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Gate Surpasses 30 Million Global Users, Accelerating Its Rise as the Next-Generation Crypto Exchange
Gate Surpasses 30 Million Global Users, Accelerating Its Rise as the Next-Generation Crypto Exchange

Business Upturn

time2 days ago

  • Business
  • Business Upturn

Gate Surpasses 30 Million Global Users, Accelerating Its Rise as the Next-Generation Crypto Exchange

PANAMA CITY, July 01, 2025 (GLOBE NEWSWIRE) — Gate , a globally leading cryptocurrency trading platform, has officially surpassed 30 million registered users, marking a new milestone in its global expansion. This remarkable achievement underscores the platform's growing influence across international markets and highlights the progress Gate has made in strategic transformation, brand upgrade, and ecosystem development. Ushering in the '30 Million+' Era: Unlocking Network Effects Across the Ecosystem Behind this threshold of the 30 million user base is the steady implementation of Gate's international strategy and the continuous enhancement of its product suite, technical foundation, security framework, and brand recognition. In an industry where the competitive landscape is rapidly evolving, a consistently expanding user base stands as a critical measure of platform vitality and market trust. This expanding global community significantly strengthens Gate's liquidity and trading depth, while laying a solid foundation for the sustainable growth of its broader ecosystem, fueling a strong and self-reinforcing network effect across products and services. Impressive Operational Momentum: Spot and Futures Drive Dual Growth According to Gate's May 2025 Transparency Report, the platform continues to post robust growth in both trading activity and ecosystem expansion. Spot and futures trading volumes have seen simultaneous surges, with Gate's derivatives products now ranking among the industry's top-tier experiences. Daily trading volumes are hovering at historical highs. Currently, Gate ranks second globally in 24-hour spot trading volume, with its token liquidity and trading breadth consistently in the top three worldwide. Derivatives have become one of the platform's strongest growth engines, with users actively engaging in leveraged and strategy-based trading. Meanwhile, flagship product lines including Launchpad, Gate Alpha, Launchpool, HODLer Airdrop and CandyDrop have delivered outstanding performance, significantly enhancing user engagement and capital activity across the platform. A Renewed Brand Vision: Entering a New Strategic Chapter In May, Gate celebrated its 12th anniversary by unveiling a brand-new vision as the 'next-generation crypto exchange.' The platform officially adopted the new global domain and introduced an updated logo, marking its transformation from a market leader to an industry trailblazer and enhancing its global brand visibility. On the compliance front, Gate continues to strengthen its global regulatory framework. Its entity Gate Technology FZE has officially obtained a VASP license under the supervision of the Dubai Virtual Assets Regulatory Authority (VARA), reinforcing the platform's regulatory foundation in the Middle East and broader international markets. Building User Trust: A Relentless Commitment to Security and Transparency Gate remains an industry leader in asset security and reserve transparency. As of June 2025, Gate holds a total reserve value of $10.453 billion, with a reserve ratio of 123.09%. The platform's reserves fully cover user assets across 350+ cryptocurrencies, with $1.96 billion in excess reserves, far exceeding industry benchmarks. Gate's rigorous proof-of-reserves practices and cutting-edge security technologies continue to solidify user trust and lay a robust foundation for long-term, sustainable growth. Looking Ahead: Driving Innovation and Shaping the Future of Crypto As Gate moves into its next chapter, it will continue enhancing the on-chain trading experience, expanding forward-looking Web3 infrastructure services, and exploring innovative intersections between AI and crypto technologies. At the same time, Gate will deepen collaboration with global users, developers, and institutional partners, co-creating an open, transparent, and resilient next-generation digital asset ecosystem. Gate remains committed to opening the gateway to a smarter, safer, and more inclusive crypto future for users around the world. About Gate Gate, founded in 2013 by Dr. Han, is one of the world's earliest cryptocurrency exchanges. The platform serves over 30 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 . This content is provided by Gate. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash

Little Pepe (LILPEPE) price prediction: One-of-a-kind utility-backed meme coin to invest in for 2025
Little Pepe (LILPEPE) price prediction: One-of-a-kind utility-backed meme coin to invest in for 2025

Time of India

time24-06-2025

  • Business
  • Time of India

Little Pepe (LILPEPE) price prediction: One-of-a-kind utility-backed meme coin to invest in for 2025

Little Pepe (LILPEPE) is proving its potential, blending meme magic with real utility. With the second stage of its presale now fully sold out, Little Pepe (LILPEPE) has confidently stepped into Stage 3 at $0.0012, marking a 20% increase from its Stage 1 price of $0.001. With a confirmed listing price of $0.003, investors at this stage are already eyeing a 2.5x result on launch day alone. With strong community momentum, roadmap rollouts, and rising utility, conservative projections place Little Pepe (LILPEPE) at $0.1 soon after launch, while bullish models point to highs of $1 by year-end. 2025 could be the year Little Pepe (LILPEPE) becomes a legend in the market. Little Pepe (LILPEPE) Presale Crosses $1.3M as Stage Three Launches Early Little Pepe (LILPEPE) has surpassed $1,372,958 raised in its presale and sold out 1,289,964,641 tokens, moving into Stage Three ahead of schedule. Stage One closed in just three days after hitting its $500,000 goal, and demand has only increased since then. With tokens now priced at $0.0012, early participants are already seeing a 2.5x increase based on the confirmed $0.003 exchange listing. CLICK HERE TO BUY $LILPEPE Built with Purpose, Not Just Hype What sets Little Pepe (LILPEPE) apart is the tech under the hood. It operates on a custom Layer 2 blockchain designed for speed and affordability, helping it avoid the typical slowdowns and high costs seen on older networks. This setup is especially helpful during periods of heavy trading. One standout feature is its bot protection system, which helps ensure that real users get fair access during token launches. It's a rare but welcome move that's gaining attention among analysts and retail buyers alike. The team behind Little Pepe (LILPEPE) brings experience from past high-profile projects, further boosting confidence. Stronger Forecasts as Presale Gains Momentum With interest continuing to rise, some analysts are now estimating that Little Pepe (LILPEPE) could zoom past 100x returns after launch. Stage Three participants are already positioned for early gains, and the project's growing traction is keeping it in focus. Technology That Supports Growth Little Pepe (LILPEPE) is designed for efficiency and long-term utility. The Layer 2 setup ensures fast and inexpensive transactions, while the built-in protection tools add a level of fairness that many feel is missing from other projects. Some forecasts now project a post-launch price of up to $0.1 to $1. Fueling a Creator-Led Ecosystem The upcoming Launchpad is another major step. It will allow users to build and launch their own tokens on the Little Pepe (LILPEPE) network without needing advanced technical skills. This opens the door to a wider community of creators and new projects. A recent audit gave the platform a solid trust score of 81.75, helping to build investor confidence through transparency and accountability. $777,000 Giveaway Adds to the Excitement To mark the strong start, Little Pepe (LILPEPE) has announced a $777,000 giveaway. Ten participants will each receive $77,000 worth of LILPEPE tokens, adding to the buzz and drawing even more attention to the presale's success. Little Pepe (LILPEPE) is emerging as a breakout meme coin with real-world utility, already raising over $1.37 million and advancing to Stage 3 at $0.0012. With a confirmed listing price of $0.003, early buyers stand to gain 2.5x returns at launch, with bullish projections exceeding 100x in 2025. Backed by a custom Layer 2 blockchain, bot protection, and a $777,000 giveaway, LILPEPE is proving to be more than just hype. Secure your spot early, before the next price jump. For more information about Little Pepe (LILPEPE) visit the links below: Website: Whitepaper: Telegram: Twitter/X:

In partnership with UAE Ministry of Economy, UAE Independent Climate Change Accelerators presents 10 finalists at Launchpad's Circular Economy Cycle event
In partnership with UAE Ministry of Economy, UAE Independent Climate Change Accelerators presents 10 finalists at Launchpad's Circular Economy Cycle event

Al Etihad

time19-06-2025

  • Business
  • Al Etihad

In partnership with UAE Ministry of Economy, UAE Independent Climate Change Accelerators presents 10 finalists at Launchpad's Circular Economy Cycle event

19 June 2025 13:19 ABU DHABI (ALETIHAD)Ten climate tech start-ups have presented pioneering circular economy solutions at the showcase event for the latest Circular Economy Cycle of the Launchpad, hosted in partnership with the Ministry of Economy by UAE Independent Climate Change Accelerators (UICCA).The UICCA Launchpad is designed to fast-track the growth of climate tech start-ups by providing access to funding, market opportunities, mentorship, and policy guidance. Each cycle targets a critical area of climate action, with this edition dedicated to advancing circular economy solutions that eliminate or repurpose waste across key sectors, such as food, water, energy, and ten participating companies were selected from over 150 global applicants based on the potential of their climate technologies. These include solutions in decentralised composting, textile upcycling, critical minerals recovery, industrial reuse, food waste management, and circular desalination. The showcase marked the culmination of an intensive three-month accelerator, during which the participants received expert mentorship, training, and stakeholder engagement opportunities intended to help them scale their solutions in the and CEO of UICCA, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, said, 'True circularity challenges us to fundamentally rethink how our economy is designed, not just to reduce waste, but to regenerate systems and create lasting value. Through the UICCA Launchpad, we are backing the innovators who are turning this vision into reality. Their work is not only transforming industries but laying the groundwork for a future where sustainability and growth go hand in hand. Partnering with the Ministry of Economy allows us to amplify this impact and build the enabling environment needed for these solutions to thrive.'Assistant Undersecretary for Policies and Economic Studies Sector at the Ministry of Economy, Her Excellency Maria Hanif Alqassim, said, 'The Ministry of Economy is proud to serve as the official government partner of the UICCA Circular Economy Launchpad Programme. This initiative reflects the values we champion: cross-sector collaboration, support for scalable innovation, and the advancement of sustainable economic models. By uniting entrepreneurs, investors, regulators, and industry leaders, the programme aims to reshape our economic systems to be restorative by design. We look forward to working closely with UICCA, the private sector, and all stakeholders to turn this vision into reality.'The Circular Economy Cycle finalists included: Altera, Cauli, Circa Biotech, Desolenator, Excess Material Exchange, Food with Benefits, Novasensa, Terrax, The Waste Lab, and Yellow Octopus: Circular Solutions. These companies delivered live presentations to an audience of investors, policy stakeholders, and sustainability leaders from across the UAE. The UICCA Launchpad will continue with upcoming cycles focused on carbon solutions and climate adaptation, continuing to support the UAE's growth as a global hub for climate innovation.

Free picnic with food boxes for more than 100 people in Exmouth
Free picnic with food boxes for more than 100 people in Exmouth

Yahoo

time10-06-2025

  • General
  • Yahoo

Free picnic with food boxes for more than 100 people in Exmouth

Exmouth Hope Church is throwing a free community picnic in Phear Park. On Saturday, June 14, more than 100 people who register will receive free individual picnic boxes, with food provided by Launchpad in Budleigh Salterton. The church has invited people to join them to explore questions about life and faith. The church believes that 'the Christian faith is all about a loving God rescuing a broken world through the life, death, and resurrection of Jesus'. The church said its mission is to bring the "good news of Jesus and love of God" to the local community.

Canonical Ends Bazaar Hosting on Launchpad
Canonical Ends Bazaar Hosting on Launchpad

Arabian Post

time09-06-2025

  • Business
  • Arabian Post

Canonical Ends Bazaar Hosting on Launchpad

Canonical will cease all Bazaar code hosting on its Launchpad platform in two stages, culminating on 1 September 2025. The legacy version control system, once the backbone of many Ubuntu-related projects, will see its web interface retired soon, followed by full removal of backend functionality. Users of Bazaar, including developers relying on Ubuntu Engineering, must migrate to Git or other supported systems ahead of the deadline to preserve continuity. Bazaar, created by Martin Pool and sponsored by Canonical, never matched Git in popularity. With its last stable release in 2016, it gradually lost traction among open‑source communities. Today, Git has become the standard, hosting the vast majority of collaborative software development activity. Canonical itself acknowledged that maintaining Bazaar consumed significant development, operational, and infrastructure resources, resources now better allocated to modernising Ubuntu and Launchpad. Launchpad's rollback of Bazaar support will begin with the immediate shutdown of the Loggerhead web frontend, used for browsing Bazaar code repositories. Canonical cited declining legitimate traffic, with much of the web interface usage now coming from scrapers and automated bots. At this stage, developers will still be able to interact with repositories via command‑line tools, with pushes, pulls, and merges unaffected. The second phase, starting 1 September 2025, will eliminate the Bazaar backend entirely. After this date, Launchpad will no longer host Bazaar repositories, meaning developers cannot push, pull, merge, or browse code via Bazaar. Canonical has urged all users to migrate their code before this shutdown to avoid service disruption. ADVERTISEMENT Migration instructions have been made available on Ubuntu's Discourse platform and Launchpad's documentation site. The recommended method relies on native Bazaar‑to‑Git interop, using tools like 'brz push' that convert Bazaar revisions into Git history. Users have reported this process to be slower but more reliable than older export‑import methods. Not all Bazaar users are fluent with Git. In community discussions, one long‑time developer lamented that 'I love the simplicity of bazaar/launchpad… I really do not get git.' Another emphasised the invaluable contributions of Jezmer Vernooij, the maintainer of the Breezy fork, describing him as 'probably the most tangible act of generosity that can be made among strangers in the open source world'. Ubuntu and Launchpad gained prominence through Bazaar because it was once the only version control system supported for packaging and PPAs. Over time, Git's features, performance, branching model, and ecosystem—spanning GitHub, GitLab, and Bitbucket—made it the clear choice for modern development. Canonical highlighted its decision to deprecate Bazaar as part of its broader effort to modernise development workflows. By reallocating resources from maintaining outdated infrastructure like Bazaar, Canonical intends to better support Ubuntu's core development and implement improvements to Launchpad as a whole. Despite the shift, Bazaar will not disappear entirely from the world of open source. Users who wish to continue using Bazaar beyond Launchpad's support cutoff can host their repositories with services like GNU Savannah, which remains committed to Bazaar support. Breezy, the active fork of Bazaar, will also continue to receive maintenance, ensuring the version control system endures for those who prefer it. ADVERTISEMENT The discontinuation of Bazaar on Launchpad marks a significant moment in the history of Ubuntu's development tools. Once tightly integrated into canonical workflows for building DEBs, PPAs, snaps and Ubuntu itself, Bazaar's sundering from Launchpad symbolises the retreat of niche VCS in favour of universally supported tools. It speaks to broader shifts in software development culture, aligning Ubuntu with prevailing industry practices centred on Git. Canonical has emphasized that Ubuntu Engineering will receive migration support, and developers with unique needs are encouraged to reach out via Launchpad's feedback channels or Matrix. The company aims to collaborate closely to remove reliance on Bazaar-specific integrations used in Ubuntu's engineering systems. As the 1 September deadline approaches, developers must act swiftly to export their repositories. Migrating preserves their revision histories, branches, and tags, ensuring continued project development. Those who delay risk losing remote access to their code and may face complex manual recovery efforts after Bazaar support ends. Bazaar's sunset also underscores the dominance of Git in open‑source workflows. According to the 2024 Stack Overflow developer survey, approximately 98 per cent of developers use Git, everyone from hobbyists to large enterprises. Git's extensive ecosystem of CI/CD tools, integrations, and community support has entrenched it as the developer standard. Despite familiarity with Bazaar among legacy projects, the broader open‑source ecosystem has migrated towards Git. Organisations seeking to maintain compatibility with the wider community, attract contributors, and leverage automated development pipelines will find Git essential. Enterprises relying on Bazaar must reevaluate their infrastructure and workflows to align with this reality. Canonical's decision reflects both pragmatic resource allocation and alignment with community norms. By removing Bazaar support, it simplifies the development stack, reduces maintenance burden, and clarifies the path forward for Ubuntu's development ecosystem. While the transition brings uncertainty for long‑time Bazaar users, structured migration pathways and continued community support via Breezy and alternative hosts offer continuity. This move also signals potential future efforts by Canonical to deprecate other legacy services on Launchpad, focusing the platform on components with active developer and user bases. By streamlining services, Canonical may enhance Launchpad's relevance in contemporary software engineering workflows.

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