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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Do Kwon pleads guilty: The prosecution recommends a prison sentence of no more than 12 years, and the presiding judge will deliver the sentencing decision on December 11.
On August 13, according to a report by Reuters, South Korean crypto entrepreneur Kwon Do-hyung ( Do Kwon ) pleaded guilty to two counts of fraud in a federal court in New York on Tuesday. The 33-year-old co-founder of Terraform Labs developed the TerraUSD and LUNA tokens, which collapsed in 2022, causing losses of about $40 billion. During a hearing presided over by Federal Judge Paul Engelmayer in the Southern District of New York, Kwon pleaded guilty to conspiracy to commit fraud and wire fraud. In January, he had pleaded not guilty to a nine-count indictment involving securities fraud, wire fraud, commodity fraud, and Money Laundering. In court, Do Kwon apologized, saying, "I concealed the truth about the trading company's intervention in restoring the peg and made false statements. My actions were wrong." Although the maximum statutory penalty is 25 years, prosecutors agreed to recommend no more than 12 years in prison if he shows remorse. The presiding judge will make a sentencing decision on December 11. This case is one of the major cases during the crypto winter of 2022, when several digital asset companies filed for bankruptcy.