Gate Insights and Crypto Market Analysis

Dong-A Socio Holdings held a board meeting on the morning of the 23rd and approved the absorption merger of its 100% subsidiary Dong-A Pharmaceutical, with the merger scheduled for October 1. The company will transition from a pure holding company to an operating holding company structure that

South Korea's Big 4 entertainment companies saw target price cuts from analysts on July 23, as HYBE closed at 211,000 won (down 36.1% year-to-date), SM Entertainment and YG Entertainment fell over 40%, and JYP Entertainment dropped over 30% — contrasting sharply with the KOSPI index's 68.4% gain ove

Foreign investors resumed buying Samsung Electronics and SK Hynix stocks from July 8-23, purchasing 1.097 trillion won and 468.9 billion won respectively on the Korean stock market. The buying activity occurred as exchange rates stabilized and stock prices underwent significant short-term

Blockchain security firm CertiK reported on Thursday that home invasions became the most common form of crypto wrench attacks during the first half of 2026, rising to 20 publicly reported incidents from just one a year earlier. CertiK verified 52 wrench attacks worldwide in H1 2026, up 33.3% from 39

IPARK Hyundai Development reported Q2 operating profit of 122.7 billion won on the 23rd, up 52.9% year-over-year, according to a regulatory filing. Revenue totaled 914.6 billion won, down 21.4% from the prior-year period, while net profit reached 83.7 billion won. The results mark the first time the

Tesla confirmed it has not sold any of its Bitcoin holdings in 2026, maintaining the same 11,509 BTC position through the second quarter despite cryptocurrency market volatility. The electric vehicle manufacturer recognized an unrealized impairment loss of approximately $112 million during the secon

South Korean asset management companies launched 9 active exchange-traded funds among 18 new ETF listings during the past month from June 23 to July 23, according to the financial investment industry on the 23rd. The surge in active ETF launches reflects increased market volatility and widening

AI-related corporate bond issuance reached $489 billion this year, surpassing last year's estimated $322 billion, according to Goldman Sachs data cited by Yahoo Finance on the 22nd local time. Hyperscalers directly issued 40% of the total, with the remainder contributed by data center financing

BitMEX exchange announced it will shut down on September 23, 2026, at 04:00 UTC, ending an 11-year operational run. The Seychelles-based cryptocurrency derivatives platform disclosed the closure Thursday following a strategic business review. The exchange immediately halted new account

South Korea's Financial Services Commission stated on May 23 that the timing of Phase 2 guidelines for corporate crypto trading will be linked to the Digital Asset Basic Act and related legislation. Kim Sung-jin, FSC Virtual Asset Division Director, announced at a conference held at the National Ass

KOSPI small-cap stocks are experiencing a severe liquidity crisis surpassing KOSDAQ market conditions, according to Korea Exchange (KRX) data. The KRX KOSPI Small Cap Index closed at 2291.06 on the 23rd, up 3.94% but down approximately 25% from its April 29 peak of 3058.39 and about 10% below year-s

Commerce platform FAIM launched FAIM Ink, a digital autograph service for personalized, cryptographically authenticated signatures on user-submitted photographs. The service allows fans to submit personal images including selfies and event pictures to receive individualized digital signatures from p

JB Financial Group achieved a record Q2 net profit of 2,196 billion won, marking a 5.7% increase from the same period last year and the highest Q2 performance in company history. The capital subsidiary JB Woori Capital led the growth with Q2 net profit of 1,041 billion won, double the profit

ONDO gained 10% over a 24-hour period after the network announced that perpetual traders can now use tokenized stocks as collateral. The move aims to broaden the range of assets available for leveraged trading. The price action extended an uptrend that had been building over the past few weeks,

World Liberty Financial (WLFI), a crypto project linked to U.S. President Donald Trump's family, experienced a price decline following the announcement of the CLARITY Act amendment. The token dropped over 5% to $0.0513, with on-chain data showing net outflows of $531.7k over the last 30 days. The de

The KRW-JPY exchange rate in the Seoul foreign exchange market fell to 898.90 won per 100 yen at 2:38 PM on the 23rd, down 6.13 won from the previous session, driven by sustained Korean won strength. This marks the first time the rate has dropped below the 900 won threshold since

KB Financial Group confirmed on the 23rd that dividend reduction will proceed next year as planned and is considering linking return on equity (ROE) to its shareholder return framework. CFO Na Sang-rok stated during the earnings conference call that dividend reduction starts next year with

The SEC is extending regulatory scrutiny to DeFi vaults and on-chain lending structures, according to Commissioner Hester M. Peirce. Peirce stated that moving financial activities on-chain does not exempt them from federal securities laws, with regulatory treatment depending on how vaults allocate a

NH Investment & Securities announced on the 23rd that its net profit attributable to controlling shareholders reached 965.2 billion won in the first half, marking a record half-year performance and a 107.6% increase compared to the same period last year. The company's second-quarter net profit

Hyundai Card reported a 15.7% year-over-year increase in net profit for the second quarter, reaching 1,205 billion won, driven by operating profit expansion and increased Apple Pay transactions. The company disclosed on the 23rd that Q2 net profit rose from 1,041 billion won in the prior-year