Gate Cryptocurrency News and Market Analysis

Polygon Labs issued an urgent notice requiring all Polygon PoS node operators to upgrade their Bor and Heimdall clients following the activation of the Austin and Kyoto hard forks. The company disclosed that several previously unreported security vulnerabilities have been patched through these

TARA cryptocurrency surged 10.31% in the last hour, reaching a current price of $0.000035. The altcoin recorded a 24-hour high of $0.00004 and a low of $0.00003223, marking a 12.95% increase over the past 24 hours. Trading volume over the past 24 hours stands at $57,047, with a market cap of $218,64

The Democratic Party of Korea announced on the 31st a plan to strengthen disclosure systems to advance financial markets. Former lawmaker Lee Yong-woo, who chairs the party's 'AI Transformation Financial, Stock Market, and Economic System Improvement Task Force,' identified disclosure system

Hanwha Aerospace received approval from Korea's Fair Trade Commission on the 31st to acquire a 15.89% stake in Korea Aerospace Industries (KAI), making it the second-largest shareholder. The acquisition, comprising 9.9% held by Hanwha Aerospace, 4.98% by Hanwha Systems, and 1.01% by Hanwha Aerospace

A South Korean 2-year treasury bond auction on the 31st produced an unusual double split, with winning rates ranging from 3.705% to 3.785%, according to the Ministry of Finance and Economy. The 8 basis point spread between the lowest and highest winning rates suggests three separate rate levels

Jung Jae-gwan, chairman of the Korea Armed Forces Mutual Aid Association (KAFMAA), submitted his resignation to the Ministry of National Defense recently citing personal reasons. The organization manages approximately 15 trillion won in assets. The succession process requires document screening, per

Dollar-yen fell to the 159 yen range in Tokyo forex trading on August 31, reversing earlier gains that briefly pushed the pair to 160.200 yen. The currency pair traded at 159.776 yen as of 1:54 PM, down 0.20% from the previous session, as stronger-than-expected Japanese economic data and policy

KOSPI recovered the 6800 level on the 31st, closing at 6820.02, up 31.14 points (0.46%), after plunging over 3% during early trading driven by share buybacks from Samsung Electronics and SK Hynix. The index opened at 6613.58, down 175.30 points (2.58%), and dropped more than 3% intraday before recov

Four executives at Hyundai Motor Securities withdrew 55,014 employee stock ownership plan shares from the union account to personal accounts on May 24, according to disclosures filed with the Financial Supervisory Service. The withdrawal stems from shares originally allocated during the company's 20

KOSPI market weight shifted from large-cap stocks to individual equities on May 28 as the index paused near the 7000 level. The benchmark fell 1.79% to 6788.88, yet 640 stocks rose versus 238 that declined on the Korea Exchange. The divergence occurred as Samsung Electronics and SK Hynix pulled

Hyundai Motor Group's robot-related stocks remain sluggish as of August 31 at 2:39 PM, following sharp declines from June peaks despite earlier physical AI expectations. Hyundai AutoEver trades at 418,500 won,

Gold, silver, and copper prices surged in recent weeks amid growing uncertainty over interest rates and exchange rates driven by 'Bessentnomics'—economic policies of US Treasury Secretary Scott Bessent focused on fiscal austerity, inflation control, and a weaker dollar. On May 28 (local time), inter

Sberbank projects Russia's newly legalized crypto trading will reach 4 trillion rubles ($46.43 billion) in its first year following the Bank of Russia's approval of broker-based crypto purchases effective September 1. Sberbank Deputy Chairman Anatoly Popov stated the bank expects conservative

Solana (SOL) climbed roughly 46% in August, breaking a ten-month monthly losing streak as institutional capital flowed into the network. The token reached $110.38 on Aug. 27, its highest level since late January, and traded near $106 on Sunday afternoon. The rally was driven by U.S. spot Solana

Iceland voters rejected a proposal to resume European Union membership talks in a referendum held on August 30, with 52.8% voting No (105,339 votes), according to numbers reported by RÚV, the country's official broadcaster. The rejection was driven by a rural-urban divide, with rural communities

The UK government published its first official statistics on taxable crypto asset gains on Aug. 27, revealing that 240 individuals each declared more than £1 million in capital gains during the 2024-25 tax year. HM Revenue and Customs (HMRC) released the data as part of its annual Capital Gains

Korean preferred stocks trade at steep discounts to common shares due to governance structure flaws rather than lack of voting rights, according to analysis presented at a Korea Corporate Governance Forum seminar held at the Financial Investment Education Center in Yeouido, Seoul on the 31st. The to

On the 27th (local time), CNBC reported that Chinese super-rich individuals are returning to Singapore as China tightens overseas asset management and geopolitical concerns grow, reversing a trend that previously saw them favor Dubai and Japan. Separately, UK health research program 'Our Future

US President Donald Trump escalated pressure on Iran on the 30th (local time) by posting an AI-generated video on Truth Social depicting the bombing of Kharg Island, Iran's critical oil export hub. The video shows sequential explosions of oil storage tanks and tankers on the island, which handles

Korea Exchange (KRX) will revise KOSDAQ implementation rules in September to adjust how market capitalization is calculated for delisting criteria when companies conduct rights issues or dividend distributions. KOSPI implementation rules were already revised on the 27th with identical provisions.