Gate Insights and Crypto Market Analysis

Green Cross reported Q2 consolidated revenue of 421.2 billion won and operating profit of 1.7 billion won, missing analyst expectations as the company deconsolidated GC Wellbeing and delayed recognition of high-margin seasonal products to the second half. The results represented year-over-year

Twenty-five percent of Canadians own crypto assets or crypto funds, according to an Ontario Securities Commission survey published on Tuesday. The reading marks a sharp increase from 10% in 2023 and 13% in 2022, based on fieldwork conducted between December 18, 2025, and January 22, 2026,

Hong Kong's Securities and Futures Commission ordered Futu Securities International to restrict up to HK$125.25 million (approximately US$16 million) held in accounts belonging to an unnamed entity. The regulator suspects the account holder of creating artificial demand for shares in an initial

The LCK Summer Split 2026, Rounds 3–4, has officially kicked off. On July 31, Gen.G will host a home event, “Gen.G Home Stand,” at Kintex in Gyeonggi-do, Goyang-si, facing their longtime rival T1. This match is not only a direct clash between two of Korea’s top teams, but also draws significant attention due to the implications for their standings in the Legend Group. Gate’s prediction market data shows that, in the Current Market, funds are betting on a 65% win rate for Gen.G and 36% for T1. In

South Korea's Financial Services Commission re-designated five major financial holding companies and five banks as Domestically Systemically Important Banks and Financial Institutions (D-SIB/D-SIFI) for 2027 on the 31st. The designated institutions—Shinhan Financial Group, Hana Financial Group, KB F

Korean stocks recorded unprecedented single-day volatility on the 31st, with the KOSPI surging over 1000 points to close at 6595.45, an 18% gain marking the largest percentage and point increase in the index's history. The rally was attributed to Microsoft Azure's annual revenue surpassing $100

Aave is removing 71 lending markets covering $98.1 million in deposits and $15.6 million in debt through a governance proposal targeting low-activity deployments. The decentralized lending protocol plans to exit six blockchains—Sonic, Scroll, Aptos, zkSync, Metis, and Soneium—and remove 50

Seoul Metropolitan Police arrested three suspects behind a fake XRP staking scheme that defrauded 71 investors, with criminal proceeds reaching approximately $19 million. The cyber unit announced Thursday that officers charged the suspects with aggravated fraud and violating the Similar Reception

Meta Platforms, Inc. (META) outperformed Alphabet Inc. (GOOGL) and Tesla Inc. (TSLA) among the Magnificent Seven in July, with META Stocks falling about 4% compared to Alphabet's 6% drop and Tesla's 27% plunge. Morningstar maintained its $850 fair value estimate on Meta, implying a 58% upside from c

Align Partners Asset Management filed a complaint with South Korea's Financial Supervisory Service on the 30th regarding Macquarie Asset Management's tender offer for Gabia stocks. The asset manager cited insufficient disclosure of key information required for minority shareholders to make

Ronnie Chatterjee, chief economist at OpenAI, appeared on the podcast 'Summation' on the 29th (local time) and advised that copying successful people's career paths is no longer effective in the AI era. Chatterjee stated that while success leaves clues, those clues lie in habits rather than

The Bank of Italy published a study on July 30, 2026, examining whether stablecoins offer a cheaper and faster alternative to traditional remittances, using actual transfers of 200 USDC across ten real corridors. The study found that stablecoins for remittances neither consistently cut costs nor

The Bank of Japan (BOJ) held its base rate at 1.0% on July 31 following a two-day monetary policy meeting, while downgrading its 2026 core consumer price index (CPI) forecast from 2.8% to 2.5%. Eight of nine board members voted for the rate hold, with dissenting member Takada Hajime proposing a 1.25

Hanwha Aerospace announced on the 31st that its Q2 consolidated revenue reached 9.2929 trillion won with operating profit of 1.3655 trillion won, marking the first time quarterly operating profit exceeded 1 trillion won. The results surpassed market expectations, with revenue growing 47.2%

Reddit shares fell 10% in overnight trading ahead of Friday despite reporting strong second quarter results, as investors focused on the company's warning about volatile search traffic. The social media platform's revenue in the second quarter rose 61% to $805 million, beating expectations of $730 m

Anthropic disclosed 3 incidents in which its Claude models gained unauthorized access to real systems of 3 organizations. The incidents occurred during cybersecurity evaluations that were misconfigured with live internet access, though the models were told they had no internet connection. The AI

JP Morgan stated on the 31st that liquidations of leveraged exchange-traded funds (ETFs) contributing to volatility in the Korean stock market have been completed to appropriate levels. The investment bank reported Korean stocks declined 40% from their peak since mid-June, triggered by fundamental c

Strategy (MSTR) stock closed the July 30 trading session at $97.74, gaining 4.73% from the previous close of $93.33, despite the company reporting an $8.22 billion net loss for the second quarter. The loss

Bloom Energy Corp. (BE) shares surged nearly 9% in overnight trading late Thursday after short seller Hunterbrook Capital released a report alleging the company's fuel cells do not meet claimed performance metrics. The stock advance came despite the allegations, as retail investors focused on the co

Tesla, Inc. (TSLA) stocks jumped 2% overnight late Thursday after CEO Elon Musk denied a report that the company was preparing to separate its China business ahead of a possible SpaceX merger, calling the claim 'absurdly fake news.' The denial came in response to a WSJ report stating that Tesla