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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
T-Mobile pays $33 million in compensation due to SIM card swapping vulnerability.
According to Gate.io News bot, as reported by Bitcoin.com, T-Mobile has been ordered to pay $33 million in a SIM card swapping vulnerability case. This is currently the highest compensation amount known in SIM swapping related cases.
The case originated from a security breach at T-Mobile that led to users falling victim to SIM swapping attacks, resulting in the loss of cryptocurrency assets. T-Mobile has completed the payment of all compensation, which includes $6.5 million in attorney fees, interest, and other costs. Currently, T-Mobile is seeking to seal the details of the case ruling.