Gate Cryptocurrency News and Market Analysis

South Korean President Lee Jae-myung held a luncheon with the Korean diaspora and participated in a Silicon Valley Venture Investment Meetup on May 25 (local time) in San Francisco, the second day of his 7-night-11-day Latin America tour. The meetup followed his previous meetings with global AI

President Lee Jae-myung on the 25th (local time) welcomed the European Union's decision to grant South Korea an exemption for liquefied natural gas imports from Russia's Sakhalin-II project, stating it would significantly benefit citizens' daily lives and the economy amid growing energy supply

Logistics companies including UPS and FedEx are expanding temperature-controlled infrastructure to meet rising demand for specialized medications like GLP-1s. In June, UPS announced a $48 million investment in temperature-controlled facilities, while FedEx's healthcare transportation revenue

Amazon Prime customers have until Monday, July 27th, to submit claims for payments from the company's $2.5 billion settlement with the Federal Trade Commission (FTC). The settlement resolves a 2023 FTC lawsuit that accused Amazon of enrolling tens of millions of customers into Prime subscriptions wi

Fidelity called on the US Senate to pass the CLARITY Act on Friday, stating that clear digital asset regulations are needed to strengthen investor confidence, provide certainty for market participants and reinforce US leadership in global crypto markets. The call aims to address regulatory

North American Derivatives Exchange Inc., operating as OG Prediction Markets and Crypto.com | Derivatives North America, filed a federal lawsuit Wednesday in the Western District of Washington seeking to prevent state officials from applying gambling laws to its event contracts. The CFTC-regulated e

Arbitrum's Security Council has initiated a non-emergency governance action to correct a Delegated Voting Power discrepancy in the ARB token contract, reducing the recorded total DVP by roughly 51.17 million ARB. The discrepancy originated from initial initialization estimates, according to a

Grayscale, a leading digital asset manager, stated the bipartisan CLARITY Act could eliminate regulatory uncertainty and unlock institutional crypto growth, comparing its potential impact to spot crypto ETFs. The Senate has 14 days to approve the legislation before lawmakers break for the August

SpaceX closed at $118.24 on the 23rd, up 2.59% from the previous trading day but still below its $135 IPO price, as CEO Elon Musk issued a warning to short sellers via social media. The stock has declined 47% from its post-IPO peak of $225.64, with short sellers accumulating an estimated $15.5

NEAR governance voted to eliminate the network's 30% developer gas rebate program, redirecting all execution fees toward a protocol-level burn mechanism. The decision, formalized as proposal HSP-027 through House of Stake, will take effect with the nearcore v2.14 upgrade in August 2026. The change r

Alphabet and Tesla experienced sharp stock declines of 7.1% and 14.5% respectively immediately following their earnings reports, despite both companies posting revenue increases. The drops occurred as funds allocated to artificial intelligence business operations surged, while international oil

Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange on Wednesday and shutting down its network on Aug. 13. Dango founder Larry Liu cited cash shortages, legal challenges that slowed momentum, the loss of team members, and broader market

Korean refinery stocks surged this month as US-Iran military tensions drove Brent crude above $100 per barrel on the 23rd (local time), while airline stocks declined sharply. S-Oil rose 42.11% this month and closed 0.93% higher at 151,200 won on the 24th, as KOSPI fell 5.72%. The divergence stems

eth.limo published its Q2 2026 update showing ENS infrastructure developments beyond cryptocurrency wallet naming. The decentralized gateway reported performance improvements, decentralized web deployments, and public-sector adoption during the quarter. Turkey's Directorate of Communications

Korean listed companies show a widening ESG disclosure gap as of 2025, according to Kim Yun-hee, an analyst at the National Assembly Budget Office. Among 801 KOSPI-listed companies analyzed, only 222 companies (27.7%) disclosed ESG information, with top-tier firms by asset size achieving a 76.2% dis

Engendro Velho farm in Paraná, Brazil received a loan of nearly $20K from BMP, a direct credit society, using 10 cows as collateral through a tokenized transaction registered with B3 by fintech company Target FIDC. The tokenization and real-time monitoring of the herd via smart collars enable

The crypto sector is expected to generate $55 billion in total economic output this year while sustaining 232,000 jobs nationwide, including 34,000 direct roles at crypto companies, according to a report from the National Cryptocurrency Association (NCA). The figures indicate crypto directly

Optimism disclosed a critical vulnerability in its pre-Lagoon refund path through a post on the Optimism governance forum. The issue involved the SDM verify path accepting forged refund payloads without recomputation, creating a risk where the system could accept refund data it should not have

Dev3pack, an Arbitrum grant recipient, published its final DeFi Builder Club report showing the program recorded 1,018 developer registrations across bootcamps, trained 6 ambassadors, and graduated 9 developer teams into the Uniswap Hook Incubator program. The report was posted on the Arbitrum

Naver, NVIDIA, and Brookfield announced on the 25th the expansion of their multi-tenant artificial intelligence (AI) factory in Sejong City from the original 55 megawatts (MW) to 200MW by 2028. The announcement was made at the AI Summit in San Francisco. The expansion aims to provide large-scale