- Pin
- #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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
Union has completed the trusted setup, paving the way for trustless cross-chain Decentralized Finance.
Gate News bot news, Union has set a new record for zero-knowledge infrastructure, with its Groth16 trusted setup ceremony now completed, receiving a total of 4,664 verified contributions, surpassing the record set by Manta Network in 2023, with an additional 4,590 contributions still pending. This lays the encryption foundation for using concise validity proofs to verify consensus and cross-chain messages.
The trusted setup ceremony is crucial for zero-knowledge proof systems. Union enables it to act as a "blockchain within a blockchain," providing verifiable messaging and asset transfers between Ethereum, Cosmos, Arbitrum, Babylon, and even Bitcoin's L2 layer, without relying on any centralized participants.
Union Chief Technology Officer Cor Pruijs stated: "Union's Groth16 trusted setup ceremony has the largest scale in history, which means it has the smallest honest assumption."
The "honest assumption" refers to the minimum number of participants that must act honestly (i.e., not disclose or reuse their private random numbers) to ensure the security of the final encryption parameters.
Source: Blockworks