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.

Minnesota Permits Banks to Offer Crypto Custody Services

Minnesota has enacted legislation allowing banks and credit unions to offer cryptocurrency custody services. Governor Tim Walz signed HF 3709 into law on Friday, with an effective date of August 1, 2026. The bill permits "certain virtual-currency custody services to be offered and performed" by bank
EthanBrooks·05-19 06:57
Minnesota Permits Banks to Offer Crypto Custody Services

Echo Protocol Exploited on Monad, ~$816K Stolen

Bitcoin-focused DeFi protocol Echo suffered an exploit on Monday, with the attack first flagged by pseudonymous crypto influencer DCF GOD on X at around 5:55 p.m. ET. According to onchain analytics, the attacker minted 1,000 eBTC — Echo Protocol's bitcoin liquidity token issued on Monad — and
ECHO0.55%
MON1.49%
BTC0.76%
WBTC0.62%
EthanBrooks·05-19 06:16
Echo Protocol Exploited on Monad, ~$816K Stolen

Minnesota Permits Banks to Offer Crypto Custody Services

Minnesota has enacted legislation permitting banks and credit unions to offer cryptocurrency custody services, with Governor Tim Walz signing HF 3709 into law on Friday. The bill takes effect on August 1, 2026, as the state continues establishing regulatory frameworks for crypto-related financial se
EthanBrooks·05-19 06:15
Minnesota Permits Banks to Offer Crypto Custody Services

Reliance Negotiates Battery Components Supply with CATL

Reliance Industries, an Indian conglomerate, is in talks with China's CATL and other suppliers to purchase battery energy storage system components for its Jamnagar plant in Gujarat. The negotiations come as Reliance adjusts its renewable energy plans in response to tighter Chinese curbs on battery
LucasBennett·05-19 06:13
Reliance Negotiates Battery Components Supply with CATL