Gate TR Insights and Crypto Market Analysis

Gate TR Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Five South Korean Bank CEOs Testify on Data Breaches at National Assembly Audit

Five major South Korean bank CEOs will testify on October 19 at a National Assembly Financial Services Commission audit following recent customer data breaches. The hearing will focus on security system vulnerabilities and management accountability at KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori
CryptoFrontier·10-19 00:31
Five South Korean Bank CEOs Testify on Data Breaches at National Assembly Audit

Hyundai Mobis Sells Lamp Business to OP Mobility Without Disclosing Price

Hyundai Mobis signed a stock purchase agreement on the 30th of last month to sell its automotive lamp business division to French auto parts company OP Mobility, but the Korean automaker's official disclosure omitted the transaction price. The sale involves spinning off the domestic lamp division in
LucasBennett·10-18 23:52
Hyundai Mobis Sells Lamp Business to OP Mobility Without Disclosing Price

NPS Expands Staff by 6, Establishes Integrated Portfolio Team

South Korea's National Pension Service (NPS) announced on the 13th an organizational restructuring that increases its fund management staff by six positions and establishes a new Integrated Portfolio Team, with changes taking effect on the 21st. The restructuring aims to strengthen integrated portfo
LucasBennett·10-18 23:51
NPS Expands Staff by 6, Establishes Integrated Portfolio Team

Evercore ISI Raises SpaceX Price Target to $275 Ahead of Q3 Earnings

Evercore ISI raised its price target for SpaceX from $230 to $275 ahead of the company's Q3 earnings release, according to CNBC on the 16th (US local time). Kougun Maral, an Evercore ISI analyst, stated that while skeptics view SpaceX as a long-term project closer to science fiction than a financial
LucasBennett·10-18 23:31
Evercore ISI Raises SpaceX Price Target to $275 Ahead of Q3 Earnings

Korean Semiconductor Stocks Decline Deemed Excessive by DS Investment Analyst

Korean semiconductor stocks have experienced a sharp decline that DS Investment & Securities analyst Lee Su-rim characterized as excessive relative to fundamentals in a report issued on the 19th. The analyst recommended increasing sector allocation, stating that current stock prices are already refl
LucasBennett·10-18 22:52
Korean Semiconductor Stocks Decline Deemed Excessive by DS Investment Analyst

SwitchOne to Issue Yen-Based Stablecoin in Japan Next Year

SwitchOne, a global asset-tech company, announced on the 18th plans to issue a yen-based stablecoin next year through its Japanese subsidiary acquired on the 5th. The company will complete organizational, system, and compliance setup and connect its FX settlement engine operating in Korea to Japan's
EthanBrooks·10-18 22:45
SwitchOne to Issue Yen-Based Stablecoin in Japan Next Year