- Pin
- ⏰ Just a Few Days Left!
🔥 The 12th Anniversary Celebration is Ending Soon — Don’t Miss Your Chance to Claim Rewards
🚀 Limited-Time Revelry #5 is Live
👉 Log in & play to win iPhone 16 Pro, MacBook Air and more: https://www.gate.com/activities/12th-anniversary
🏆 Draw for merch & send greetings on the Greeting Wall to win exclusive merch prizes
More Details: https://www.gate.com/announcements/article/44624
#Gate12Years#
- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 2 Is On! 🏆 Round 1 winners will be announced on May 26!
Sign up now 👉 https://www.gate.com/questionnaire/6722
Registration Period 🕙 May 23, 03:00 AM – May 26, 04:00 PM UTC
✍️ Post daily from May 26 to June 1 and share a $300 prize pool based on your post quality!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and
- 🎉 #Gate Post# Hits 50,000 Followers!
✨ To celebrate this amazing milestone, we're giving back to our incredible community!
🎁 4 Lucky Winners Will Each Receive $10 Points!
Join:
1️⃣ Follow Gate_Post
2️⃣ Like this post
3️⃣ Drop your congratulations in the comments!
End at 18:00, May 25 (UTC)
- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
Post on
MICA Daily｜Reaching a settlement with SEC, Decentralizationexchange Mango Market will cease operation
Previously, Mango DAO and Blockworks Foundation were accused by the SEC of raising over $70 million through the unregistered issuance of MNGO Tokens in August 2021, violating the securities laws regarding the sale of unregistered securities. The latest development is that Mango has agreed to pay a $700,000 fine, destroy the Tokens, and requested the exchange to delist the MNGO Token to reach a settlement. At the same time, it also announced the cessation of operations of Mango Markets, a Decentralization exchange on the Solana blockchain.
In response to regulatory requirements, Mango Market requires users to close all investment positions by January 13th, and the governance proposal to suspend the platform's lending function is expected to take effect on the same day. Mango Markets was founded in August 2021 and aims to provide fast and low-cost trading and lending services.
As of now, the total locked value of Mango Markets is only 9 million US dollars, a decrease of 95.7% from the historical high of 210 million US dollars in November 2021. It was originally expected that the Trump administration would further loosen the business scope of DeFi companies. Currently, before Trump takes office on January 20th, the SEC's original enforcement team is accelerating the conclusion of cases, and market investors expect that the new team's inauguration will be bullish for the overall cryptocurrency industry.
Disclaimer: The article represents only the author's personal viewpoint and does not represent the perspective and position of Block Clients. All content and viewpoints are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and Block Clients will not be responsible for any direct or indirect losses incurred by investors in their trades.
MICA Daily | Reached a settlement with the SEC, Decentralizationexchange Mango Market will end its operation. This article was first published in 'Block Times'.