Tag: gate
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Gate Experiences Significant Outflows Amidst Scrutiny Over Alleged $1.7 Million Customer Theft
Gate, a prominent centralized cryptocurrency exchange, has recorded substantial net outflows totaling approximately $251 million over a seven-day period, according to data from DeFiLlama. This significant withdrawal activity comes as the exchange faces heightened scrutiny following an alleged theft of $1.7 million from a customer’s identity-verified account. The incident has cast a spotlight on the…
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Gate.io Unveils USDCx as Native Stablecoin on Canton Network, Bolstering Institutional DeFi Infrastructure with $150,000 in Ecosystem Incentives
Gate, a leading global digital asset exchange, has officially launched USDCx, a new native stablecoin designed specifically for the Canton Network, marking a significant milestone in the ongoing development of institutional-grade infrastructure for stablecoins across interoperable blockchain ecosystems. The immediate availability of deposits and withdrawals for USDCx on Gate’s platform directly integrates this purpose-built asset…
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