- Pin
- #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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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 Philippine company Funnull has been sanctioned by the United States for allegedly committing a $200 million encryption scam.
Gate News bot news, the United States has imposed sanctions on a Philippine digital infrastructure provider that is accused of aiding in a large-scale Crypto Assets scam, resulting in losses of over $200 million for American victims.
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced on Thursday that it has placed Funnull Technology and its manager Liu Lizhi on the sanctions list due to their association with pig-butchering scams.
Michael Faulkender, the Deputy Secretary of the U.S. Treasury, stated: "Today's action highlights our commitment to combating criminal enterprises like Funnull that fuel these online scams and deprive hard-working Americans of their savings."
According to the U.S. Treasury Department, Funnull has provided the technical infrastructure for hundreds of thousands of scam websites. Many of these sites are related to Crypto Assets scams, particularly targeting Americans with fraudulent investment schemes.
The company purchases IP addresses in bulk from cloud service providers and then sells them to cybercriminals. These criminals use this infrastructure to host scam websites and other malicious content.
Source: Cryptonews