Gate Cryptocurrency News and Market Analysis

LayerZero Labs has released its incident report on the KelpDAO bridge attack, saying about $292 million in rsETH was stolen after attackers poisoned RPC infrastructure used by its verification network and forcing policy changes around single-signer configurations. Summary LayerZero said KelpDAO

Santander-backed Mouro Capital has closed its third fund at $400 million, with the new vehicle targeting startups at the intersection of AI, blockchain, capital markets and wealth management. Summary Mouro Capital said its third fund closed at $400 million, taking total capital commitments

Nexo has renewed its title partnership for the Nexo Championship, which will return to Trump International Golf Links in Aberdeenshire on August 20-23, 2026. Summary Nexo Championship returns to Aberdeenshire with a $3m prize fund Event closes the 2026 Closing Swing on the Race to Dubai

Bitcoin has dropped around 6% since revisiting its 200-day moving average near $82,000 in May, following its initial break below the indicator in November. Despite this rejection, analysts at research and brokerage firm K33 maintain that February's bottom of approximately $60,000 still represents th

Tether International has acquired SoftBank's stake in Twenty One Capital (XXI), the controlling shareholder announced Wednesday. SoftBank's representatives stepped down from Twenty One's board of directors upon closing of the transaction in accordance with the firm's shareholder agreement. Twenty On

South Carolina has moved closer to becoming one of the most crypto-friendly states in the United States after Governor Henry McMaster signed Senate Bill 163 into law. The legislation passed with overwhelming bipartisan support in both the state Senate and House of Representatives, introducing

Terraform Labs' liquidators have accused Jane Street of insider trading that allegedly netted $134 million during the May 2022 Terra/LUNA implosion, claiming the trading giant front‑ran the depeg using non‑public information while retail investors were wiped out. Summary The court-appointed

Crypto wealth platform Nexo announced Wednesday that it renewed its title sponsorship of the DP World Tour's Nexo Championship, a professional golf tournament hosted at Trump International Golf Links in Aberdeenshire, Scotland. The event runs August 20-23 with a $3 million prize pool, marking the

Morgan Stanley has resubmitted a spot Solana ETF application that would hold and stake SOL under the ticker MSOL, extending the bank's push deeper into U.S. crypto exchange-traded products. Summary Morgan Stanley's revised S-1 says the trust will hold SOL directly and reflect staking rewards in