Gate Insights and Crypto Market Analysis

Hims & Hers Health, Inc. (HIMS) faces a Federal Trade Commission lawsuit filed this week alongside Utah and Los Angeles County, alleging the company misled consumers over subscriptions and cancellations and shared sensitive health information with Meta and Snap. Morningstar called the case a 'new le

Foreign investors net sold 3.9331 trillion won of Korean won-denominated bonds over 7 consecutive trading days from the 22nd to the 30th, according to Yonhap Infomax data released on the 31st. The selling spree marks the first 7-day consecutive outflow since January 2023. Market participants

LG CNS disclosed on July 31 that its second-quarter revenue reached 1,520.8 billion won, a 4.2% year-over-year increase, while operating profit fell 9.2% to 127.9 billion won. Revenue growth was driven by expansion in artificial intelligence, cloud services, and external business operations,

Intercontinental Exchange (NYSE: ICE), parent company of the New York Stock Exchange, announced on the 30th local time the acquisition of bond trading platform MarketAxs (NASDAQ: MKTX) for $5.7 billion in cash. The deal represents a strategic move to advance digital transformation and ecosystem

Korea Zinc is forecast to achieve a 129.76% year-over-year surge in operating profit for Q2, reaching 594.8 billion won, according to a consensus of five major securities firms compiled by Yonhap Infomax. The performance improvement is driven by silver spot prices rising to $72.9 per ounce in Q2

NICE Credit Rating maintained Viva Republica's long-term credit rating at 'A (stable)' on May 31, following the Toss operator's May 28 disclosure of a planned small-scale merger with subsidiary Toss Payments. The rating agency assessed the merger's impact on creditworthiness as limited. Viva Republi

Amazon exceeded $200 billion in quarterly revenue for the first time on the 30th (local time), reporting Q2 revenue of $200.61 billion, a 20% year-over-year increase driven by stronger-than-expected cloud growth. The company raised its 2025 capital expenditure guidance from approximately $200 billio

Amorepacific recently terminated its exclusive sales advisory contract with Savills Korea for four regional office buildings in Busan, Daegu, Daejeon, and Gwangju after more than six months of stalled negotiations. The South Korean cosmetics company switched to a multi-advisor approach, assigning tr

Aviva Investors and Ripple announced on July 29 the launch of a tokenized share class for the Aviva Investors USD Liquidity Fund on the XRP Ledger. The digital share class implements the February partnership between the two firms and operates under approval from the Central Bank of Ireland.

Starbucks earned adjusted $0.85 per share in its fiscal third quarter this week, beating Wall Street estimates across nearly every metric as CEO Brian Niccol's turnaround strategy delivered measurable results. The coffee chain's shares jumped more than 3% Thursday to approximately $107, prompting

OpenAI cut prices on two GPT-5.6 models on July 30, slashing Luna by 80% and Terra by 20%. The cuts land three weeks after GPT-5.6's launch and reflect mounting pressure from cost-conscious enterprises. Cheaper Chinese rivals, including Moonshot AI's Kimi K3 and Z.ai's GLM-5.2, add to that pressure

K Bank's total capital ratio is declining rapidly as risk-weighted asset (RWA) growth from individual business owner (SOHO) lending outpaces profit accumulation, according to financial industry sources on July 31. The bank's Q2 RWA reached 12.5972 trillion won, up 1.0034 trillion won from the

US online brokerage Robinhood (NAS:HOOD) saw its stock price decline despite recording exceptional performance in prediction markets during Q2. Robinhood shares fell 3.61% to $86.60 on 30일 (local time) in New York trading, according to Yonhap Infomax. The Q2 results released on the afternoon

Twelve Korean bond market experts surveyed by Yonhap Infomax on July 31 forecast that August government bond yields will face limited downward pressure due to concerns about back-to-back rate hikes by the Bank of Korea and potential government fiscal expansion. The consensus projects 3-year governme

LG AI Research released K-EXAONE 2.0, a 750-billion-parameter AI foundation model, on the Hugging Face open-source platform on the 31st. The release represents the second-phase model of a government-led independent AI foundation model project. K-EXAONE 2.0 is three times larger than the first-phase

The U.S. Internal Revenue Service Criminal Investigation (IRS Criminal Investigation) issued a warning on July 31 via Bloomberg, saying scammers are impersonating the IRS by mailing crypto asset holders forged official letters containing QR codes. The letters instruct recipients to scan the QR code, log in to a fake IRS website, and register an entry called the “Digital Asset Compliance Portal” before the deadline while entering personal information; the IRS stated that this portal does not exis

Korea’s stock market surged on July 31, with the benchmark KOSPI index rising as much as 14% at one point, marking the largest intraday gain in its history. Japan’s equities were boosted in tandem, with the Nikkei 225 index up 4% in the morning session, breaking through the 64,000-point mark. Starting on the same day, Korea’s financial regulators officially raised the base margin requirement for retail investors to buy single-stock leveraged ETFs, increasing it from 10 million won to 30 million

The U.S. Bureau of Economic Analysis (BEA) released on July 31 that June personal consumption expenditures (PCE) inflation rose 3.7% year over year, down from 4.1% in May, matching market expectations. Supported by cooling PCE inflation data, Bitcoin (BTC) rebounded to above $65,000, rising nearly 2% over the day. At the Federal Open Market Committee (FOMC) meeting the previous day, the Federal Reserve (Fed) kept interest rates unchanged for the fifth consecutive time. U.S. June PCE data: Year-o

CNBC 'Mad Money' host Jim Cramer commented on the collapse of hedge fund Situational Awareness, calling it a demonstration of hidden leverage risks. The fund, founded by former OpenAI researcher Leopold Aschenbrenner, suffered forced liquidation Thursday after weeks of losses on its long hardware, s

Bhutan's Gelephu Mindfulness City (GMC) appointed Canadian digital asset manager 3iQ to manage part of its Bitcoin treasury as the special administrative region develops a digital asset investment hub. Under the partnership, 3iQ will manage an undisclosed portion of Bitcoin allocated to support Gele