Department of Financial Services (NYDFS) is taking steps to enhance oversight of stablecoins and digital assets. Acting Superintendent Asrow emphasized the need for coordinated regulatory frameworks in a recent discussion with Anne Michaud from Crain's New York. This focus reflects the

Tether's USDT is set to return to Bitcoin this month through infrastructure provider Utexo, more than a decade after the stablecoin first launched on the network in 2014 and later shifted most of its activity to Ethereum and Tron. Utexo co-founder Viktor Ihnatiuk said the company has obtained a

Investors poured $20.6 billion into U.S. equity funds in the week through Sept. 30 while pulling $41.36 billion from money-market funds, according to Reuters. The shift suggests cash is rotating back toward risk assets, driven by strong AI-linked earnings and demand forecasts that have kept

New Mexico is seeking fines of up to $40 billion from Meta Platforms Inc. after a jury found the company misled consumers in a privacy case tied to Cambridge Analytica, Cointelegraph reported October 2. The penalties stem from the jury's finding that Meta misled consumers about the privacy of

The Russian government has begun paying salaries to employees of state institutions in digital rubles, the Ministry of Finance reported. Participation in the program is voluntary—employees open accounts on the Bank of Russia’s platform themselves to receive their salaries in CBDC (central bank digital currency). The Ministry of Finance emphasized that no one is required to receive their salary in digital rubles; this is solely at each individual’s discretion. Until now, salary payments in digita

GEODNET reported over 150 enterprise customers in August, marking expansion in the physical AI positioning technology market. The company recorded approximately $2.8 million in revenue during Q3, doubling