Gate Cryptocurrency News and Market Analysis

Kalshi has raised $1 billion in funding, increasing its valuation to $22 billion, doubling from its last round in December. This growth reflects the rapid investment trend in prediction markets, forecasted to reach $95.5 billion by 2035.

Gemini faces a class action lawsuit from shareholders alleging that the company misled investors about its business viability and concealed its shift to prediction markets, contributing to a significant decline in stock value.

Ledger is expanding its U.S. presence with a new office in New York to engage with institutional clients and enhance its role in the growing digital asset ecosystem. This move aligns with increased institutional interest in secure crypto infrastructure.

The UXLINK ETH exploiter is back in the news, and not for successfully cashing out. Arkham Intelligence flagged the wallet this week after the hacker sold $11.8 million worth of ETH through CoWSwap for DAI. The trade itself isn’t the story. The story is what the on-chain record shows when you zoom o

Fundtir Capital Ltd has opened the FNTR public sale, expanding access to its crypto investment platform. The sale allows broader participation in the ecosystem while focusing on transparent infrastructure, disciplined token issuance, and long-term capital alignment. At a time when many token

South Korea's National Tax Service plans to hire private custody providers for seized cryptocurrencies after a security breach revealed flaws in its storage system. This shift aims to enhance security and streamline asset management in light of increasing digital asset regulations.

Bluesky, a decentralized social media platform, raised $100 million in funding led by Bain Capital Crypto, increasing its user base to 43 million. The investment underscores growing support for its AT Protocol, allowing user data control and integration across apps.