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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Hyperlane volume data is questioned by LayerZero co-founder for possible wash trading.
According to Gate News bot, Bryan Pellegrino, co-founder of LayerZero, has questioned the volume data of the cross-chain communication protocol Hyperlane. Bryan Pellegrino pointed out that there are specific addresses making $24,000 round-trip transactions every 30 seconds, creating false trading volume.
Hyperlane responded that the relevant transaction behavior comes from users who pursue HYPER rewards and has nothing to do with the protocol party. Bryan Pellegrino further pointed out that there is an unfair distribution of Hyperlane token rewards. It is worth noting that LayerZero has implemented large-scale anti-Sybil measures when it previously conducted token airdrops.
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