No new notifications
More
Rise/fall colour
Start-End Time of the Change
- Topic
133k posts
79k posts
68k posts
59k posts
57k posts
50k posts
45k posts
45k posts
45k posts
- 10#MAGA#
44k posts
- Pin
- 🎆 New Year, New Luck! Join the Ultimate Lucky Draw Celebration!
🎉 Gate.io Community Honor Credits New Year Lucky Draw - Phase 6 is officially live!
Start the lucky draw now 👉 https://www.gate.io/activities/creditprize?now_period=6
🌟 How to Participate?
1️⃣ Go to the [Credits Center] in Gate Post and complete tasks like posting, commenting, and liking to earn Honor Credits.
2️⃣ Lower entry threshold: Earn 300 credits to get one entry into the lucky draw!
🎁 Enter the draw for a MacBook Air, exclusive merchandise, Points, Futures Voucher and more!
📅 Event Time: Dec 30, 2024, 07:00 AM - Jan
- 🔥 Gate Post Ambassador Exclusive Posting Task — Post Daily and Win Weekly $200 Reward Based on Post Quality Levels（2024/12/30-2025/1/5）!
👉 Post and share $200 rewards based on post quality levels!
Sign up now: https://www.gate.io/questionnaire/5673 (Ends at Dec. 30, 16:00 UTC)
If you not a Gate Post Ambassador, sign up now 👉 https://www.gate.io/questionnaire/4937
🎁 Reward:
1️⃣ S-Level Weekly Ranking Reward:
Complete daily posts for all 7 days of the week with an overall post quality score >90 to achieve S-Level.
Top 3 ambassadors with the highest-quality content will each receive $15 in
- 🔥 Join in Trading Popular Crypto Futures and Win an $8,888 Airdrop Reward!
How to Participate:
1️⃣ Click to register and select "Join Now."
2️⃣ Trade specified coins, accumulate 1,000 USDT to earn a $2-$10 reward!
🎯 Specified Coins: SOL, XRP, KOMA, SOON, SUI, LPT, etc.
🎈 Total prize pool of $8,888, first come, first served!
🎁 Join Now: https://www.gate.io/campaigns/299
- 🎄 #ChristmasWonderland# New User Exclusive Christmas Gift is Here!
🎖 Register and Join the Christmas Wonderland Adventure to Enjoy $50,000 in Rewards: https://www.gate.io/activities/christmas2024
👉 New Users Who Verify and Play Can Share the $20,000 Prize Pool
🎁 Claim Your Christmas Gift Now: https://www.gate.io/announcements/article/41692
#Christmas2024#
- 🔥 Join the "Suggested Topics Post & Discussion" Campaign to Win a share of $200 Weekly Rewards
🎁 Every week, we will select high-quality content from Hot posts and discussions under any of the Top 3 "Recommended Topics" to award users:
- High-quality post creators will receive $20 Points each
- High-quality discussion content creators will receive $10 worth of tokens
👉 How to Join:
1.Click "Moments" at the bottom of the Gate.io APP - click "Post" and then click "Square"
2.Click any top 3 "Suggested Topics"
3.Post: Publish a post under the topic and include the corresponding recommended top
Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy
Este artículo también está disponible en español.
Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%.
Related Reading
FET Teeters At Trendline: Will A Breakout Fuel A Run To $1.86?
16 hours ago
Friend.tech Loses Investors’ Trust
Over the weekend, crypto platform Friend.tech announced its decision to resign control over its smart contracts to avoid future changes. Friends.tech is a Social Finance (SocialFi) platform launched in 2023 that combines the principles of social media and Decentralized Finance (DeFi).
The project is a blockchain-based social platform built on Ethereum’s Layer-2 Base, offering users the potential to profit from content creation. The crypto platform allows creators to monetize their content by using tradeable tokenized shares, known as “Keys,” to access their exclusive publications and private chats.
On September 7, Friend.tech’s team revealed it had sent the admin and ownership of its smart contracts to Ethereum’s null address “to prevent any changes to their fees or functionality in the future.”
Per the post, the change won’t affect the “separate web client operated at friend.tech which will continue as is.” Additionally, fees from the smart contracts or the platform are not going to the developer team’s multisig.
Following the news, the project’s community shared their discontent, expressing their disbelief about the decision. A community member called the team’s recent actions “The best display of WORST LEADERSHIP ever in crypto history.”
Meanwhile, others questioned whether the decision was “the final nails in the coffin, or ribbons on a present?” Investor’s doubt was founded in May when the project’s airdrop presented several issues.
However, distrust was cemented when the platform announced it would build its blockchain, “Friendchain,” in June. After the backlash, Friend.tech announced it had abandoned the project in a now-deleted post. This decision dragged its token’s price down by over 35% in July.
Since the news dropped, FRIEND’s price decreased by 42%. The cryptocurrency plummeted from the $0.102 mark to the $0.0593 level over the weekend. On Monday morning, the crash drove the token’s price to its ATL of $0.0574, nearly a 98% drop from its all-time high (ATH) of $3.26.
As the token hit its lowest price, a crypto investor saw its investment nosedive over 95%. Blockchain research platform Spotonchain revealed that a whale had lost over $15 million on its FRIEND holdings.
Per the report, Taiwanese personality Machi Big Brother was a “hard-core bull” on the platform’s token. The whale was at nearly $16 million in realized and unrealized losses after spending around $18 million worth of ETH to acquire FRIEND tokens.
Machi bought 15.99 million FRIEND tokens between May 9 and August 13 at an average price of $1.125. The trader also accumulated FRIEND by providing liquidity on BunnySwap during this period.
Related Reading
Dogecoin (DOGE) Bulls Aim to Clear $0.10: Will It Happen?
23 hours ago
Machi’s remaining 11.1 million FRIEND tokens had a 94.5% unrealized loss, worth $11.4 million. At the time of the report, the whale’s holdings were worth around $689,000.
The cryptocurrency has recovered 32% from its ATL, briefly hitting the $0.09 mark earlier today, according to Coingecko data. As of this writing, FRIEND is trading at $0.0761, a 2.1% surge in the last 24 hours.