Gate has officially launched Gate Layer, optimizing the GT token economy to accelerate the ecosystem's infrastructure upgrade.
On September 25th, the world's leading cryptocurrency exchange platform Gate announced the official launch of the new Layer 2 network named Gate Layer and simultaneously optimized the platform's native token GT's tokenomics.
Gate Layer is constructed on the industry-leading OP Stack to build a high-performance Layer 2 network, which is fully compatible with the Ethereum Virtual Machine (EVM). It is secured by GateChain as the main chain settlement layer to ensure security. Additionally, it enhances network stability through the GT staking mechanism.
In terms of performance, Gate Layer can support more than 5,700 transactions per second, with a block generation time of only 1 second and transaction fees being much lower than those of most existing Layer 2 networks. On the cross-chain side, it achieves multi-chain interoperability through LayerZero. In terms of ecosystem development, based on the "high-performance Layer 2 network" as the infrastructure foundation and aligning with the
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This year's largest stablecoin project, Plasma, goes live tonight. The team has a controversial history with a past rug pull incident.
On September 25th, according to official channels, this year's largest stablecoin project, Plasma (XPL), is set to conduct its TGE at 8 pm tonight and will be listed on mainstream exchanges like Binance at 9 pm.
Public information indicates that Plasma has gone through a total of 3 rounds of financing. The first two rounds were led by Bitfinex and Framework Ventures, and it also received a strategic investment from Peter Thiel's Founders Fund.
In addition, Plasma has also carried out 3 rounds of public sales. The first round of deposits opened on June 9th. It was initially capped at $500 million and sold out within 3 minutes. Subsequently, there was an emergency increase to $1 billion. During this period, there were even cases where whales paid $100,000 in gas fees to preempt deposit channels, causing a market stir.
Regarding the previously rumored close relationship with the stablecoin giant Tether, KOL CryptoUnchained once disclosed: The P
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Tether CEO: Tether is a "once-in-a-century company" with unlimited growth potential
On September 25th, Paolo Ardoino, the CEO of Tether, stated in a post that Tether is currently at the level of 0.25 (ranging from 0 to 100). From this point onward, Tether has infinite growth potential. There is a great deal more that can be disrupted through innovation. There is a great deal more that can be constructed. "That is why I often define Tether as a company that comes once in a century."
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Bithumb has added a Bitlayer (BTR) Korean Won trading pair.
On September 25th, as per an official declaration, Bithumb has included the Bitlayer (BTR) KRW trading pair. The trading is set to begin on Thursday, September 25th, at 3:00 PM in the local time.
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Cryptocurrency KOL Unipcs: ASTER's actual cost is 0.0922 USD, with current unrealized gains exceeding 7.1 million USD
On September 25th, in response to yesterday's on-chain analyst report stating that "Unipcs accumulated 3.241 million ASTER tokens, worth approximately 7.319 million US dollars," the crypto KOL Unipcs clarified that they had actually purchased 3,245,933.37 ASTER tokens as early as the 17th. The average cost of these tokens was 0.0922 US dollars. The token transfer was part of a "token consolidation process, with the majority of them being moved to a public wallet."
Unipcs also indicated that they had already widely shared this information in at least six different groups at an early stage of the trade. "I simply didn't share it on X because I grew tired of the complainers and whiners who would throw a tantrum, refuse to take responsibility for their own trades, and start crying when in need of help."
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