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- 🏆 Gate Wins “Best Crypto Exchange 2025”!
Gate has been awarded Best Crypto Exchange 2025 at the E-Business Awards by Entrepreneur Middle East, recognizing Gate’s achievements in security, compliance, and user trust.
Thank you to our global community — we’ll keep building a safer, more reliable crypto experience!
- Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
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Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
- Earning Growth Points can win an iPhone 16?
Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
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The Singapore court has approved the liquidation of the Multichain Foundation, with KPMG taking over the asset recovery operations.
According to the Gate.io News bot, Cointelegraph reported that the Singapore High Court has approved Sonic Labs' liquidation application against the Multichain Foundation and appointed KPMG as the liquidator.
This liquidation application is due to the 2023 Multichain hacker attack incident, which resulted in a loss of $210 million in assets. As former employees refused to cooperate with the investigation, Sonic Labs chose to resolve the matter through legal means.
KPMG, as the liquidator, will be responsible for recovering assets, and all recovered funds will be used to return to the affected users. It is worth noting that Multichain has ceased operations in 2024, and its CEO has been detained by the police.