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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.
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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
Mode announced the launch of the Synth subnet on Bittensor, planning to launch an AI-based encryption asset price prediction system
On January 27, according to The Block, Mode, a Layer 2 project on Ethereum blockchain, announced the launch of a subnet called Synth on Bittensor, aimed at developing an AI-based encryption asset price prediction system. As a member of the Optimism Superchain ecosystem, Mode will provide infrastructure for AI-driven financial modeling through this subnet.
Mode co-founder James Ross said that Synth will use Bittensor's decentralized architecture to model asset price volatility. In the system design, 'miners' will generate 100 simulated price paths for Bitcoin every 5 minutes, and subnet validators will evaluate their accuracy based on historical data and reward miners with TAO tokens for outstanding performance.