Gate Cryptocurrency News and Market Analysis

South Korea's government and the Bank of Korea plan to amend the country's Foreign Exchange Transactions Act within 2026 to regulate stablecoins as payment instruments, tightening oversight of digital assets used for cross-border transfers. The Bank of Korea said it is coordinating with the governme

The USD/JPY exchange rate experienced sharp intraday fluctuations before settling near flat levels on May 23, according to data from Yonhap Infomax. As of 9:56 AM Eastern Time, the pair traded at 156.708 yen, down 0.161 yen (0.103%) from the previous session's 4 PM reference price. The volatility st

Aave launched a new feature called Earn on Aave Pro, designed to simplify yield comparisons for users. The tool enables users to compare various assets based on annual percentage yield (APY), select their preferred V4 market, and complete deposits. Aave is a decentralized finance protocol that

The cryptocurrency community is expressing interest in potential developments related to ZK rollups, following a recent tweet from @zksync. ZK rollups are a layer 2 scaling solution designed to increase transaction throughput on the Ethereum network by enabling off-chain transactions while

Democrats voted down the Clarity Act, legislation designed to empower state attorneys general to sue digital asset exchanges directly. Senator Cynthia Lummis noted the decision could hinder efforts to establish a clearer regulatory framework for the crypto industry. The rejection reflects ongoing co

Webull has made extended-hours trading available for selected single-stock and exchange-traded fund options to eligible US customers, opening a pre-market window from 7:30 a.m. to 9:25 a.m. Eastern Time and a post-market window from 4:00 p.m. to 4:15 p.m. The service is intended to let customers

Lev Shneur (also known as Lev Grachev), former lead singer of the band Tet-a-Tet and son of renowned producer Matvey Anichkin (Shneur), has become embroiled in a major cryptocurrency fraud involving the theft of hundreds of thousands of dollars, according to an investigation by VChK-OGPU and Rucriminal.info. Sources say that at least two lawsuits have been filed against Grachev and his wife, Leila Manafova, in Dubai courts, seeking a total of more than 6 million dirhams (over $1.6 million). Matv

Binance announced on 13 October 2026 that Binance Pool and all related services will shut down permanently at 07:00 UTC on 10 November 2026, giving Bitcoin miners four weeks' notice. As of 23 October, 18 days remain before the deadline. The closure ends a mining operation that ran for more than

Robinhood Ventures Fund I announced its investment in Cognition, a company focused on developing end-to-end software agents. The investment includes participation from Databricks and OpenAI. Cognition operates in the AI development space, creating advanced software agents as part of a broader

The United Kingdom's Financial Conduct Authority (FCA) opened two public consultations on 21 October that will define how decentralized finance (DeFi) businesses operate under the country's incoming cryptoasset regime. The consultations, which accept industry responses until 18 November, address com

Bank Negara Malaysia and the Bank of Thailand have joined Singapore's BLOOM initiative as policymaker members, expanding the cross-border stablecoin payment program across three Southeast Asian economies. The initiative brings together regulators and industry participants to explore cross-border

NEAR Protocol co-founder ilblackdragon participated in a discussion hosted by Bitcoin Suisse focused on the NEAR Protocol economy. The conversation emphasized preparing blockchain systems for a post-AGI world rather than simply keeping pace with emerging technologies. NEAR Protocol is a blockchain p

A wallet linked to the Cysic bridge exploit sent approximately $744,000 in Ether and BNB to Tornado Cash on October 23. The address transferred 300 ETH worth approximately $721,100 and 30.4 BNB valued at about $22,600 into the privacy protocol, complicating recovery efforts less than a day after the

Bank of America analyst Shaun Kelley stated on October 23 at the NextPredict Summit that prediction-market platforms such as Kalshi are emerging as competitive threats to traditional sportsbook operators including DraftKings and FanDuel. Kelley attributed this competitive shift to Wall Street's

U.S. spot Bitcoin ETFs shed $635.6 million on Thursday, erasing nearly 60% of a three-day, $1.07 billion inflow streak and flipping October back to a net loss of about $176 million, according to Decrypt's ETF tracker. The single-day outflow was the largest of the month, surpassing the $484.9 million

US Treasury bond prices declined slightly on the morning of October 23 (US Eastern Time), with the 10-year Treasury yield rising 1.30 basis points to 4.965% as of 8:53 AM. The modest increase followed the previous day's sharp rally driven by a flight-to-safety amid concerns over artificial

TikTok U.S. is seeking to secure multiple gigawatts of computing capacity, with one source telling CNBC the company aims for four gigawatts of compute power by the early 2030s. The push comes as companies globally scramble for digital infrastructure to support growing artificial intelligence

Arbitrum One generated $300K in priority fee revenue within one month of its launch, processing 21 million transactions through its new PGA feature. The platform, a layer-2 scaling solution for Ethereum, shared the milestone via the @arbitrum channel. The revenue generation reflects strong user

The Kremlin stated on Oct. 23 that Russian and Ukrainian military officials are coordinating the date of a ceasefire and that Russia would allow civilians who want to leave the Oleshky area of Ukraine to do so. The Kremlin claimed the agreement was reached through mediation by U.S. First Lady

FIO declined 12.91% in the past hour to $0.000356 amid selling pressure across the cryptocurrency market. The cryptocurrency peaked at $0.000409 earlier in the day before the sharp decline. The price movement reflects broader volatility in cryptocurrency markets where mixed signals have created