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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
Bitcoin historical event: In 2010, a system vulnerability led to the erroneous generation of 184 billion BTC.
According to the Gate.io News bot, as reported by Wu, Zak Cole, co-founder of Corn, recalled a significant event in the history of Bitcoin. On August 15, 2010, a system vulnerability led to the erroneous creation of 184 billion BTC, which were deposited into two addresses, each holding approximately 92 billion.
Satoshi Nakamoto and other developers quickly took action, releasing a new client version with a soft fork within 5 hours. After all nodes completed the upgrade at block 74691, the new chain replaced the old chain, and the blocks containing abnormal transactions were removed.
Zak Cole pointed out in a post: "What saves Bitcoin is people, not code." He emphasized that the scarcity of Bitcoin relies on community maintenance, rather than solely depending on code.