Gate Cryptocurrency News and Market Analysis

Samsung Electronics and SK Hynix recorded their lowest daily trading volumes of the year on May 28, according to Korea Exchange data released May 31. Samsung Electronics traded 15,106,746 shares on May 28, representing 49.6% of its yearly average volume of 30.45 million shares, while SK Hynix traded

China's leading DRAM maker, ChangXin Memory Technologies, reported strong results for the first half of 2026: revenue of 150.31 billion yuan, up 873.64% year over year. Technically, ChangXin Memory Technologies' self-developed LPDDR6 chips have a peak speed of 12,800 Mbps. On August 29, Xiaomi announced that the Xiaomi 18 Fold would be the first device in the world to feature ChangXin LPDDR6, with a launch expected in September. ChangXin Memory Technologies H1 2026 Financial Data According to Ch

Celltrion announced a long-term shareholder return policy allocating one-third of annual consolidated net profit to shareholders. The biopharmaceutical company's board approved an immediate stock buyback of 524,384 shares worth approximately 1000 billion won, with purchases beginning September 1st.

On August 31, 2026, SK hynix (000660.KS) continued its recent weakness after the South Korean stock market opened. As of 9:10 a.m. local time, SK hynix was trading at 1.6M won, down 3.33% from the previous trading day. It briefly touched 1.58M won intraday, representing a maximum decline of 4.60%. At the day's exchange rate, the share price was approximately $1,165. This marked another significant fluctuation in SK hynix's ongoing pullback since it reached an all-time high in June 2026. For inve

“Machi Big Brother” Huang Licheng publicly stated on Aug. 27 that he was willing to bid $1 million to acquire Friend.tech, with plans to relaunch the project through a community takeover (CTO) model and redevelop it using the existing $FRIEND token contract on Base. The news drove $FRIEND ’s market cap from less than $300k to approximately $4.89 million. Huang Licheng Proposes a $1 Million Acquisition Offer Targeting the X Account and Official Website Huang Licheng publicly stated on Aug. 27, 20

Steak 'n Shake declared itself a 'Bitcoin company' on Aug. 30 on X, more than 15 months after the burger chain began accepting bitcoin payments at its restaurants. The announcement followed an Aug. 7 filing by parent company Biglari Holdings Inc., which reported a 13.8% same-store sales increase

Author Choi Young-min, who achieved financial freedom as an ordinary office worker, shared his investment strategy on Herald Economy's YouTube channel 'Investment 360'. Choi outlined a three-stage approach for Korean office workers to build wealth: accumulating seed capital, investing in growth

An anonymous account on a dark web forum claimed on Aug. 29 to possess Zeabur’s complete database, compressed to 612 GB, and offered it for sale through a Telegram account. Zeabur co-founder Lin Yuanlin responded in a post on Aug. 30, disclosing that the attack chain began with leaked AWS administrative keys. Regarding compensation, Lin Yuanlin announced that claims would be verified case by case based on technical support tickets, with payments completed no later than Sept. 30. Dark Web Forum P

The General Manager of the Bank for International Settlements (BIS), Pablo Hernández de Cos, said at the global central bank conference in Jackson Hole on August 28 that, as currently designed, stablecoins cannot yet become sufficiently credible large-scale payment instruments. They lack the three conditions required by a widely used monetary system: singleness, interoperability, and financial integrity. The BIS is more supportive of tokenized deposits, which it believes can preserve both innova

Japanese stocks declined at the open on August 31st, tracking weakness in US markets. At 9:21 AM, the Nikkei 225 index fell 1,385.16 points (2.09%) to 65,020.40, while the Topix index dropped 36.12 points (0.87%) to 4,110.59. The decline followed a selloff in US stocks on August 28 (local time),

ByteDance, Alibaba, and Tencent CNBC reported on Aug. 19 that ByteDance, Alibaba, and Tencent remotely rented access to NVIDIA computing capacity through commercial data centers in third countries, including Thailand, Malaysia, and Japan. Most sources were anonymous, and none of the three companies confirmed the claims. However, the report explicitly stated that the conduct constituted legal arbitrage rather than smuggling under current regulations: the chips never crossed borders, the customers

Sony Music Publishing and Warner Chappell Music have filed a lawsuit against Anthropic in the U.S. District Court for the Northern District of California, alleging that it illegally downloaded, scraped, and distributed “tens of thousands” of copyrighted works to develop and train the Claude series of AI models. The Verge reported that plaintiffs are seeking up to $150k for each copyrighted work, plus up to $25k for each removal of copyright management information. Lawsuit Damages Structure: Up t

Steak 'n Shake declared itself a 'Bitcoin company' on Aug. 30, more than 15 months after the burger chain began accepting bitcoin payments at its restaurants. Parent company Biglari Holdings Inc. (NYSE: BH) reported a 13.8% same-store sales increase for domestic company-operated and

Korean single-stock leveraged ETF trading volume declined by over 90% one month after regulatory measures took effect. The KOSPI Volatility Index (VKOSPI) decreased from its peak following the implementation. Concerns persist about market volatility from margin trading and existing leveraged ETF

As of August 28, the yen had fallen as low as 160.16 yen per $1, giving back more than half of the ground it had recovered after Japan’s intervention the previous month. Japan used 15.4 trillion yen to support its currency between July 30 and August 26. The yen’s decline has also heightened the risk of a carry trade reversal: if investors who financed positions with yen are forced to close those positions because the yen appreciates, they may also sell risk assets such as Bitcoin. Scale of Japan

Korean financial authorities' stricter regulations on single-stock leveraged products triggered 1.77 trillion won in retail investor outflows within one month since July 31. The minimum deposit requirement increase from 10 million won to 30 million won directly caused the reversal, as retail investo

KOSPI declined 1.89% to 6,660.36 as of 11am on the 31st, driven by concerns that U.S. interest rate hikes may occur earlier than expected. The index opened down 2.58% at 6,613.58 and briefly retreated to 6,547.76 before recovering

Alibaba co-founder Jack Ma recently purchased more than HK$60B (approximately $76.5 million) worth of Alibaba shares listed in Hong Kong, increasing his holdings alongside Chairman Joe Tsai and CEO Eddie Wu, who together increased their holdings by at least $25 million. The purchases by the three top executives came as Alibaba announced an HK$80 billion (approximately $10.2 billion) share placement plan that triggered selling, with Alibaba’s Hong Kong-listed shares falling as much as 10%. Timing