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Gate News

Immediately updates on the crypto industry news, covering areas such as cryptocurrencies, blockchain, artificial intelligence (AI), and traditional finance (TradFi). The content focuses on market trends, policy changes, and industry developments, presenting current hot topics and key information.

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Naver Financial, Upbit Parent Dunamu Delay Stock Swap to Dec. 31 Amid Crypto Law Debate

Regulation & Policy

Partnerships & Ecosystem

According to Dart filing and The Block, Naver Financial and Dunamu (Upbit's parent company) announced on Monday that their stock swap transaction has been pushed back to Dec. 31, amid South Korea's ongoing debate over new cryptocurrency regulation. This marks the second delay; the deal was

2m ago

South Korean Equity Funds See 9.95 Trillion Won Outflow as Investors Shift to Bonds and Money Market Funds

Stocks

According to the Financial Investment Association, South Korean equity funds saw net outflows of 9.954 trillion won through July 7, with their total assets declining to 221.81 trillion won. Amid extreme market volatility driven by heavy concentration in semiconductor stocks, investors are shifting t

3m ago

South Korean Equity Funds See 9.95 Trillion Won Outflow as Investors Shift to Bonds and Money Market Funds

Digital Chamber Files Amicus Brief Urging Dismissal of NY Lawsuit Over 39,069 Bitcoin Wallets

Enforcement Actions

The Digital Chamber filed an amicus brief on July 7 urging the dismissal of a New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets. The organization argued that granting such claims would set a dangerous precedent for self-custodial wallets.

BTC0.74%

3m ago

Digital Chamber Files Amicus Brief Urging Dismissal of NY Lawsuit Over 39,069 Bitcoin Wallets

Bank of England to Establish Simpler Capital Buffer Framework

The Bank of England recently announced it will work to establish a simpler and more effective capital buffer framework, with a focus on a single buffer that can be released during periods of stress.

8m ago

Bank of England to Establish Simpler Capital Buffer Framework

Binance Halts PYR and VANRY Deposits and Withdrawals via Polygon on July 14

Exchange Risk

According to Binance's official announcement, the exchange will halt deposits and withdrawals of VulcanForged's PYR and Vanar's VANRY tokens via the Polygon network starting July 14, 2026 at 08:00 UTC. Deposits sent via Polygon after this time will not be credited to user accounts and may result in

PYR-3.76%

VANRY4.61%

10m ago

Binance Halts PYR and VANRY Deposits and Withdrawals via Polygon on July 14

Samsung Electronics Misses Revenue Forecast at 171 Trillion Won, Stock Falls 6.9% on July 7

Stocks

According to Morningstar analyst Jing Jie Yu, Samsung Electronics' revenue forecast of 171 trillion won fell short of market expectations on July 7, despite operating profit meeting guidance. The shortfall was attributed to weaker-than-expected DRAM price increases, disappointing investors who

11m ago

Samsung Electronics Misses Revenue Forecast at 171 Trillion Won, Stock Falls 6.9% on July 7

Bitcoin Mining Stocks Retreat ~20% Since April, Decoupling from BTC Price Amid AI and Semiconductor Trends

Stocks

AI Industry News

According to a 10x Research report, bitcoin mining stocks have retreated approximately 20% and largely decoupled from bitcoin's price movement since April. The stocks have become deeply tied to AI market narratives, though current AI sentiment centers on global supply chains and competitive

BTC0.74%

16m ago

Bitcoin Mining Stocks Retreat ~20% Since April, Decoupling from BTC Price Amid AI and Semiconductor Trends

South Korea FX Swap Points Rise on Won Funding Demand, 1-Year Contract Up 0.30 Won on July 7

Forex

According to Yonhap Infomax, on July 7, South Korea's foreign exchange swap points rose amid strong demand for won funding. The 1-year FX swap contract closed at -14.30 won, up 0.30 won from opening. The 6-month contract rose 0.10 won to -7.40 won, while the 3-month and 1-month contracts closed at -

17m ago

South Korea FX Swap Points Rise on Won Funding Demand, 1-Year Contract Up 0.30 Won on July 7

Russian Forces Capture Petro-Ivanovka Settlement in Ukraine's Kharkiv Region

According to TASS, Russian military forces have captured the Petro-Ivanovka settlement in Ukraine's Kharkiv region.

17m ago

Samsung, SK Hynix Leverage ETFs Fall 12-13% on July 7 as Net Assets Decline 15.3%

Previous

Naver Financial, Upbit Parent Dunamu Delay Stock Swap to Dec. 31 Amid Crypto Law Debate

South Korean Equity Funds See 9.95 Trillion Won Outflow as Investors Shift to Bonds and Money Market Funds

Digital Chamber Files Amicus Brief Urging Dismissal of NY Lawsuit Over 39,069 Bitcoin Wallets

Bank of England to Establish Simpler Capital Buffer Framework

Binance Halts PYR and VANRY Deposits and Withdrawals via Polygon on July 14

Samsung Electronics Misses Revenue Forecast at 171 Trillion Won, Stock Falls 6.9% on July 7

Bitcoin Mining Stocks Retreat ~20% Since April, Decoupling from BTC Price Amid AI and Semiconductor Trends

South Korea FX Swap Points Rise on Won Funding Demand, 1-Year Contract Up 0.30 Won on July 7

Russian Forces Capture Petro-Ivanovka Settlement in Ukraine's Kharkiv Region