Gate Cryptocurrency News and Market Analysis

Crypto exchange HTX has been rotating wallets across four blockchains to avoid sanctions screening since May, according to blockchain intelligence firm TRM Labs, which released a report on Tuesday. The wallet rotation practice is designed to evade detection following UK authorities' sanctions

Kim Min-seok, former Prime Minister and Democratic Party representative candidate, announced financial reform tasks including the Digital Asset Basic Law on May 22 morning at a press conference in the National Assembly Communication Center. The '4+1 Reform Tasks' include digital asset sovereignty es

Hyundai Motor Company earned 186 trillion won in record-level earnings, yet its stock price remains stagnant due to inefficient capital allocation, according to analysis by THE COMPASS. The automaker's capital is tied up in unrelated equity holdings and real estate assets, hindering corporate

Seven in 10 U.S. crypto traders surveyed by OKX said they would be comfortable letting artificial intelligence manage their portfolios without human review, according to survey results published July 21. The group included traders willing to grant AI complete

After Balaji Srinivasan’s “Digital Nomads” community internet school, Network School, faced regulatory crackdowns in Malaysia, it quickly pivoted to Kazakhstan. On Tuesday, the Iskandar Princess City Council (MBIP) revoked the business license of NSO Malaysia Sdn Bhd, the network school’s operating entity, citing violations of permit conditions and requirements related to premises use. Malaysia Regulatory Action: MBIP Revokes NSO Malaysia Business License The regulatory actions targeting the net

Blockchain security company PeckShield said on July 22 that the decentralized autonomous organization (DAO) 42DAO, which manages the Balance Protocol and the Balance Coin (BLC) token, suffered an exploit worth about $915k. The attack caused BLC to depeg, with the price collapsing to $0.001358—a drop of more than 99%. BNB Chain GemJoin vulnerability: 42DAO loses $915,000 According to reports from PeckShield and TenArmor, the main known information about this incident is as follows: Loss amount: a

HLB Genex Chairman Jin Yang-gon and CEO Kim Do-yeon purchased company shares on days 20-21 and day 13 respectively, following a stock price decline triggered by the parent company HLB's liver cancer drug approval delay in the United States. Jin acquired 50,428 shares over two days while Kim purchase

The LPL match between LGD and EDG kicks off today at 17:00. According to Gate’s prediction market data, the current market has 46% of funds backing LGD to win, and 55% backing EDG to win. This data in itself isn’t complicated, but the information it contains runs far deeper than the surface numbers. The core logic of a prediction market is “voting with money.” Unlike traditional polls or expert predictions, participants in a prediction market must express their

The EU’s highest court issued a ruling in July (Case C-788/24), holding that VPNs (virtual private networks) are “lawful technical tools.” Bypassing geo-blocked content by “going over the wall” does not constitute copyright infringement; as long as the publisher uses the “most advanced” geo-blocking technology, it has already fulfilled its obligation of reasonable oversight and does not need to be held liable for copyright infringement because users bypass the restrictions via VPN. VPN service p

Taiwan’s Economic Daily News reported that SpaceX has commissioned Foxconn (Hon Hai) to manufacture the first batch of AI server racks equipped with NVIDIA GB300, with an order value as high as $52 billion. However, SpaceX CEO Elon Musk later responded on the X platform, saying the related report is “false news.” Taiwan media report and Musk’s “false news” response: what happened and both sides’ claims According to a report by Taiwan’s Economic Daily News, the GB300 AI server order that SpaceX p

MVMT Labs, the developer of Movement blockchain, filed for Chapter 11 bankruptcy protection in the U.S. District Court for the District of Delaware on the 15th (local time). According to court records from Bankruptcy Observer on the 22nd (Korean time), the filing follows Chapter 11 procedures

New York law firm partner Carl Kennedy testified at a U.S. House hearing on July 22, saying the CFTC may be understaffed and unable to fully regulate and enforce oversight of prediction market platforms such as Kalshi and Polymarket. The CLARITY Act may grant the CFTC more authority to cope with the rapid growth of prediction markets. U.S. House Hearing: Kennedy’s Core Claims and the CFTC Resource Gap According to the July 22, 2026 hearing record from a subcommittee of the House Agriculture Comm

Most Korean government bond money market funds (MMFs) are showing negative deviation rates as of July 21, raising concerns that redemption risk could increase if the Bank of Korea implements back-to-back interest rate hikes in July and August. The negative deviation rates, which measure the gap

According to the 8-K filing submitted to the U.S. SEC by Strategy (MSTR) on July 21, between July 13 and 19 the company sold 2,732,318 shares of MSTR stock, raising about $263.5 million, but during this period it neither bought nor sold any Bitcoin. The company also did not repurchase any of its own shares through a share repurchase program. MSTR Stock Sales Record from July 13 to 19 (Source: SEC) Based on the 8-K filing Strategy submitted to the SEC, during the period from July 13 to 19, 2026,

According to a Cointelegraph report on July 22, citing data from River (a financial services company), a recent report released by The Nakamoto Project shows that about 49.6 million adults in the United States hold Bitcoin, while about 28.8 million hold gold—meaning the number of Bitcoin holders has surpassed gold for the first time. Shift in U.S. Asset Holdings Structure: 49.6 Million Bitcoin Holders First Surpass Gold (Source: River report) According to the report written by River for The Naka

NuScale Power Corp. (SMR) stock jumped over 1% overnight Tuesday following its best session in more than a month, ending the previous session nearly 9.5% higher. The gains came after Bloomberg reported a Trump administration initiative to accelerate nuclear power deployment for AI data centers,

Memory stocks including Micron Technology (MU), SanDisk (SNDK), and Western Digital (WDC) posted sharp gains on Tuesday, marking the second consecutive day of recovery. SanDisk rose 14.3%, Western Digital climbed 12.5%, and Micron gained 12.2%, emerging as the top three performers in the S&P 500

Rocket Lab USA Inc. (RKLB) secured a $266 million U.S. Air Force contract for suborbital launch services, sending shares up 9% in after-hours trading Tuesday after the stock had already closed the regular session more than 5% higher. The firm-fixed-price contract covers 12 suborbital launches with o

AST SpaceMobile, Rocket Lab, and SpaceX stocks experienced mixed trading on Tuesday, with ASTS jumping 10%, RKLB gaining 5%, and SPCX rising 3%, yet all three remain down 13%, 1%, and 23% respectively so far in 2026. The gains came amid sustained selling pressure that has prompted retail investors t

Dell Technologies (DELL) and Hewlett Packard Enterprise (HPE) stock prices gained 6% and 5% respectively in after-hours trading on Tuesday, following a strong preliminary Q4 fiscal 2026 update from AI server competitor Super Micro (SMCI). SMCI announced it secured over $60 billion in new orders