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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Driven by the Bitcoin Decentralized Finance boom, the usage of the Internet Computer Cross-Chain Interaction protocol rose by 1230% year-on-year.
According to a report released by the developer Dfinity Foundation on November 4, the usage of Chain Fusion, the Cross-Chain Interaction message delivery protocol of Internet Computer, has risen by 1,230% YoY, mainly from native Bitcoin applications. Dfinity said that BTC applications, including Rainbow Protocol, Tap Protocol, and Bitfinity, are using Internet Computer to deploy Smart Contracts and other complex programs on the BTC network. Chain Fusion has enabled Smart Contracts for BTC because ICP can interact directly with the BTC network without using any trusted bridge. (Cointelegraph)