Gate Insights and Crypto Market Analysis

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

Lion Group Signs Strategic Web3 and AI Investment Agreement Lion Group Holding Ltd., a Cayman Islands-incorporated company trading on NASDAQ, announced it had entered into a memorandum of understanding with Meili Capital Management Limited to establish a strategic cooperation framework. The

A new Quantus report says the crypto industry is not moving fast enough to prepare for quantum computers that could break today’s signature systems. The report warns that bitcoin, ethereum, and other major networks face a difficult migration problem because public keys live permanently on-chain.

Samsung Securities, Samsung SDS, and Samsung Credit Card will acquire 1.39 million shares of Dunamu with 612.8 billion won, with settlement expected on 2026/6/19. The three parties will cooperate in token securities, blockchain infrastructure, and KRW stablecoin payment. Han-a Financial also took a stake in Dunamu of 6.55% on 5/15 and tested stablecoin card payments with Circle. Kakao is selling its Dunamu holdings to shift toward AI; Upbit has previously been hacked and faced regulatory attention over KYC lapses.

Gate prediction market data show that after the first six games of the Western Conference finals ended in three wins and three ties, the market formed a clear probability assessment for the Game 7 outcome: the Thunder have a 60% chance to win, while the Spurs have a 40% chance to win. This probability distribution reflects a weighted evaluation of multiple factors. First, the Game 7 will be played at the Thunder’s home court, and home-court advantage has a significant impact on NBA historical Ga

Ethereum co-founder Vitalik Buterin outlined on May 28 a roadmap for integrating local AI models into Ethereum’s access layer, and confirmed that there is substantial overlap between the CROPS Ethereum access layer and CROPS AI. Buterin confirmed that DeepSeek V4 (its 2-bit quantized version running on 90GB of memory) is a key tool for enabling private local transaction processing. CROPS AI core points confirmed: the technical overlap of ZK remote LLM calls and private RPC In his explanation, Bu

On May 28, Anthropic released Claude Opus 4.8. The fast mode pricing for input dropped from $30 per million tokens and $150 per million tokens for output to $10 for input and $50 for output, along with a 2.5x speed increase. Anthropic said the Mythos series will be opened to all customers “within the next few weeks” after additional network security protection measures are in place. Confirmed pricing for Opus 4.8 and market comparison Standard mode pricing remains unchanged: $5 per million token

Opening Dell Technologies reported record first-quarter fiscal 2027 revenue of $43.842 billion for the period ended May 1, 2025, announced on May 28, 2025, representing an 88% year-over-year increase and significantly exceeding market expectations of $35.43 billion. The company's AI server revenue

According to Crypto Briefing on May 29, clients of BlackRock’s iShares Bitcoin Trust (IBIT) redeemed around $177.95 million worth of bitcoin exposure. The report confirmed that this was clients actively redeeming IBIT shares, not BlackRock itself performing directional selling. Confirmation on the IBIT Redemption Mechanism: Client Action, Not BlackRock Selling The report confirmed that in BlackRock’s IBIT operating model, BlackRock itself does not hold directional bitcoin bets. When clients subm

Intercontinental Exchange (ICE) Chairman and CEO Jeffrey C. Sprecher said on May 27 at the Bernstein 42nd Annual Strategic Decisions Conference that the DeFi perpetual futures trading platform Hyperliquid’s scale is “already bigger than Nasdaq,” and confirmed that ICE is “in communication with them, and trying to understand this space.” Sprecher’s complete direct quote Sprecher’s exact words at the Bernstein 42nd Annual Strategic Decisions Conference were: “We’re talking about this Hyperliquid r

U.S. Treasury Secretary Scott Bessent reiterated at a White House press briefing on May 28, 2026, that the Trump administration will not permit a central bank digital currency (CBDC), stating such systems are "off the table." Bessent emphasized the administration's focus on establishing the United S

On May 29, NFT marketplace Rarible announced on X that Impossible has completed the acquisition of Rarible’s brand and core platform assets. Impossible confirmed that this deal is its first foray into M&A and brand expansion. The scope of the acquisition covers only the Rarible brand and core platform assets, including the RaribleX infrastructure. Acquisition confirmation scope: Rarible brand assets and the independence of the RARI Foundation Rarible’s X announcement explicitly confirms that the

The prediction market platform Myriad launched a 2026 FIFA World Cup prediction contest on May 29, with a prize pool of up to $100,000, in partnership with Layer-1 blockchain D.Energy. Myriad co-founder and president Farokh Sarmad said that billions of viewers worldwide will watch the World Cup, showcasing how prediction markets work in global sports events. Confirmed prize structure and technical architecture for the Myriad World Cup competition Myriad confirmed that the distribution structure

According to Bloomberg reports on May 29, European Commission officials plan to travel to San Francisco to meet with representatives of Anthropic PBC to learn more about the Mythos model details and request access for the EU. Insiders said the officials are scheduled to visit San Francisco on Thursday, and all insiders asked to remain anonymous because the plan is still being formulated. EU seeks access to Mythos: confirmed background Since Anthropic revealed that the Mythos model has outstandin

In mid-May, the U.S. Department of Commerce approved procurement by about 10 Chinese companies for NVIDIA H200 artificial intelligence chips. Lenovo Group was identified as one of the distributors authorized to sell H200 in China. After the news was released, Lenovo’s stock price continued to rise steadily over just a few weeks. As of May 29, 2026, after the market opened, Lenovo’s gain at one point exceeded 30%, with a high of 25.7 HKD, before narrowing to 20%; it was temporarily quoted at 23.7

Aave Labs released an ARFC (Aave Request for Comments) proposal on May 29, proposing a standardized framework for listing technical assets for Aave V3, V4, and Horizon. Assets with major technical flaws will face reduced borrowing limits, restrictions on collateral parameters, delayed listing, or a recommendation to refuse to onboard the protocol. The proposal confirms that the framework does not replace market risk analysis and governance judgment, but instead provides a technical eligibility b

Opening Eight South Korean asset managers — Samsung Asset Management, Mirae Asset, Korea Investment, KB, Shinhan, Hanwha, Kiwoom, and Hanwha — launched 16 leveraged and inverse exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix on

Entelligence AI’s investigation of 2,444 companies, released on May 26, shows that for every $1 spent on AI engineering, $0.82 is lost: $0.44 is used to fix errors, $0.27 to rewrite AI-generated code, and $0.11 is lost due to review and merge delays—only about $0.18 becomes a usable production system. Confirmed AI Engineering Loss Data: Entelligence AI and Lightrun （Source: Entelligence AI） According to Entelligence AI’s investigation of 2,444 companies, for every $1 of AI engineering spend: $0.