Gate Insights and Crypto Market Analysis

Bloomberg, citing anonymous insiders on May 22, reported that prediction market platform Polymarket has appointed a representative in Japan and is preparing to lobby for Japan to approve the legalization of prediction markets. The goal is to obtain approval from the Japanese government before 2030; the details of the plan have not been made public. Due to “regulatory requirements,” Japan is currently listed on Polymarket’s regional restriction list, which prohibits Japanese users from placing be

According to CryptoCity on May 22, Taiwan’s Premier Cho Jung-tai announced on Thursday after the Executive Yuan meeting where he heard a report on the “Implementation Plan for the AI Basic Act,” that the Executive Yuan will establish a “Special Committee on the AI Strategy,” with the Premier serving as convener to comprehensively coordinate, promote, and oversee Taiwan’s AI-related affairs. Taiwan AI Risk Management Timeline: Assessment Deadline in July, Industry Standards to Be Built Before 202

Strategy’s Bitcoin Plan Sparks Debate Michael Saylor has again stirred discussion in the crypto market. The Strategy executive chairman said the company could theoretically buy most of the remaining Bitcoin supply before the last coin is mined in 2140. Strategy, formerly MicroStrategy, trades

Cathie Wood-led Ark Invest bought a total of 139,117 shares of Bullish through three ETFs, ARKK, ARKW, and ARKF, on May 21, valued at approximately $5.14 million at the day’s pricing. Earlier on Monday and Tuesday, Ark had already bought a combined $4 million worth of Bullish shares. Over the three days, the total amount of Bullish added was approximately $9.4 million. Bullish Q1 2026 Financial Report: Adjusted Revenue Up 49% YoY, Loss Widening Driven by Asset-Side Fair Value Adjustments The con

As of May 22, 2026, contracts on the prediction platform Polymarket for “When will OpenAI conduct its IPO?” have become a hot prediction topic, with total trading volume exceeding $1.5 million. Market funds are significantly prefer the Q4 window: the probability of listing before September 30 is 41%, while the probability of listing before December 31 rises to 71%. Click to participate in the prediction This expectation did not come out of nowhere. In mid-May, SpaceX officially filed its IPO reg

Circle CEO Jeremy Allaire announced on X on May 22 that Circle Wrapped Bitcoin (cirBTC) will go live, and users can obtain and test it via Arc and Ethereum testnets. cirBTC is a tokenized Bitcoin backed 1:1 by native Bitcoin reserves, with the underlying Bitcoin held in custody by regulated entities within Circle. cirBTC’s technical architecture: 1:1 native Bitcoin custody and dual-network issuance According to Circle’s official website, each cirBTC is supported by 1:1 native Bitcoin reserves, w

At least five cryptocurrency companies announced closures this week as a prolonged market slump has reduced user activity and investor funding. Fantasy.top, a crypto trading card platform; Everclear, a cross-blockchain infrastructure company; and ZERO Network, an Ethereum layer-2 blockchain, all ann

Park Beom-soo, a Digital Asset reporter, appeared on News Tomato's YouTube channel on the 21st to analyze the current state of blockchain-based asset tokenization. The discussion covered tokenization efforts centered in the United States, where government bonds and money market funds (MMF) are

According to CoinPedia, on May 22, Pi Network co-founder Nicolas Kokkalis said at the Consensus 2026 conference that every account on Pi Network has already passed KYC verification. This design was embedded in the protocol from the outset rather than being added later through third-party solutions. Pi has around 100 million KYC-verified accounts. Categorizing the Three Layers of Verification: Kokkalis’s Defined Framework Kokkalis breaks down the problem of “proving personhood” into three differe

South Korea's Korea Communications Standards Commission (KCSC) opened a formal review into Polymarket on Friday to determine whether the platform hosts illegal gambling content or violates national law, a commission spokesperson confirmed to Bloomberg News. The review focuses on whether Polymarket's

CoinGecko released its “2026 Cryptocurrency Perpetual Contract Status Report” on May 22, confirming that total crypto Open Interest in April fell to $99.09 billion, down more than 50% from the peak; the top 11 Perp CEXs’ average monthly trading volume for the first four months was $4.69 trillion, a drop of 34%. Hyperliquid’s single-month trading volume in April reached $190.28 billion. 10/10 Liquidation Event: Confirmed Scale of the Largest Single-Day Liquidation in Crypto History (Source: CoinG

Google announced the first product in its Gemini Omni series—Gemini Omni Flash—at Google I/O 2026 on May 19, and officially released its technical overview on May 22 on its official website. The initial integrated platforms include the Gemini app, Google Flow, and YouTube Shorts. Confirmed Core Features of Gemini Omni Flash Conversational video editing: Users edit videos with natural-language instructions, where each instruction builds on the previous one. The model maintains consistent characte

On May 22, SpaceX announced that Fram2 mission commander Chun Wang will take part in Starship’s first crewed interplanetary flight mission. The mission, which will last about two years, will explore space beyond the Earth-Moon system, fly past Mars, and return to Earth. Before the interplanetary mission, Chun Wang will carry out Starship’s first commercial lunar-orbit mission with California engineer and investor Dennis Tito and his wife. Commercial lunar-orbit mission: planned to fly within 200

PeckShield confirmed that, as of May 22, the Verus-bridge attacker has returned 4,052.4 ETH (about $8.5 million) to the official Verus address. This represents 75% of the combined total of the stolen assets, totaling 5,402.4 ETH. The remaining 1,350 ETH (about $2.85 million, 25%) is kept in the attacker’s wallet as a bug bounty. Attack Mechanism: How a Validation Gap Can Be Exploited to Steal Assets at Low Cost Official Verus and on-chain analysis confirmed that this attack was not caused by a p