Gate Cryptocurrency News and Market Analysis

A new survey by crypto payments platform Oobit reveals that 51% of American crypto wallet users now rely more on cryptocurrency than their traditional bank for at least one everyday financial task. The study of 1,002 Americans shows privacy concerns drive adoption, with 28% citing privacy as their m

Nika Finance, a non-custodial mobile-first crypto application combining spot trading, perpetuals, staking, yield, and prediction markets across multiple chains, is operated by a three-person team led by founder Daniel Brinzan. The minimal headcount is a deliberate operating model designed to

Arthur Hayes, co-founder of BitMEX exchange and crypto-focused Maelstrom Fund, dumped his entire Hyperliquid (HYPE) and Near protocol (NEAR) holdings ahead of the SpaceX IPO scheduled for next week. Hayes cited the upcoming IPOs of SpaceX, Anthropic, and OpenAI as the reason for rebalancing his

Visa and Brale launched a proof-of-concept initiative on June 4 to test private blockchain-based settlement for institutional payment flows using the SBC stablecoin on the Canton Network. The project aims to evaluate whether privacy-focused blockchain infrastructure can meet enterprise-grade settlem

Security researcher Taylor Hornby discovered a critical vulnerability in Zcash's Orchard privacy pool on May 29 that could mint unlimited counterfeit ZEC coins. The disclosure triggered a more than 40% price drop in ZEC over 24 hours as holders assessed whether fake coins had entered the shielded po

South Korean police have opened the country's first criminal investigation targeting local users of Polymarket, the world's largest blockchain-based prediction market platform. The probe is being led by the Gangwon Provincial Police

Cosmos has joined the United Nations Development Programme's Blockchain Advisory Group, a collaborative initiative comprising 26 organizations from the blockchain sector. The group was established to explore how blockchain technology can address global development challenges, strengthen public

As of June 5, according to Gate market data, BTC is currently temporarily trading at $61,700, down 4% over the past 24 hours. ETH is temporarily trading at $1,650, down 8.5% over the past 24 hours. Over the past two weeks, Bitcoin has continued to decline from above the peak of $81,800; the cumulative drop has exceeded $20,000, reaching the lowest level in four months since February 2026. This round of sell-off was not triggered by a single event, but by multiple overlapping pressures from liqui

Adeniyi Abiodun, co-founder and chief product officer at Mysten Labs, announced on June 5, 2026 the launch of confidential transfers on the Sui blockchain, a feature designed to improve transaction confidentiality while maintaining network security. The development addresses growing demand within th

Volantech Aviation founder and CEO Dong Ming stated in a recent media interview that the company aims to achieve global top-two or even first-place technical status this year. This follows the company's completion of China's first manned transition flight of its VE25-100 aircraft in late May at

PUNKVISM entered into a strategic MOU with ChainArt to develop NFT-based ticketing services for live entertainment. The collaboration aims to integrate blockchain technology into the live entertainment sector and establish a broader Web3 ecosystem for concerts and events in South Korea and

Tencent hired former OpenAI researcher Yao Shunyu as Chief AI Scientist in the last year, and he announced Friday his goal to establish a long-term artificial general intelligence organization in China. Yao made the remarks at a Tencent event in Beijing co-organized with local authorities. The

PEPE drops 7.43%, trading below key moving averages and showing strong bearish control. Price consolidates between $0.000002902 and $0.000003098 with continued downside risk. $0.000002902 support remains at a critical level, breakdown could trigger further losses. PepeCoin — PEPE, contin

Cybersecurity researchers have uncovered a new malware campaign targeting cryptocurrency developers through software supply chains. The malware, known as IronWorm, is a Rust-based infostealer designed to collect wallet credentials, cloud service keys, and GitHub authentication tokens. Security