Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

FSS Initiates Enforcement Against Upbit Operator After 44.5B Won Hack

South Korea's Financial Supervisory Service (FSS) recently sent an inspection opinion letter to Dunamu, the operator of Upbit, initiating enforcement proceedings approximately seven months after a hacking incident that resulted in the theft of 44.5 billion won in virtual assets. The hack occurred on
SOL-0.30%
BTC-0.73%
Naver2.02%
CryptoFrontier·07-19 04:21
FSS Initiates Enforcement Against Upbit Operator After 44.5B Won Hack

Seoul Bond Market Faces Cautious Week Ahead of Q2 GDP Release

Seoul's bond market is expected to show cautious movement during the week of July 20-24 as investors monitor South Korea's Q2 economic growth data and international oil price trends. The outlook follows heightened US-Iran military tensions, with the US Central Command announcing on July 18 that
CryptoFrontier·07-19 04:10
Seoul Bond Market Faces Cautious Week Ahead of Q2 GDP Release

South Korea Refers 30+ Crypto Unfair Trading Cases After 2-Year Crackdown

South Korea's Financial Services Commission completed over 40 virtual asset unfair trading investigations and referred 30-plus cases to prosecutors in the two years since the Virtual Asset User Protection Act took effect in 2024. The enforcement targeted market manipulation schemes exploiting
MEME-0.20%
CryptoFrontier·07-19 03:15
South Korea Refers 30+ Crypto Unfair Trading Cases After 2-Year Crackdown

Korea Announces Won Internationalization Roadmap With 24-Hour Trading

The Korean government announced a Won Internationalization Roadmap on the 19th, aiming to transform the Won into a freely tradable currency without time or location constraints. The initiative targets benefits for individuals, import-export companies, financial institutions, and foreign investors th
CryptoFrontier·07-19 03:04
Korea Announces Won Internationalization Roadmap With 24-Hour Trading

Korean Stocks See Forced Liquidations Near 5,000 Billion Won Through May 14

Korean retail investors faced forced stock liquidations totaling 4,735 billion won through May 14 this month, according to the Korea Financial Investment Association. Securities firms executed these forced sell-offs after investors failed to repay borrowed funds or maintain sufficient collateral in
CryptoFrontier·07-19 02:27
Korean Stocks See Forced Liquidations Near 5,000 Billion Won Through May 14

Kioxia Holdings Ordered to Pay $229M in US Patent Lawsuit, Stock Falls 16%

Kioxia Holdings, a Japanese NAND flash memory manufacturer, was ordered to pay $229 million (approximately ¥340 billion) in damages after losing a patent infringement lawsuit in the United States on local time May 16. US satellite communications company ViaSat filed the lawsuit five years ago,
JPN225-0.97%
CryptoFrontier·07-19 02:27
Kioxia Holdings Ordered to Pay $229M in US Patent Lawsuit, Stock Falls 16%

Kolon TissueGene Stocks Plunge 20% Ahead of TG-C Phase 3 Results

Kolon TissueGene saw its stock price plummet 20.28% on the 16th to 62,100 won, closing at a sharp decline ahead of the company's TG-C Phase 3 clinical trial results announcement scheduled for this month. The drop occurred despite intraday gains, with trading volume surging in the afternoon and price
CryptoFrontier·07-19 02:09
Kolon TissueGene Stocks Plunge 20% Ahead of TG-C Phase 3 Results

11 South Korean Active ETFs Add SK Hynix ADR After Nasdaq Listing

Eleven South Korean overseas equity active ETFs have added SK Hynix American Depositary Receipts (ADR) following its Nasdaq listing, according to financial investment industry data as of July 16. The additions began on July 13, immediately after SK Hynix ADR commenced trading on the US exchange.
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CryptoFrontier·07-19 02:03
11 South Korean Active ETFs Add SK Hynix ADR After Nasdaq Listing