Gate Cryptocurrency News and Market Analysis

Park Yong-jin, Vice Chairman of South Korea's Regulatory Rationalization Committee, urged related agencies on the 2nd to accelerate the implementation of a shortened securities settlement cycle (T+1) while ensuring market stability and investor protection. Park made the remarks at a forum on shorten

Ecopro BM announced on the 2nd that its securities registration for a capital increase became effective, with the share issue price revised from 121,200 won to 89,500 won. The company will issue 9.9099 million shares, reducing total fundraising from the initially planned 1.2 trillion won to 886.1

South Korean Deputy Prime Minister and Finance Minister Koo Yoon-cheol held bilateral meetings with finance leaders from the United States, United Kingdom, France, Italy, India, Qatar, and the European Union on the sidelines of the second G20 Finance Ministers and Central Bank Governors Meeting in

Samsung Electronics and SK Hynix declined in August while South Korea's KOSPI index rose 3.40%, breaking the traditional correlation between the two semiconductor giants and the broader market. Samsung Electronics fell 0.95% to 260,000 won and SK Hynix dropped 2.56% to 1,674,000 won during the

Injective and Ontology both experienced block production halts around August 31 due to separate security incidents affecting the two Layer-1 networks, with an exploit on Injective estimated to have extracted approximately $4.9 million. Injective stopped producing blocks for roughly three hours and 4

South Korea's Ministry of Health and Welfare confirmed on September 2 that it will review the National Pension Service's geopolitical risk management. The acknowledgment came after lawmaker Kim Yong-tae of the People Power Party raised concerns that the NPS participated in Zhongji Innolight's Hong K

Korea Growth Financial Investment Management will announce the sub-fund general partner (GP) selection results for the second National Growth Fund on the 3rd, according to financial investment industry sources on the 2nd. Korea Growth Financial and the Financial Services Commission plan to submit a

A major retail group has deployed blockchain verification infrastructure built on Cardano's ecosystem for supply chain management, according to the Cardano Foundation. The deployment represents a concrete example of enterprise adoption for the blockchain network, which has positioned itself around f

Korean stock markets plunged on the 2nd as US-Iran military tensions escalated sharply. The KOSPI closed down 273.08 points or 3.99% at 6,562.72, while the KOSDAQ fell 17.27 points or 2.10% to 803.98. The sell-off was driven by US airstrikes on Iranian Revolutionary Guard Corps military facilities a

The USD-JPY exchange rate traded at 160.160 yen as of 1:44 PM Tokyo time on September 2nd, up 0.01% from the previous session, remaining in strong consolidation territory despite inflation concerns triggered by rising oil prices. BOJ board member Takada Hajime's hawkish remarks on flexible rate

Strategy Inc. CEO Phong Le detailed the company's Bitcoin investment strategy in a recent Bloomberg interview, outlining plans to sell Bitcoin in the $60,000 range while indicating future purchases at around $80,000. The strategy aims to optimize the company's capital structure as market

Australian housing prices fell 0.9% in August, French Michelin-starred restaurants reported systematic customer theft of high-value tableware, Canadians reduced purchases of US products amid trade tensions, Instagram announced mandatory AI-generated profile labeling for influencer accounts, and

Anthropic could eclipse SpaceX with the largest stock offering in history, but PitchBook senior analyst Harrison Rolfes warned the AI company may need Microsoft-like gross margins of about 70% to sustain its massive computing commitments. The company has committed $80 billion to computing capacity t

Samsung Electronics and SK Hynix stock buyback programs are serving as a market support mechanism for the KOSPI, according to data from the Korea Exchange as of the previous trading day. SK Hynix has purchased 5.85 million shares, representing 24.3% of its planned 24.07 million shares, while Samsung

Korean retail investors held margin trading balances totaling 58.7561 trillion won as of month-end, comprising 33.2527 trillion won in credit margin (up 14.92% month-over-month) and 25.5034 trillion won in securities collateral loans (up 0.21%). The Bank of Korea raised its base rate from 2.75% to 3

Binance is adding options on more than 1,000 US-listed stocks and exchange-traded funds for eligible non-US users. The service operates through Nest Trading Limited, Binance's broker-dealer regulated by Abu Dhabi Global Market, with US-registered Alpaca Securities handling execution, clearing,

Figure Technology Solutions has completed its $717 million acquisition of Kiavi, expanding its blockchain-based lending marketplace into residential real estate investor finance. The transaction closed Sept. 1 after Figure announced the agreement in June. The deal adds Kiavi’s technology,

Fogo has restarted its mainnet after a security incident that resulted in the theft of 400 million FOGO tokens. The project said the network is operating normally again after the disruption. The team recovered 237 million of the stolen tokens and permanently removed them from the total supply. The

The U.S. Department of Commerce is moving official economic data onto public blockchain networks through Chainlink, allowing decentralized applications to access selected figures published by the Bureau of Economic Analysis (BEA). The initiative covers 10 blockchain networks and is designed to