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gate

Gate was established in 2013 and is one of the world's leading cryptocurrency exchanges, serving over 53 million users globally. It consistently ranks among the top three in global trading volume and liquidity. Gate currently ranks second in the world for 24-hour spot trading volume, supporting spot trading, futures trading, margin trading, and wealth management products, covering over 4,600 types of cryptocurrencies. The platform offers comprehensive and diversified digital asset trading and blockchain application services. It employs zero-knowledge technology to ensure 100% verifiability of user assets. As of January 6, 2026, the overall reserve coverage ratio increased from 124% to 125%, with total reserves reaching $9.478 billion, far exceeding the industry safety benchmark of 100%. The reserves support nearly 500 different types of user assets.
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Gate October Transparency Report: Launching Gate Money to Connect Diverse Assets, Spot Trading Share Growth Ranks Second in the World

Gate released the transparency report for October 2026. The report shows that in October, Gate officially launched Gate Money around the strategic concept of "One Gate, Everything Money," integrating global bank accounts, fiat currencies, digital assets, stocks, and payment services. Eligible users can open a global electronic bank account of the same name online. Currently, users can enjoy SWIFT cross-border payment services for four major fiat currencies: USD, EUR, GBP, and AED, with both account management fees and withdrawal fees reduced by 50%, streamlining the entire process from "account opening --- funds --- assets --- consumption."In the future, this service plans to expand to markets in Europe, Australia, Dubai, and support the receipt of over 60 local currencies. In terms of trading and wealth management ecosystem, CoinDesk's monthly "Exchange Review" shows that Gate's derivatives trading volume in October reached $394 billion, maintaining its position as the third largest global centralized exchange (CEX); spot trading volume grew against the trend by 2.1% to $49.8 billion, with a market share increase ranking second globally. Idle Money's holdings exceeded $340 million, Launchpool's monthly staking amount surpassed $575 million, and the additional rewards from Idle Money increased significantly by 61.04% month-on-month.While rapidly expanding its business, Gate continues to solidify its security foundation, with total reserves rising to $8.688 billion in October, a month-on-month increase of 5.7%, and the overall reserve ratio rising to 118.49%, ensuring comprehensive protection of user asset security with ample excess reserves.

NVIDIA's independent directors have hired a former prosecutor to investigate the incident involving Jensen Huang

On Sunday, the NVIDIA board announced an investigation and issued a statement on November 10 at 11 AM Eastern Time, confirming the hiring of former Acting U.S. Attorney for the Southern District of New York Joon H. Kim and his law firm Wachtell, Lipton, Rosen & Katz to conduct a comprehensive and independent investigation into matters related to CEO Jensen Huang. The board also stated that there is currently no reason to believe that the company's confidential information has been compromised, and Jensen Huang has expressed support for the investigation and committed to cooperating.Public information shows that Joon H. Kim served as the Acting U.S. Attorney for the Southern District of New York from 2017 to 2018, overseeing more than 220 assistant U.S. attorneys, with cases covering economic espionage, theft of trade secrets, sanctions violations, and cybercrime. In March 2021, he was appointed by New York Attorney General Letitia James to independently investigate the sexual harassment allegations against then-Governor Andrew Cuomo, and shortly after the investigation report was released, Cuomo resigned in August 2021. In December 2023, he was again appointed by the special review committee of the Board of the Federal Deposit Insurance Corporation to independently investigate allegations of harassment and discrimination within the agency.

Gate US App launches USD balance and wire transfer functions, supporting direct deposits and transactions in USD

According to the official announcement, the Gate US App has now launched the USD balance and wire transfer deposit and withdrawal functions. Users can directly hold USD in their accounts and use the USD balance for transactions, eliminating the need to convert funds into stablecoins during trading gaps, further enhancing the flexibility and convenience of fund management.Relying on the upgraded banking and payment infrastructure, eligible users who have completed identity verification can now initiate wire transfers through their own U.S. bank accounts, supporting higher transfer limits compared to bank cards or third-party payment methods, and can withdraw USD balances to verified bank accounts in the same name.Currently, Gate US holds 37 state-level money transmission licenses (MTLs), with compliant operations covering 47 states and regions in the U.S., laying a compliant foundation for the platform to continue advancing in the U.S. market and improving local financial services. With the launch of the USD balance and wire transfer functions on the app, Gate US's fiat service system covers a richer range of fund management scenarios, providing eligible users with a more efficient and convenient experience for USD fund deposits, withdrawals, and transactions.USD deposit and withdrawal services are only available in certain U.S. jurisdictions, and residents of Colorado, Hawaii, Missouri, New Jersey, Utah, or Wyoming cannot use this service.

Gate held a high-profile closed-door dinner in London, where founder and CEO Dr. Han shared the strategic layout of Gate Money

On November 10, Gate held a high-profile closed-door dinner at the Dorchester Hotel in London, gathering global leaders in the digital asset industry, institutional representatives, and important partners. Gate's founder and CEO Dr. Han delivered a keynote speech titled "One Gate, Everything Money," sharing Gate's strategic layout in comprehensive financial services, global compliance, and financial innovation.Dr. Han highlighted the next-generation comprehensive financial service application Gate Money, explaining Gate's strategic upgrade from "One Gate, Trade Everything" to "One Gate, Everything Money." Gate Money aims to integrate diverse assets such as cash, cryptocurrencies, gold, stocks, and ETFs, combining AI-assisted asset allocation and payment services to create an integrated financial experience. Dr. Han specifically shared a case of purchasing coffee with Nvidia (NVDA) stock, showcasing the innovative direction of merging investment assets with everyday consumption scenarios.Additionally, Dr. Han emphasized that Gate insists on compliance and security as the foundation for development, with its physical compliance covering 81 jurisdictions and continuously expanding its global financial cooperation network. The event also featured institutional roundtable discussions and fireside chats for communication. This sharing further conveyed Gate's development philosophy based on compliance and security, driven by financial innovation, and showcased the platform's long-term vision of building a global comprehensive financial service ecosystem.Disclaimer: This event is for entertainment and social interaction purposes only. The content herein does not constitute any offer, solicitation, or recommendation. Users in the UK may not use Gate's services through Gate.com but may only use the services provided by Gate UK. Gate will not promote or provide products or services on its website Gate.com in any restricted areas (including the UK) and may restrict or prohibit users from restricted areas from using all or part of the services. For more information, please refer to the "User Agreement."
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