Gate Insights and Crypto Market Analysis

Kakao released four small language models (SLMs) of its self-developed artificial intelligence model 'Kana' as open source on the 28th. The company announced it published the models on Hugging Face, an open-source platform, including 'Kana-2-1.3B-base' designed to run on devices such as

KB Financial Group and Google Cloud announced a strategic partnership on the 28th to accelerate group-level AI transformation (AX). The collaboration combines Google Cloud's latest AI technology with KB Financial's financial expertise to drive business innovation, improve customer financial

Shinhan Financial Group's labor union coalition issued a joint statement criticizing the company's aggressive signup targets for its newly launched Super SOL integrated app. The union coalition, comprising unions from Shinhan's banking, card, securities, and insurance subsidiaries, stated that the 3

Apple stock reached a record closing price of $336.91 on July 27, pushing its market capitalization to $4.93 trillion and reclaiming the title of world's most valuable public company from Nvidia. The surge comes ahead of the company's fiscal third-quarter earnings report on July 30. Dan Niles,

Naver executed a third-party capital increase of $1 billion (approximately 1.48 trillion won) targeting NVIDIA, enabling NVIDIA to acquire a 4.5% stake (7.241 million shares) and become Naver's third-largest shareholder following the National Pension Service and BlackRock. This marks Naver's first c

On July 27, the U.S. stock market closed, and Circle’s shares rose 5.31%. The company announced that it will acquire base assets from IBM’s blockchain investment portfolio, making it the largest holder of blockchain patents in the United States. According to the announcement, the acquired patent portfolio includes more than 680 patent families and nearly 1,000 patents already granted worldwide. It covers core blockchain technology, banking, financial services, insurance, enterprise infrastructur

US tech stocks are showing positive signals to attract investors again after experiencing an 11% correction from June highs, according to Keith Lerner, Chief Investment Officer at Truist. The pullback marks the fifth double-digit correction in the current bull market but represents the shallowest an

South Korea's Financial Services Commission (FSC) Chairman Lee Eok-won held a meeting with financial investment industry representatives on the morning of May 28 and announced potential second-tier regulations for

K-Bank extended its suspension of new minus account openings until August 31, prolonging a measure originally set to end on July 31. The extension reflects efforts to comply with financial authorities' household loan quota targets for this year. Banks across South Korea are implementing various

The Securities and Exchange Commission of Zimbabwe (SECZ) approved seven fintech firms to participate in its regulatory sandbox testing framework. Acting CEO Tichaona Mushambadope issued a public notice announcing the approval, which advances the regulator's efforts to embrace digital financial

Trump (Donald Trump), the U.S. president, said during a reporter interview on Air Force One on July 28 that he supports Federal Reserve Chair Kevin Warsh. He called him “very outstanding,” but criticized other members of the board as “very political.” Trump directly accused: “You need to get approval from some people who may have ulterior motives; interest rates should be lowered. The United States should have the lowest interest rates in the world, just like 30 years ago.” Trump Air Force One i

Michael Burry, the investor known as the real-life model for the film 'The Big Short,' identified the private credit market as a potential risk factor in the artificial intelligence investment boom on May 27. Burry warned that insurance companies have accumulated large holdings of risky,

On July 28, Bitcoin fell back to $63,500. After the overnight U.S. stock market close, NVIDIA shares were down about 4.8%, dragging down AI-related stocks. This week is packed with key events: the FOMC rate decision by the FED on Wednesday; the core PCE inflation report and second-quarter GDP data on Thursday; and earnings from Microsoft, Meta, Apple, and Amazon. On Friday, Bitcoin and Ethereum options worth about $13 billion to $14 billion are set to expire. Market Focus on the FED’s July 29 De

CME Group, the world's largest derivatives exchange, on May 27 (US local time) launched single-stock futures trading on 55 major US stocks including SpaceX and Micron Technology, according to CNBC. The Chicago Mercantile Exchange introduced cash-settled single-stock futures contracts alongside

South Korean stocks plunged on May 28, with the KOSPI index falling 7.43% to 6253.81 at 9:25 AM, triggering a sell-side circuit breaker. The sharp decline was driven by overnight weakness in US semiconductor stocks, particularly Nvidia's nearly 5% drop, and concerns over Chinese semiconductor

South Korea's Financial Supervisory Service (FSS) issued new auto-secured loan guidelines to savings banks on July 24, capping the loan-to-value (LTV) ratio at 100% and requiring any excess amount to be underwritten as standard credit loans. The measure aims to prevent a balloon effect following the

Mirae Asset Asset Management announced on the 28th that the TIGER US Philadelphia Semiconductor NASDAQ ETF recorded net assets of 6.0609 trillion won as of the previous day, according to Korea Exchange data. The ETF has become the largest overseas thematic ETF listed in Korea. The asset growth