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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.
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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
The Solana ecosystem lending protocol Loopscale announces the resumption of withdrawal services.
According to Gate.io News bot, as reported by Wu, the Solana ecosystem lending protocol Loopscale announced that it will resume withdrawal functionality on May 9th at 10:00 AM Eastern Time (May 9th at 10:00 PM Beijing Time).
The protocol has completed the audit work for the updated patch. During the recovery period, the protocol implements a 24-hour withdrawal limit for users: the daily withdrawal limit for SOL deposit users is 2500 SOL, for USDC and USDG users, the daily withdrawal limit is 500000 USDC/USDG, and for jitoSOL users, the daily withdrawal limit is 500 jitoSOL.
Previously, Loopscale suffered a hacker attack, resulting in approximately 5.7 million USDC and 1,200 SOL being stolen. After negotiations with the hacker, all the stolen funds have been recovered.