Gate Insights and Crypto Market Analysis

Malaysia Chip Firm SkyeChip Soars in IPO Debut Penang-based semiconductor design firm SkyeChip surged in its Main Market debut on May 20, opening at 3.5 ringgit (US$0.88) against its 88 sen IPO price after raising 352 million ringgit (US$88.5 million). More than 23 million shares changed hands at

On 20 May 2026, Primer, a UK payments infrastructure startup, raised US$100 million in a Series C funding round led by Sofina. Peak XV Partners and existing investors Balderton, Accel, ICONIQ, Tencent, and Speedinvest also participated in the round. The company will use the funds to add more AI

TD Cowen analyst on May 19 raised the stock price target for Strategy (MSTR) from $395 to $400, implying about 139% upside from the current trading price of approximately $164.79. The adjustment came one day after Strategy announced it added about 25,000 BTC (about $2 billion). TD Cowen’s Confirmed Analysis Basis TD Cowen analyst said the target price raise is mainly due to Strategy’s continued ability to obtain financial capital through its preferred stock issuance of Stretch (STRC). The analys

According to TrendForce's latest AI industry research, North America's five major cloud service providers (CSPs) are significantly increasing their procurement intentions for rack-scale AI servers in 2026 to expand AI training and inference application deployment. The research indicates these five m

The U.S. Securities and Exchange Commission plans to announce an innovation exemption permitting stock tokenization without listed company approval, according to Bloomberg reporting discussed by Park Sang-hyuk, editor of Digital Asset publication. An innovation exemption is an exception measure

Bitcoin mining equipment manufacturer Canaan (Microchip Technology) released its Q1 2026 financial report on May 20. Net loss was $88.7 million, marking a second consecutive quarter of losses; net loss in the prior quarter was $85 million. After the earnings release, Canaan’s stock opened down more than 13% to $0.418, approaching the all-time low of $0.38 set last month. Q1 Financial Highlights: Revenue Down 68% QoQ, Operating Expenses Squeezed Too Canaan’s Q1 2026 revenue was $62.7 million, dow

SlowMist (SlowMist) published threat intelligence on X on May 20, confirming that multiple high-frequency npm packages and multiple versions of the Python SDK durabletask were hit by a supply chain attack dubbed “Mini Shai-Hulud.” SlowMist also said that the May 16 Grafana Labs ransomware attack is “very likely” linked to this supply chain attack. Attack timeline and affected components (Source: SlowMist) According to the attack timeline confirmed by SlowMist threat intelligence: May 19, 2026: T

On May 19, Andrej Karpathy, co-founder of OpenAI and former Tesla AI chief, announced on X that he has joined Anthropic. Starting this week, he will lead the team to conduct Claude pre-training research. Anthropic confirmed that pre-training is the foundational training phase that gives Claude core language capabilities, and it is the part of the entire AI model-building process with the highest computational costs. Pre-Training Responsibilities Confirmed: The Most Expensive Stage for Giving Cla

Congressional trading debates continue fueling distrust across crypto and retail investor communities online. Viral political posts increasingly influence financial discussions surrounding transparency and institutional accountability. Crypto communities continue favoring decentralized

According to Cointelegraph on May 20, South Carolina Governor Henry McMaster has recently formally signed Senate Bill S.163, providing legal protection for individuals to self-custody bitcoin, prohibiting discriminatory taxes on bitcoin, and including provisions to protect proof-of-work (PoW) mining activities. Three Key Provisions Confirmed in the S.163 Bill As confirmed by Cointelegraph, the S.163 bill covers the following three core protections: Self-Custody Protection for Bitcoin: Protects i

Congressional trading debates continue fueling distrust across crypto and retail investor communities online. Viral political posts increasingly influence financial discussions surrounding transparency and institutional accountability. Crypto communities continue favoring decentralized

ONDO leads real-world asset tokenization with strong liquidity and institutional DeFi demand growth. Cardano offers research-driven Layer 1 development, steady upgrades, and strong staking ecosystem participation. TRON dominates stablecoin transfers with fast, low-cost transactions and st

Crypto exchange Coinbase published a blog post on May 18 announcing that it assisted a UK criminal investigation. After internal systems detected signs that a customer was being coerced during a robbery, Coinbase sent an emergency alert to the police, ultimately leading to five criminal convictions. CEO Brian Armstrong confirmed on X and said that the investigation ultimately resulted in five people being convicted. Confirmed Timeline of the Attack July 2025 (incident time): A 36-year-old man fr

Yorkville America has withdrawn multiple cryptocurrency exchange-traded fund (ETF) applications filed on behalf of Trump Media & Technology Group, the company behind Truth Social, as the asset manager shifts regulatory frameworks and market conditions weaken crypto ETF demand in 2026. The

South Korean blockchain gaming company Wemade has entered into a memorandum of understanding (MOU) with NICE Information & Telecommunication to jointly develop Web3 payment infrastructure. The partnership will explore ways to connect blockchain-powered digital asset payments with traditional

On May 20, GitHub posted an update on X regarding its security incident investigation, confirming that an employee’s device was compromised through a VS Code extension that had been implanted with malicious code, resulting in the theft of approximately 3,800 internal repositories. GitHub said there is no evidence that customer information stored outside of GitHub internal code repositories was impacted. GitHub has removed the malicious extension, isolated affected endpoints, and rotated critical

Dutch gambling regulator Kansspelautoriteit (KSA) warned licensees on Tuesday that bets on first yellow cards and first corner kicks are not permitted during the upcoming FIFA World Cup, threatening “immediate enforcement action” against operators breaching ad and sponsorship rules. Chairman

An incident occurred at an animal zoo in Ichikawa City, Chiba Prefecture, Japan, in which two people entered the Punch monkey enclosure. On May 17, 24-year-old Daysun and 27-year-old Duan climbed over the fence and entered the Punch monkey house to take photos, dressed in an imitation of the style used to promote meme coins. The two were arrested and face charges of obstructing business activities; both denied the allegations. The zoo reported the matter to the police, saying the animals were not affected, and stated it would crack down severely on similar behavior. Punch became a global talking point due to its plush toy background, attracting visitors from around the world to come and observe it.

Since May 2026, tensions between Iran and Israel have escalated significantly, with drone and missile attack incidents occurring frequently, triggering strong market concerns about a disruption of transport through the Strait of Hormuz. International crude oil prices rapidly broke above $110 per barrel, reaching the highest level since the beginning of 2025. At the same time, US 10-year Treasury yields surged to a new high since 2025, as global capital accelerated its exit from risk assets. Acco