📢 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
Three Arrows Capital liquidators seek at least $1.3 billion in compensation from Terraform Labs
The liquidator of the bankrupt Cryptocurrency Hedging fund, 3AC, is seeking at least $1.3 billion in compensation from Terraform Labs to make up for the losses suffered by the fund after the collapse of TerraUSD and Luna Token in 2022. The liquidator stated in court documents that prior to the collapse of these Tokens, Terraform manipulated the market for these Tokens in a way that artificially inflated asset prices, inducing 3AC to purchase Luna and TerraUSD. They claimed that the collapse not only wiped out 3AC's investments in these Tokens,