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Gate.io threatens legal action against rumor-mongers

Centralized crypto exchange Gate.io has threatened legal action in response to rumors of imminent bankruptcy. Crypto community members have been speculating since May about a possible connection between Gate.io and the troubled cross-chain protocol Multichain."Legal proceedings will be initiated against people who cause panic among investors only with rumors and

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Gate.io denies liquidity problems after Multichain CEO goes missing

Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The statement comes after numerous Twitter channels had alleged that the exchange was experiencing insolvency due to an alleged connection between it and the cross-chain router

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Gate.io to list Mintlayer, a layer-2 platform bringing DeFi to Bitcoin

Gate.io, one of the leading cryptocurrency exchanges supporting over 1,400 coins and stablecoins, will list Mintlayer’s ML token from Mar. 21, 2023.  Mintlayer is a layer-2 solution that opens Bitcoin to decentralized finance (DeFi) and more. Users can autonomously swap bitcoin (BTC), through automatic swaps, for other tokens minted on the

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Gate.io Launches Visa Crypto Debit Card in Europe amid Mainstream Crypto Adoption

The parent company of Gate.io has partnered with electronic payment facilitator Visa to introduce a crypto card to users in Europe.  Crypto exchange Gate.io is launching a crypto debit card, in conjunction with payment processing giant Visa (NYSE: V), for European users. According to reports, Gate.io’s parent company Gate Group plans

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Gate.io closer to launching US services after receiving local licenses

Gate US, the United States arm of the fourth largest cryptocurrency exchange by trading volume, Gate.io says it has received operating licenses in “several” states, bringing it closer to launching services in the country. Founder and president of Gate.io and its U.S. entity, Dr. Lin Han, announced in a Dec.

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Gate.io experiences slowdown in deposits and withdrawals due to node maintenance

Users of the crypto exchange Gate.io are facing slow deposits and withdrawals on transactions due to a node maintenance from a third-party cloud provider, according to an announcement on Dec. 18. Gate.io said the transactions are still being processed, and claimed the funds of users are safe. The company stated:"At this

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Gate.io pledges $100M to revive crypto and rebuild investor confidence

In a move to tone down the negative impacts of a bear market and ecosystem collapses, crypto exchange Gate.io launched an industry liquidity support fund with an initial commitment of $100 million.With investors moving their funds away from exchanges into self-custody, market liquidy concerns are an immediate threat to struggling

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