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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
The new bank Ether.fi has launched a Crypto Assets hotel booking service.
Gate News bot message, Ether.fi announced the launch of the Ether.Fi Hotels feature, allowing users to book luxury hotels worldwide using the Ether.fi Cash card.
Last month, the company transformed from a re-staking protocol into a new type of bank with $6.8 billion in user deposits, offering traditional banking services while integrating its existing native DeFi features, such as earning yield through Ethereum re-staking.
This latest feature is launched in collaboration with Entravel, a travel booking platform with thousands of hotel brands worldwide. Users can earn 5% cash back on each booking when using the Ether.fi Cash card.
According to data from Dune Analytics, the Ether.fi Cash product has managed user deposits worth $25 million since its launch one month ago, of which $3.8 million was used for consumption and $109,000 was used for cash back.
Source: CoinDesk