📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
On August 8, news came that a significant legal dispute in the encryption industry seems to be nearing its end. The U.S. Securities and Exchange Commission (SEC) and Ripple Labs' attorneys jointly agreed to withdraw their appeal to the Second Circuit Court of Appeals. The joint motion to withdraw filed on Thursday shows that each party will bear its own costs. Previously, Ripple Labs CEO Brad Garlinghouse announced in June that the company intended to withdraw its cross-appeal, stating they wanted to "turn the page and focus on building the value internet." Now both parties have abandoned their appeals, and Judge Analisa Torres' mixed ruling from 2023 will become the final decision. The ruling determined that the hundreds of millions of dollars' worth of XRP sold by Ripple Labs to institutional investors constituted illegal securities sales, but she supported Ripple Labs regarding the "dark pool" sales issue aimed at retail investors.