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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
Share Alpha trading screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Gate Alpha 3rd Points Carnival Issue 10 is in full swing!
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Learn more: https://www.gate.com/campaigns/1522alpha?pid=KOL&ch=5J261cdf
- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
💰 Total reserves reached $10.504 billion
📈 Reserve ratio stands at 126.03%
✅ Covers over 350 types of user assets
🔼 Surplus reserves increased 10.66% to $2.17 billion
Committed to transparency and user fund security.
📎 Learn more: https://www.gate.com/proof-of-reserves
- 📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Attackers manipulated Token prices, stealing over 9 million dollars from the Resupply stablecoin protocol.
According to Gate News bot, The Block reported that security analysts stated that the stablecoin protocol Resupply was exploited to obtain approximately $9.5 million through exchange rate manipulation. Resupply is a stablecoin protocol that utilizes liquidity and stability in the lending market.
The core of this vulnerability is cvcrvUSD, which is a wrapped version of Curve USD (crvUSD) staked in Convex Finance. Analysts state that the attacker artificially inflated the price of cvcrvUSD through donations, causing its stock price to soar.
The smart contract ResupplyPair (CurveLend: crvUSD/wstUSR) of Resupply uses this inflated cvcrvUSD price in its exchange rate calculation. Security company PeckShield stated that this led to a sharp decline in the exchange rate.
The attackers exploited this price distortion and invoked the lending function in the ResupplyPair contract. This allowed them to borrow 10 million reUSD (the native stablecoin of Resupply) using only 1 wei of cvcrvUSD as collateral.
PeckShield founder and CEO Xuxian Jiang stated: "The hacker exploited the cvcrvUSD vault, borrowing reUSD worth $10 million with just 1 wei of stock as collateral."
Analysts added that the attacker would subsequently convert the borrowed reUSD into other assets on external markets for profit.
Resupply confirmed the vulnerability and stated that the affected contracts have been identified and suspended.