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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.
💬 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!
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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
Cetus regains its position in the top 10 DEX after restarting following a serious hack.
Cetus Protocol has returned to the top 10 decentralized exchanges (DEX) after rebooting over the past weekend, following a $260 million hack. The protocol achieved $122.82 million in trading volume in the past 24 hours, becoming the 10th most active DEX. Cetus is also an important fee revenue source on SUI, although fee generation is still bouncing back.
Cetus aims to bounce back to a leading position to turn the SUI ecosystem into a competitor of Solana and a place for meme tokens. DEX activity is the largest source of users for SUI, but the chain also wants to develop other applications such as NFTs and on-chain games.
In the coming days, we will see whether Cetus can maintain this level of activity, as SUI L1 currently has only 300,000 daily users.