Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

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GameFi Collapse Deepens: 93% of Web3 Games Fail, Funding Evaporates

A new report from crypto research firm Caladan finds that 93% of Web3 gaming projects launched since 2020 are now inactive or effectively dead, underscoring a steep collapse in the once-hyped GameFi sector. The study, which analyzed more than 3,200 Web3 gaming projects and over $12 billion in
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DailyCoin·2u geleden
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Europe's T+1 Settlement Shift Demands Operational Readiness

European market participants are being urged to accelerate preparations for the shift to a T+1 settlement cycle, with industry timelines entering an execution phase as the transition deadline approaches, according to statements from DTCC leadership. Val Wotton, Managing Director and Global Head of E
CryptoFrontier·6u geleden

Broadridge Launches AI Disclosure Simplification Project in Ireland

Broadridge is developing artificial intelligence tools to simplify financial disclosures in Ireland, with support from IDA Ireland, addressing a gap between the scale of the country's funds industry and limited retail investor participation. The initiative converts technical investment language
CryptoFrontier·7u geleden

Nvidia Market Cap Surpasses $5.26 Trillion on April 27

Nvidia's stock price surged 4% on April 27 (local time), closing at $216.61 per share and reaching a record market capitalization of $5.26 trillion USD, according to the article. The company now ranks first in US market capitalization by a significant margin, followed by Alphabet at $4.24 trillion a
CryptoFrontier·7u geleden

Colombia Climate Conference Pursues Global Fossil Fuel Phaseout

Global Climate Conference Launched in Colombia Global climate talks received significant momentum on April 24, 2024, when the head of the International Energy Agency stated that geopolitical disruptions to energy markets are accelerating the transition away from fossil fuels. The First Internation
CryptoFrontier·8u geleden

Australia Proposes 2.25% Levy on Meta, Google, TikTok for News Payments

Australia will impose a 2.25% levy on the local revenue of Meta, Google, and TikTok unless they sign deals to pay local media outlets for news on their platforms, according to Reuters. The proposed News Bargaining Incentive would direct levy proceeds to news companies, with platforms receiving
CryptoFrontier·9u geleden

ZetaChain Pauses Cross-Chain Transactions After Smart Contract Attack

Layer 1 network ZetaChain has paused cross-chain transactions on its mainnet after identifying an attack on its GatewayEVM contract, according to The Block. The incident impacted only internal ZetaChain team wallets, with no user funds affected, the team stated. According to DefiLlama data, $300,000
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CryptoFrontier·9u geleden

XTB Adds In-App Call Verification to Combat Voice Phishing

XTB has introduced a real-time call verification feature within its investment app to address rising voice phishing attacks targeting retail investors. The feature allows users to confirm whether incoming calls claiming to be from XTB representatives are legitimate, introducing a second layer of
CryptoFrontier·9u geleden