Gate Cryptocurrency News and Market Analysis

Major listed Korean REITs lost over 60% of their value in the past 2 years while the KOSPI index rose 2.6 times, according to Korea Exchange data. The decline was driven by a global commercial real estate market downturn and rising interest rates that increased borrowing costs. JR Global REIT's

BlocksBridge Consulting reported in its latest “Miner Weekly” newsletter that nine publicly listed Bitcoin mining companies spent $5.11 billion on capital expenditures for AI and high-performance computing (HPC) businesses during the first half of 2026, while directly reported AI/HPC revenue totaled only $341.2 million during the same period, resulting in a capital expenditure-to-revenue ratio of approximately 15:1. BlocksBridge’s Capital Expenditure Data According to BlocksBridge Consulting’s m

Japanese stocks declined at the opening on August 21 amid rising US long-term Treasury bond yields, with the Nikkei 225 falling 468.34 points (0.71%) to 65,748.45 as of 9:19 AM, according to Yonhap Infomax World Stock Index. The decline followed overnight weakness in US markets where Treasury yields

South Korean Finance Minister Park Hong-geun announced plans for a Future Response Fund on the 21st at a fiscal strategy meeting, stating the fund will contribute to stable and efficient national fiscal operations, including debt repayment when necessary. The fund will address revenue shortfalls and

Chinese toy manufacturer Pop Mart’s founder and CEO, Wang Ning, announced during the company’s interim results earnings call at the Hong Kong Stock Exchange on August 20 that Pop Mart would launch a stock buyback program worth 2 billion to 5 billion yuan—up to approximately $740 million—within the next six months. According to Mojing Data, which tracks Tmall, Taobao, and Douyin, Pop Mart’s online product sales in China still fell 21% year over year in July despite the launch of new products such

Shein Global Holdings has postponed the listing of its Hong Kong IPO shares to Sept. 1, following slight delays in receiving investor orders and adjustments to its valuation. The maximum listing valuation is now capped at no more than $30 billion, and the company plans to begin bookbuilding on Aug. 24. Shein Hong Kong IPO Timeline Adjusted According to people familiar with the matter, Shein initially aimed to complete the entire IPO process by the end of August. Due to delays in receiving invest

Malwarebytes revealed this week that fake anti-money laundering (AML) screening websites are stealing cryptocurrency investors’ assets. Some websites impersonate the legitimate AML screening service AMLBot, while others use generic names such as “AML Check” to trick users into connecting their wallets and ultimately approving a transaction that drains their assets. Key Technical Differences Between Legitimate and Fake AML Screening In the cryptocurrency sector, the essence of anti-money launderi

The Federal Reserve's foreign reverse repo facility balance reached approximately $373.4 billion as of the 19th, marking an 8-month high since the first week of October last year, according to Fed data released on the 20th (local time). The balance increased by approximately $55.7 billion over the r

Bloomberg reported on August 21 that code embedded in the U.S. iPhone version of TikTok’s app revealed that TikTok is developing a “DM-to-DM payments” feature that would allow U.S. users to send money directly through direct messages (DMs). Rival platform X is building a super app that includes cryptocurrency and stock trading, and some creators have tested financial features such as X Money. Feature Details Discovered in TikTok’s iPhone Code According to Bloomberg’s code analysis, TikTok’s P2P

On August 21, 2026, the crypto market reached a critical turning point. According to Gate market data, BTC/USDT briefly broke above $75,000 intraday before climbing to $75,780, representing a 24-hour gain of 7.8%. Bitcoin returned to this high range for the first time since June, posting a cumulative gain of more than 14% over two days. Alongside Bitcoin’s strong rebound, Strategy (NASDAQ: MSTR) shares rose sharply for two consecutive days. On August 20, MSTR closed at $112.39, up 7.81% for the

US Bitcoin spot exchange-traded funds (ETFs) recorded $1 billion in net inflows for the week ending May 19, according to data from cryptocurrency platform SoSoValue reported on May 21. The inflow marks a reversal from the previous week's $389.71 million net outflow and represents the largest

Shinhan Asset Management signed a four-party memorandum of understanding (MOU) on the 21st with Solana Foundation, tokenization issuance platform Etherfuse, and on-chain liquidity infrastructure Orca to conduct a proof of concept (PoC) for the issuance and distribution of a KRW-denominated

Rapid7 Labs researchers Anna Širokova and Jan Recinsky published a report on August 17 exposing a cryptocurrency phishing operation codenamed “Operation ASTERIX.” The operation targeted 885,000 phone numbers, while a server misconfiguration exposed the attackers’ entire playbook; another 5,576 numbers were associated with Binance accounts and marked as attack targets. Complete Operation Playbook Exposed by Server Misconfiguration Due to a server misconfiguration, the attackers accidentally expos

Kumho Electric and Kumho E&C stocks surged on the 21st following President Lee's renewed call for rapid execution of the Honam semiconductor cluster project. At 10:18, Kumho Electric traded at 8,890 won, up 19.17% from the previous session, after hitting the daily price limit of 9,690 won