Gate Insights and Crypto Market Analysis

Blue Origin's New Glenn rocket exploded during a static fire test on May 28, 2026 (local time) at Launch Complex 36 in Cape Canaveral, Florida. The aerospace company confirmed all personnel were safe and stated it would provide updates as more information becomes available. The test preceded a

Ventuals, the operator of pre-IPO perpetual futures on Hyperliquid, confirmed on May 28, 2026 that an oracle error caused forced liquidations in the SpaceX (SPACEX) pre-IPO market. The off-chain data provider used as a component of the oracle price returned incorrect data, causing the market's oracl

Bitcoin dropped approximately 3% over 24 hours to $72,739 on May 28, hitting a six-week low of $72,669 and trading roughly 42% below its $126,080 all-time high. Prediction market Myriad showed 27% odds that Bitcoin closes May below $70,000, up about 240% in 24 hours, while Polymarket's equivalent ma

The Philippines joined Pax Silica in April 2026, the US-led alliance launched in December 2025 to secure supply chains for AI, semiconductors, and critical minerals. The agreement includes establishing a 1,618-hectare Economic Security Zone in New Clark City designated as a network node. Economist

US President Donald Trump publicly endorsed the CLARITY Act on Truth Social, stating the legislation would establish permanent protections for the US crypto industry and prevent future administrations from reversing digital asset regulations. The Act has passed the House of Representatives and

Yuga Labs CEO Michael Figge announced on X on May 29 that it will make adjustments to ApeCoin’s structure: abolish the standalone role of ApeCo owner, with Cam stepping down from that role; the core ApeChain technology and business development (BD) teams will work directly with Yuga Labs. The transition is expected to be completed by June 5, 2026. Figge’s key quotes In his X post, Figge wrote: “Yuga Labs and ApeCo coordinate their work, but run in parallel. To keep the organization and leadershi

NEAR breaks out of a long accumulation range with strong bullish momentum and rising volume. Cup and handle pattern confirms breakout, with buyers defending key support zones. Market structure stays bullish, targeting higher resistance if momentum and volume continue. Near Protocol — NEA

Bitcoin.com News, citing a report published by Quantus, a Layer 1 blockchain company for quantum security, on May 29, warned that more than $2 trillion in digital assets are protected by existing signature systems. Quantus said that once sufficiently powerful quantum computers break these systems, the related assets will face threats, and that the cost of Bitcoin signatures will increase by 70 times. Technical Risks Confirmed by Quantus: Shor’s Algorithm and the Special Challenges of On-Chain Pu

Park Sang-hyuk, editor-in-chief of Digital Asset magazine, stated on May 29 that the digital asset market is undergoing structural restructuring despite a downturn. Speaking on 삼프로TV, Park explained that the restructuring is driven by convergence between traditional financial institutions and Web3 c

Paxos announced that its subsidiary has received approval from the U.S. SEC, becoming the only U.S. blockchain-native central securities depository and clearing settlement institution that can provide blockchain clearing and settlement in the United States, marking a major advance in financial infrastructure. It took a seven-year path since the no-objection letter, during which it involved BUSD regulatory disputes, an investigation that ended in 2024, and a 2025 settlement with the NYDFS. The existing stablecoins include PYUSD, USDG, and PAXG.

Pi Network Ventures portfolio company CiDi Games launched a test version of an app in the Pi ecosystem on May 14, offering a real-time HTML5 game platform accessible via the Pi browser. Pi Network issued an announcement on May 28 confirming that within less than a week of the test version going live, it attracted more than 81,000 players from over 160 countries. CiDi Games Confirmed Test Features and Organic Growth Data At launch, the test version included 10 games covering casual, puzzle, idle,

On May 27, CD PROJEKT RED (CDPR) announced that the major DLC for The Witcher 3: Wild Hunt, titled “Old Times,” is expected to be released in 2027. CDPR had originally planned to disclose the news on May 28, but the information was leaked after being uploaded early to the RED Launcher, forcing the company to announce it one day earlier. On May 28, CDPR’s stock price fell by 2.06%. Confirmed reasons for the stock price drop by analysts Ipopema Securities analyst Michał Wojciechowski, speaking in

Terawulf has acquired a major AI-focused data center site in Kentucky as it accelerates its shift from bitcoin mining toward high-performance computing. The deal strengthens the company’s power-backed infrastructure strategy and drew a strong response from investors. Key Takeaways: Terawulf

CiDi Games, a Pi Network Ventures portfolio company, attracted more than 81,000 users across over 160 countries and regions within seven days of launching its beta application inside the Pi Browser on May 14. The gaming platform generated over 1.2 million game sessions during this period without

XPeng Group Announces 2025 Mass Production Plans for Robotaxi and Humanoid Robots XPeng Group CEO He Xiaopeng announced during the company's May 28 earnings call that the company will complete mass production of both Robotaxi vehicles and humanoid robots in 2025, aiming to transform physical AI te

On May 29, South Korea’s digital asset custody firm KDAC announced that it had been selected by the South Korea National Tax Service as a service provider for “custody and management of seized virtual assets under委託,” and it has signed a custody mandate agreement, with the project set to start in June. KDAC CEO Jo Seong-il confirmed that four domestic South Korean virtual asset custody firms participated in the bidding, and KDAC scored the highest in the technical evaluation to be selected. This