According to the analysis by blockchain analyst Yu Jin, in the past hour, hackers of Orbit Chain transferred 4,000 ETH to a new address, and then laundered these ETH through Tornado cash. Orbit Chain lost assets worth $81.5M (stablecoins/WBTC/ETH) on January 1st due to hacking. The hackers exchanged some stablecoins and WBTC for 17,250 ETH at an average price of $2,301.

‍ #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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📢 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