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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
Solana Co-founder: L1 should not limit application rise model
Wu learned that Solana co-founder Toly stated in a post that the underlying Blockchain protocol (L1) should be flexible enough to allow applications to freely choose business models to achieve rise. He pointed out that even a "seemingly bad growth strategy" could lead to project migration if L1 imposes restrictions, "if L1 hinders application growth, they will leave, it's that simple."