Latest news with #Gate

Associated Press
2 days ago
- Business
- Associated Press
Gate Releases May 2025 Transparency Report: Brand Revamp Ignites Strategic Acceleration
PANAMA CITY, June 20, 2025 (GLOBE NEWSWIRE) -- Gate, a global leader in cryptocurrency trading, has released its May 2025 Transparency Report, revealing remarkable growth across key business indicators. Amid improving market sentiment and a maturing regulatory landscape, the platform recorded historic highs in trading volume and user activity, accelerated brand globalization efforts, advanced compliance achievements, and further expanded its Web3 ecosystem. Trading Volume and User Base Hit New Milestones In May 2025, Gate saw a substantial year-over-year increase in total trading volume, driven by strong performance in both spot and futures markets. Futures trading, in particular, has become a primary growth engine for trading activity. Gate now ranks second globally in 24-hour spot trading volume, reinforcing its position among the world's leading exchanges. The platform's user base surpassed 27 million registered users, reflecting continued global momentum and growing brand influence. Meanwhile, Gate Earn has seen explosive growth, now supporting nearly 1,000 digital assets with $2 billion in total assets under management. Its Dual Investment product now supports 60 tokens, and remains one of the most popular structured finance offerings on the market. This month, Gate was also honored with the 'Best Crypto Exchange 2025' award by Entrepreneur Middle East, recognizing the platform's excellence in user protection, operational stability, and regulatory compliance. Global Brand Revamp: New Domain and New Logo Launched On May 19, Gate officially launched its new domain, alongside a redesigned logo, marking a bold step forward in its global rebranding strategy. This upgrade unifies visual identity across global operations and enhances international recognition and user trust. The rebrand coincides with Gate's vision of becoming the 'Next-Generation Crypto Exchange', a platform at the intersection of global compliance, user-centric design, and Web3 innovation. The rebranding covers all Gate entities globally, including licensed operations in Japan, Dubai, and Europe, delivering a consistent and professional brand presence worldwide. Product Ecosystem Expansion Drives Growth in User Engagement and Assets In May, Gate's continuous product innovation led to a significant boost in its platform ecosystem. The relaunch of Launchpad sparked market excitement, with the debut project Puffverse (PFVS) oversubscribed by more than 93,800%, attracting 35,000 participants and raising $656 million. Gate Alpha, focusing on meme asset trading, launched hundreds of projects in May, distributed over $1 million in airdrops, and generated billions in trading volume. Launchpool introduced nearly 20 new projects, distributed over $3 million in rewards, and peaked at over 1,000% annualized returns. HODLer Airdrop launched nearly 30 projects, attracted more than 170,000 participants, distributed over $800,000 in rewards, and saw over $38 million in total staking volume. CandyDrop launched nearly 20 airdrop campaigns, drawing over 500,000 participants with a prize pool close to 3 million USDT. The synchronized growth of these core product lines demonstrates Gate's leading edge in product innovation and user attraction. Accelerating Asset Transparency and Compliance Leadership, Reserve Ratio Reaches 128.57% As of May 2025, Gate's total reserve assets reached $10.865 billion, with an impressive reserve ratio of 128.57%, far exceeding the 100% industry benchmark. BTC, ETH, and USDT reserves all maintained surplus coverage, with BTC reserve ratio at 137.69%. These figures reflect Gate's long-standing commitment to transparency and financial strength. On the compliance front, Gate Technology FZE, a part of Gate, has obtained a VASP License under the regulation and supervision of VARA in Dubai to provide exchange services and is permitted to serve institutional investors, qualified investors, and retail investors. This milestone marks another significant step forward in Gate's global compliance strategy. Expanding Web3 Culture with Brand Campaigns and Global Events In May, Gate intensified its brand presence through multiple high-profile events. Gate 12th Anniversary Global Celebration concluded in Dubai, where CEO Dr. Han outlined the vision of Gate as the next-generation crypto exchange. SPORT3 DUBAI 2025 united Web3 and sports through cross-industry activities. Gate hosted global KOLs at Inter Milan's home stadium and celebrated Bitcoin Pizza Day with custom pizza deliveries to users and partners. At the Formula 1 Monaco Grand Prix, Gate CBO Kevin Lee represented the brand in collaboration with Oracle Red Bull Racing. Gate's NFT drop with Red Bull Racing exceeded 1 million mints, engaging over 200,000 participants. Yann Sommer, Serie A champion and Inter's goalkeeper, joined as a Gate Friend, symbolizing the platform's commitment to asset security. Promoting Education, Research, and Social Responsibility, Demonstrating Platform Impact In May, Gate continued to make strides in educational outreach and social responsibility. Gate Learn released educational content and courses covering trending topics such as DeFi, RWA, and AI, helping users systematically enhance their understanding. Gate Research deepened its efforts in policy interpretation and market analysis, strengthening its expertise in critical areas like meme coins, public chains, and ETFs. During the same month, Gate Charity partnered with Forum Animal to launch a public welfare campaign in São Paulo, Brazil, calling for an end to animal testing and promoting global awareness around animal welfare and ethics, demonstrating the platform's enduring commitment to sustainable values. A New Chapter Begins, Advancing Toward Industry Leadership May 2025 marks a pivotal chapter in Gate's journey. With a newly unified brand identity, record-breaking business growth, and deeper integration across product, compliance, and community initiatives, Gate is accelerating its path toward becoming a truly global, next-generation crypto platform. As the company moves beyond its 12th anniversary milestone, Gate remains committed to innovation, compliance, and user empowerment, opening the gate to a more open, secure, and sustainable Web3 future. About Gate Gate, founded in 2013 by Dr. Han, is one of the world's earliest cryptocurrency exchanges. The platform serves over 27 million users with 3,600+ digital assets and pioneered the industry's first 100% proof-of-reserves. Beyond core trading services, Gate's ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter. For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube Media Contact: Loyo at [email protected] Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via Disclaimer: This content is provided by Gate. 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Business Insider
11-06-2025
- Business
- Business Insider
MEET48 Officially Announces TGE and $IDOL Listing on Binance Wallet, Bitget, Gate, MEXC, and PancakeSwap on June 11
Dubai, UAE, June 11th, 2025, Chainwire On June 10, MEET48 — the world's first Web3.0 AI-Agent and AIUGC creator & fan economy entertainment community — announced it will officially launch its TGE on June 11, 2025. MEET48's native token, $IDOL, will be listed on Binance Alpha, Bitget, Gate, MEXC, and PancakeSwap. With a vision of disrupting Web3 through entertainment and leading a new Web3 entertainment era with idol cultivation and fan economy, MEET48 continues to shape the future. Binance Wallet and PancakeSwap have announced that MEET48's TGE will take place on June 11, 2025, from 8AM to 10AM (UTC). Eligible participants must use Binance Alpha Points to join the subscription. $IDOL will go live on Bitget, Gate and MEXC on June 11, 2025 at 12PM (UTC). Currently, MEET48 boasts 3.8 million active users and 500,000 Web3 wallets globally, frequently ranking #1 among social applications on BNB Chain with on-chain interaction volumes exceeding hundreds of millions. With the TGE as a starting point, MEET48 will inject a range of major AI entertainment products and services, aiming to reinforce the utility and market value of the $IDOL token, and position it as a mainstream token in the Web3 real-world application landscape. The project also targets the market pain point of 'IEO as a short-term peak,' striving to deliver long-term value for investors. In previous major Web3 events from 2024 to 2025 — whether in Hong Kong, Tokyo, Bangkok, or Singapore — MEET48 captivated global audiences with its distinctive interactive formats and powerful stage performances. For instance, during TOKEN2049, MEET48 hosted the Side Event 'Back To The Streets,' where idols engaged in face-to-face interactions and handshakes with fans from around the world, deepening emotional bonds between them. In addition, MEET48 officially announced that it had secured token round funding from a number of prominent institutions and individuals, including Liang Xinjun (Co-founder of Fosun Group), Hash Global, HashKey Capital, and Animoca. The round valued the project at a fully diluted valuation (FDV) of $100 million. Following the TGE, MEET48 will reveal further breakthroughs from this funding round, continuing to advance its mission of redefining Web3 through entertainment — and opening up broader possibilities for its future development on BNB Chain. On June 9, MEET48 launched its $IDOL airdrop program for all users interacting with the MEET48 ecosystem, partner communities, special contributors, active users of Mars Protocol, the top three winners of 'The Mars Audition for Best3 AI-MEME' and holders of ecosystem NFTs. The first token claim will open immediately after TGE and can be used to participate in the 1st Web3.0 All-Community Annual Idol Popularity Audition & Ceremony (WIPA). Notably, WIPA is the first global initiative to integrate blockchain mechanisms into idol audition systems. It is co-hosted by MEET48 and China's major youth girl group SNH48 GROUP as global strategic partners and will be held on August 2 at Arena, AsiaWorld-Expo, Hong Kong. All members of SNH48 GROUP and their overseas AI-Agent virtual group will participate in the WIPA Global Finals to compete for resources in overseas and Web3 development. 2025 Q3 Roadmap — Mars Protocol, AIdol Producer, and AI-Audition Beyond WIPA, MEET48 will continue to execute its published ecosystem roadmap. In Q3 2025, MEET48 will further develop the Mars Protocol — a BSC-based AI-Agent and social idol coin launch platform. AIdol Producer will allow users to create AI Idol-Agents with autonomous interaction capabilities in one click, supporting chat, livestreaming, and virtual performances, while also leveraging advanced AIGC technologies to generate AI-based music, dance, and multimedia content. At the same time, MEET48 will launch 'AI-Audition', a next-generation AI + Web3 upgrade of the globally renowned game IP 'Audition' — a classic dance simulation game with over 1 billion users and over $10 billion in historical revenue. 'AI-Audition' is developed by the original 'Audition' marketing team and deeply integrated with the MEET48 community, using $IDOL as its main in-game currency. It is built on the Web3 framework and rooted in idol cultivation and fan economy principles. As the world's first virtual music and dance LLM + AI-Agent-powered simulation chain game, 'AI-Audition' fuses three ecosystems under Web3 consensus: the music & dance AIUGC creator economy, virtual idol/group cultivation system, and dance simulation gameplay. As the core content pillar of the MEET48 ecosystem, 'AI-Audition' represents the largest classic game IP integration in the history of AI entertainment and GameFi. With over 3 years of R&D, a total investment exceeding $100 million, and more than 500 developers, 'AI-Audition' is set to launch public limited testing in Q3 2025, poised to become a landmark global industrial breakthrough in AI and Web3. 2025 Q4 Roadmap — CoinFishing and MonopoliFi In Q4 2025, MEET48 will introduce more game projects using the same governance token for community incentive and governance. CoinFishing combines a decentralized explosion rate mechanism with a market-driven swap liquidity pool to create a next-gen 3D upgrade of the classic fishing game under a fair, non-intervention Play-to-Earn model. MonopoliFi is a large-scale GameFi project integrating open-world and city-building UGC mechanics, allowing users to mine through tasks, build virtual cities using in-game editors, and conduct on-chain transactions — bridging the game economy with real-world financial systems. 2026 Q1 Roadmap — AI-Audition, Decentralized AI-Agent Graphic Social Layer, and Metaverse In Q1 2026, AI-Audition will enter unlimited testing and commercial operation. MEET48 will also prioritize the development of a decentralized AI-Agent-based graphic social layer and the MEET48 Metaverse. With its foundation in UGC creation and token-driven idol popularity growth, MEET48 aims to co-build with its users a robust Web3 + AI-powered entertainment infrastructure, pioneering the future of idol cultivation and the fan economy. About MEET48 MEET48 is the world's first AI-Agent and AIUGC-powered fan economy entertainment community and is regarded as one of the largest Web3 application project teams globally. With a 500-member R&D team and regional operations spanning Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai, MEET48 is committed to realizing mass adoption of Web3 through a youth entertainment ecosystem centered around AIGC (Animation, IDOL, GAME, and Comics) and a graphically intelligent social metaverse base. Official Website: Contact Marketing Director Era S MEET48


Time of India
10-06-2025
- Entertainment
- Time of India
Throwback - When Blake Lively said she wants her kids to be 'proud': "I want to author films that I would..."
Blake Lively , the leading actress of Hollywood, has been in the headlines for her legal battle with Justin Baldoni . The 37-year-old actress has been thriving in the industry for more than a decade; however, she once revealed that her utmost priority would be her family. Blake Lively wants her kids to be 'proud'... In a 2022 interview with Forbes Power Women Summit, Blake Lively revealed that she wants her children to be 'proud' of what she does for a living. She stated that having children changed her life, and further described that motherhood has helped her to be more authentic to herself and to be confident. 'Not to say that there aren't a bevvy of insecurities coming at me a million times a day, but I just feel incredibly settled,' she added. After having kids, Lively realised that her time was much more 'precious,' and that she wouldn't give her heart out to the projects that didn't give he the 'authorship' as an actress. Prioritising the family, Blake said that her family is the 'root' of everything she did or created. Blake Lively wants to author her films... 'I want to author films that I would be proud for my children to see. Even the gowns I wear -- I just want my kids to be proud,' the 'It Ends with Us' actress said in 2022. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Open the Gate 2 Adventure in the Digital World Shop Now Undo Blake Lively and Justin Baldoni As per the latest update on the Blake Lively and Justin Baldoni legal battle, Judge Lewis J. Liman tossed out the $400 million defamatory lawsuit against Lively and her husband, Ryan Reynolds . Additionally, the $250 million lawsuit against the New York Times has also been dismissed by the court, after Baldoni accused the media outlet of conducting a smear campaign against him. In the official statement, Blake Lively spoke about facing emotional turmoil over the past year. 'Last week, I stood proudly alongside 19 organisations united in defending women's rights to speak up for their safety,' she wrote on her Instagram story. 'Like so many others, I've felt the pain of a retaliatory lawsuit, including the manufactured shame that tries to break us,' she continued, and further added the resources of incredible organisations who would stand for women's dignity and voice.


The Herald Scotland
09-06-2025
- Sport
- The Herald Scotland
Part of Thunder's identity traces roots to Oklahoma City bombing
But they all have knowledge of the crime and tragedy because every Thunder employee - from the business side to basketball operations, from first-round draft pick to a player on a two-way G League contract - visits and tours the Oklahoma City National Memorial and Museum. "I was on that tour within a month of working here," said Daigneault, who was hired as the franchise's G League coach in 2014. "There's literally no one that's ever put a logo on their chest that has not been through there because it's just such a big part of the story of the city and the kindness, the compassion that the city has and this community has not only for the team but for one another." April 19 marked the 30th anniversary of the bombing, and the memorial and museum has conducted several events honoring victims and their families and sharing history. There is no question the bombing shaped the city and region, contributing to its resolve, strength and sense of community. The memorial and museum are one mile north of the team's arena in downtown Oklahoma City, and about 500,000 people visit the sacred ground annually. The memorial is marked by solemnity and a reminder of evil. On a recent morning, visitors walked through the outdoor portion of the memorial. At one end, the 9:01 Gate "represents the innocence before the attack" - the bombing happened at 9:02 - and the 9:03 Gate "symbolizes the moment healing began." The 168 chairs represent each of the people killed in the bombing, the survivor wall - a remnant from the explosion - and the survivor tree, "a living symbol of resilience," are part of the outdoor memorial. Kari Watkins is the president and CEO of the Oklahoma City National Memorial and Museum and has had a significant role in creating a space that honors and teaches through a variety of storytelling methods, including interactive exhibits. Watkins, one of USA TODAY's 2025 Women of the Year, was the memorial and museum's first employee. She said Thunder executive vice president and general manager Sam Presti reached out to her. "I met with him, talked to him and took him through (the memorial and museum), and we've become good friends," Watkins told USA TODAY Sports. "He is more than a GM to me. He is a friend." Presti is on the memorial and museum's executive committee. "We have this term called the Oklahoma Standard," Watkins said. "It was a term that (Tom) Brokaw coined the first night of his broadcast in 1995 talking about how Oklahomans were a little different. They were cowboy tough, they were resilient, they were strong, and they had set the standard he had never seen before. ... "I'll never forget one board meeting, I don't know, 10 years ago, eight years ago, Sam said, 'You guys take this for granted. You think everybody takes care of their neighbors.' Everybody steps up, and it says so much about the people of the city. They just go and do things. They serve others, they help others. And there's a kindness level here, and we've worked on that harder because of Sam's influence." OPINION: How Pacers coach Rick Carlisle helped Thunder GM Sam Presti break into NBA C-suite USA TODAY Women of the Year: Pacers CEO Mel Raines relishes building community through sport On Friday, June 6, Watkins led NBA Commissioner Adam Silver and Thunder owner Clay Bennett on a tour. "I was telling the commissioner the reason I think it's so important is because we are starting to see the same dehumanization and hear the same anti-government rhetoric, and we're hearing all those same noises we heard in 1995, and we've got to stop it," Watkins said. "We've got to figure how to sit down and listen." Caruso, the Thunder's key reserve guard, started his professional basketball career with the Thunder's G League team in 2016. That's when he visited the memorial and museum for the first time. "The cool thing about the organization is no matter how big, small, what your role is on the team, you make a trip out there just to learn about the history of it and how it did impact the community and understand why the relationship is so tight between this team and organization and the community," Caruso said. Said Watkins: "What the perpetrators sought to do in 1995 was to divide our city. And if you're here, you see a city that's united. And so those were the lessons we learned, and we just want to keep, we're passing them on to thousands of school kids a year. "But when you wear the words Oklahoma City on your jersey, you are an ambassador for your city. And so when they come through, they learn the story. Most of them don't know it. They weren't alive. And unless they've Googled it or seen it somewhere, they don't know the story." They now know the story, woven into the heart and soul of the city. Follow NBA reporter Jeff Zillgitt on social media @JeffZillgitt


Winnipeg Free Press
05-06-2025
- Business
- Winnipeg Free Press
Warburtons puts $650K into new Cereals Canada HQ
The United Kingdom's largest bakery brand has contributed $650,000 to a Cereals Canada facility that will be built in Winnipeg's Exchange District. Warburtons announced on Thursday its contribution to the capital campaign for the Global Agriculture Technology Exchange. Referred to as 'Gate' for short, the facility will help grain producers and processors bolster their international profiles and find new trading partners in response to U.S. tariffs and protectionism. The U.K. brand sources 'significant volumes' of Canadian wheat from Western Canada and has been working with Canadian farmers and Cereals Canada for many years, campaign chair JoAnne Buth said in a news release. MIKAELA MACKENZIE / FREE PRESS FILES Various cereal grains on display at the Cereals Canada lab. United Kingdom bakery brand Warburtons has contributed $650,000 to a new Cereals Canada facility planned for Winnipeg's Exchange District. Warburtons employees utilize Cereals Canada's pilot bakery, mill and lab to test and analyze Canadian wheat before it goes to the U.K. for production. To date, the Gate capital campaign has raised $32 million toward its goal of approximately $100 million. Monday Mornings The latest local business news and a lookahead to the coming week. The campaign is targeting contributions from industry groups, agribusinesses and individuals, and support from the three levels of government. — Free Press staff Aaron EppReporter Aaron Epp reports on business for the Free Press. After freelancing for the paper for a decade, he joined the staff full-time in 2024. He was previously the associate editor at Canadian Mennonite. Read more about Aaron. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.