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- 📢 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!
👉
Shocking Decision from This Country: One of the World's Most Restrictive Cryptocurrency Laws Has Come into Effect!
Bitcoin (BTC) and cryptocurrency usage and adoption continue to spread worldwide, with the latest move coming from Hungary.
However, a negative step came from Hungary.
According to Forbes, Hungary has implemented one of the world's most restrictive cryptocurrency laws as of July 1st.
With the newly enacted strict cryptocurrency laws, cryptocurrency trading has become a crime for many citizens, and prison sentences have been imposed for unauthorized cryptocurrency transactions and services.
Accordingly, it introduced up to 5 years of imprisonment for individuals engaged in unauthorized cryptocurrency trading, and up to 8 years of imprisonment for service providers.
Individuals using unauthorized cryptocurrency trading services face up to two years in prison for simple transactions, while high-value transactions exceeding 50 million Hungarian forints, approximately 140,000 dollars, can result in three years in prison, and transactions exceeding 500 million forints can lead to up to five years in prison.
Revolut, a London-based digital bank with more than 2 million Hungarian customers, announced that it will "immediately suspend cryptocurrency services in Hungary temporarily until the next announcement."
A crypto analyst said, "It is impossible to understand why Hungary is applying such restrictive rules while the EU is creating unified standards. While some EU countries are delaying the implementation of MiCA, others have already started processing compliance applications."