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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
Share Alpha trading screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Gate Alpha 3rd Points Carnival Issue 10 is in full swing!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/campaigns/1522alpha?pid=KOL&ch=5J261cdf
- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
💰 Total reserves reached $10.504 billion
📈 Reserve ratio stands at 126.03%
✅ Covers over 350 types of user assets
🔼 Surplus reserves increased 10.66% to $2.17 billion
Committed to transparency and user fund security.
📎 Learn more: https://www.gate.com/proof-of-reserves
- 📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Historic Agreement between SEC and Cryptocurrency Companies: Over 4 Billion Dollars! - Coin Bulletin
The US Securities and Exchange Commission (SEC) has reached an agreement with a bankrupt cryptocurrency company.
The developer of TerraUSD and Luna tokens, Terraform Labs, has reached a settlement with the SEC following allegations.
Will pay billions of dollars
It has been decided that Terraform Labs defrauded investors out of approximately 40 billion dollars in 2022 when TerraUSD and Luna tokens collapsed.
The final decision regarding Terraform and the company's founder Do Kwon was announced in court the other day. It still needs to be approved by District Judge Jed Rakoff.
According to the decision, Terraform will have to transfer $4.05 billion of benefits and pay a $420 million fine.
In addition to a total of 4.55 billion dollars in fines, Kwon was also ordered to pay a 80 million dollars fine.
Can they pay the fine?
According to Reuters, it does not seem likely that Terraform will be able to pay the majority of these fines. Terraform entered the liquidation process after filing for bankruptcy.
SEC, "The implementation of this decision will ensure maximum repayment to the affected investors and permanently terminate Terraform's operations."
SEC had filed a lawsuit against Terraform, alleging that the so-called stablecoin's stability in TerraUSD had deceived investors.
Terraform and Kwon did not object to the decision made about themselves.