Gate Cryptocurrency News and Market Analysis

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Oracle Receives Analyst Price Target Upgrades Ahead of Q4 Earnings

Oracle Corp. received price target increases from multiple Wall Street analysts ahead of its fourth-quarter earnings results due Wednesday. Evercore ISI analyst Kirk Materne raised the price target to $245 from $220 with an Outperform rating, TD Cowen analyst Derrick Wood raised the target to $300 f
LucasBennett·1h ago

The UK FCA proposes a 10% cap on retail funds’ holdings of crypto ETNs, launching a five-week consultation

According to CoinTelegraph on June 9, the UK Financial Conduct Authority (FCA) proposed in a quarterly consultation paper to allow certain authorised investment funds—including transferable securities collective investment schemes (UCITS) funds and some non-UCITS funds—to hold up to 10% of cryptocurrency exchange-traded notes (ETNs). The public consultation will run for 5 weeks, with a deadline of July 13. Confirmed Terms of the FCA Proposal: Scope, Exclusion Mechanisms, and Policy Background Ba
ETN1.78%
MarketWhisper·2h ago
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Hong Kong Monetary Authority: Mainland customers can normally apply to open accounts; new investment accounts require a written declaration of the source of funds

A spokesperson for the Hong Kong Monetary Authority (HKMA) issued a statement on June 6, saying Mainland clients can still normally apply to open bank accounts in Hong Kong, and overall, the account-opening process is running smoothly. According to the HKMA regulatory circular published on May 22, when Mainland residents open new bank investment accounts in Hong Kong, they must make a written declaration confirming that all funds used for investment and settlement are from legitimate sources out
MarketWhisper·2h ago
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TeamPCP Miasma worm infiltrates Microsoft code library, GitHub automatically blocks and intercepts

Miasma worm infected more than 70 Microsoft GitHub open-source repositories within two minutes on June 6. GitHub’s automated defense system shut down 73 infected repositories within 105 seconds after the malicious code was submitted. The affected repositories mainly cover Azure Functions host processes and the open-source versions of the Durable Task task orchestration framework across multiple languages. Attack chain: confirmed technical mechanism and affected scope Based on confirmed reporting
MarketWhisper·2h ago
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