Daily Hotspot Recap — July 11 ▰ Gate Exchange issued a statement regarding the incident in which users’ funds were stolen from 170w; in brief, the live proof was compromised. The affected users did not do anything wrong, but no compensation was mentioned. ▰ Robinhood Chain’s meme coin $CASHCAT: its market cap has surpassed 200 million. Besides the leading $CASHCAT, other meme coins have been rising fast and falling fast too—if you’re going to play, watch the risks. ▰

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