Gate Insights and Crypto Market Analysis

South Korea's Ministry of Finance and Economy announced on the 24th that Q3 public bond issuance excluding government treasury bonds is projected to reach 67 trillion won, a 4 trillion won increase from the initial plan due to rising policy demand. The announcement was made at the third meeting of t

Bitcoin maintained the $65,000 level on the 24th despite a sharp decline in US artificial intelligence-related stocks. According to global crypto market platform CoinGecko, Bitcoin traded at $65,393 as of 4 PM on the 24th, while crypto media outlet CoinDesk reported Bitcoin held around $65,000

Duksan Nepcores filed a securities report with the Financial Services Commission on the 24th, launching its initial public offering as the first company approved under South Korea's reformed dual-listing exception guidelines. The defense technology firm plans to offer 3 million new shares at a

Japan's National Diet approved on July 15 the reclassification of bitcoin and roughly 105 other crypto assets from the Payment Services Act into the Financial Instruments and Exchange Act, removing a central legal obstacle to listing a spot bitcoin exchange-traded fund on the

ProBix, an artificial intelligence-powered event intelligence platform, partnered with Origins Network, a decentralized infrastructure provider, to integrate AI capabilities into Web3 applications, the companies announced via Twitter on July 22, 2026. The collaboration combines ProBix's AI-driven ev

Private equity firm Centroid Investment PE designated global fund Entrada as the preferred negotiator for the sale of golf brand TaylorMade, with the acquisition price reported below 4 trillion won. Entrada must submit a letter of commitment (LOC) by August to maintain its preferred negotiator

Woori Investment & Securities reported net profit of 24.7 billion won in the first half of this year, up 47.1% year-over-year, the company disclosed on the 24th. Operating profit reached 29.4 billion won, surging 93.3% from the same period last year. The securities firm attributed the improved

Tanker traffic through the Strait of Hormuz fell to its lowest level in approximately two and a half months on July 23 (local time), with only one vessel exiting and zero entering, according to ship tracking firm Kpler cited by Nikkei Asia. The single departing tanker was the VLCC 'New Giant,'

Hashi launched a testnet on Sui for Bitcoin-backed lending infrastructure. The protocol uses native BTC collateral with a Guardian Layer security model that includes MPC threshold signatures and 2-of-2 multisig controls between validators and independent guardians. The testnet gives developers a

Retail investors withdrew funds from Samsung Electronics and SK Hynix single-stock leveraged ETFs between the 20th and 23rd, according to Korea Exchange and financial industry data released on the 24th. The withdrawal followed 28-30% losses recorded in just 2 weeks as semiconductor stock

QIE Blockchain launched QIE ID and QIE Pass, two blockchain-based services designed to simplify cryptocurrency payments and identity verification across exchanges and decentralized applications. QIE ID replaces multiple wallet addresses with a single human-readable identifier, while QIE Pass

Samsung Bioepis reported a slight year-over-year decline in operating profit for Q2 2026, driven by changes in supply schedules for key products and expanded research and development investment. The company disclosed on the 24th that Q2 consolidated revenue reached 392.2 billion won with operating p

Ripple launched Ripple Mint on July 23, 2026, a unified platform designed to enable institutions to mint, redeem, and manage Ripple USD (RLUSD) stablecoin operations. The platform addresses the need to transition from manual workflows to automated infrastructure as stablecoins become increasingly em

On July 24, 2026, LPL Stage 3’s Ascension Group’s Ascension group welcomed a highly anticipated showdown at the center of attention—Edward Gaming (EDG) versus Bilibili Gaming (BLG). According to Gate prediction market data, ahead of the match, the implied probability that the market is backing EDG to win is 15%, while the probability that BLG wins is as high as 86%. This huge gap is not something you can explain away with a simple “clearly stronger vs. weaker.”

Robinhood CEO Vlad Tenev's verified X account was compromised on Thursday and used to promote an unauthorized meme coin called Vladhood (VLAD). The company secured the account and removed the fraudulent post, which falsely claimed VLAD was the official mascot of Robinhood Chain and would be listed o

Blockchain analysis has exposed four cryptocurrency wallets linked to Hubei Amarvel Biotech, a Chinese fentanyl trafficking organization that operated from Nagoya, Japan, according to evidence from a US court case. The company's executives were jailed in 2025 after investigators uncovered the

NH Nonghyup Financial Group reported a Q2 net profit of 910.4 billion won, down 0.47% from the same period last year, according to a disclosure on July 24. Despite the quarterly dip, the group achieved a record first-half cumulative profit of 1.7791 trillion won, up 9% year-over-year. The Q2 profit

Woori Financial Group reported a net profit of KRW 1.0046 trillion for Q2, marking the first time its quarterly profit exceeded KRW 1 trillion and representing a 66% increase from Q1's KRW 604.3 billion. The group attributed the turnaround to improved bank net interest margin (NIM), corporate loan g

South Korea's Financial Services Commission is experiencing an attorney staffing crisis as multiple long-tenured legal professionals depart for major law firms. FSC Senior Secretary A, who served approximately 21 years after joining through the private-sector recruitment exam, recently submitted

Approximately 200 Silicon Valley startups sent a letter on 周三 (22日) to US President Trump and his administration officials, urging the White House not to block access to Chinese open-weight artificial intelligence models. The companies warned that such a ban would deal a fatal blow to America's