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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🔥 Gate #Brand# Strategy Major Upgrade
🌎 Launching our global domain Gate.com, alongside a brand-new logo!
🤩 With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
🟢 User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
🟢 Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
🟢 Global Compliance: One of the few crypto platforms legally operating across multiple regions.
🚀 Just
- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 📢 Gate Post Ambassador are Now Actively Recruiting! 🔥
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UAE Agriculture Authority bans crypto mining on farms
Those caught crypto mining on UAE farms face up to slashing of up to 10,000 dirhams, or about 2,722 USD.![]()
The agriculture authority in Abu Dhabi, United Arab Emirates (UAE) has introduced a new law banning crypto mining on farms intended for farmers
Abu Dhabi's Food and Agriculture Safety Authority has said that the farms cannot be used as crypto mining sites, which would be considered "farm abuse beyond use".
Moreover, those arrested for violating this regulation will face up to slashing of up to 10,000 UAE dirhams, worth about USD 2,722.
Cryptocurrency Mining is a common job for users to make money electronics by acting as transaction validators on blockchain networks.
Although crypto mining activity is prohibited on farms, the UAE has emerged as a jurisdiction that favors Bitcoin mining in the Middle East by 2023. At the time, data showed that the UAE's total Bitcoin of mining capacity was about 400 megawatts, equal to 4% of hashrate of Bitcoin's entire bridge.
Meanwhile, while the UAE is openly crypto-friendly, other Middle Eastern countries like Kuwait are less welcoming digital asset.
On July 18, Kuwait's main financial regulator, the Capital Market Authority (CMA), confirmed the "absolute prohibition" order for cryptocurrency uses, including crypto mining operations.
Despite the stance of many countries in the region, the UAE remains at the center of many projects focused on cryptocurrency development. In May alone, blockchain analytics firm Chainalysis and infrastructure provider Blockdaemon expanded operations into the UAE.
On May 8, Chainalysis established its regional headquarters in Dubai. The company has partnered with local government agencies and provided advice on developing regulations and enacting laws to drive innovation.
On May 13, Blockdaemon opened its new office in Abu Dhabi. The company said the expansion plan was approved by Abu Dhabi Global bridge Market, one of the country's financial regulators.
Crypto-native projects also believe that the UAE is very progressive when it comes to cryptocurrencies. In a previous interview, Chainlink co-founder Sergey Nazarov said that Dubai's government, regulators, legal system, and economy are attractive to the crypto space.
VIC Synthetic Crypto***