📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
🚨 FTX confirms the third refund, will $1.9 be reinvested into the market or cashed out?
📌 FTX has been approved by the Delaware court to disburse an additional $1.9B to creditors across 3 groups:
- Class 5: depositors on the exchange
- Class 6: unsecured creditors
- Convenience Class: requires under $50K
📌 After FTX has repaid $1.2B ( tranche 1) and $5B ( tranche 2), the third tranche is expected to begin refunds on 30/09. Right after the Fed lowers interest rates.
📌 The likelihood of this cash flow reversing back into the market is quite high as the market is extremely active.