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- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
📢 Follow Dr.Han and like or comment on his latest post for a chance to win!
👉 Post: https://www.gate.com/post/status/11966645
👉 Profile: https://www.gate.com/profile/Dr_Han
🎁 Giveaway Alert:
We’ll randomly select 10 lucky users from those who follow + like/comment to receive a limited-edition Gate T-shirt — the same style worn by Dr.Han!
(If shipping is unavailable in your region, a $50 Futures Voucher will be provided instead.)
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
Share Alpha trading highlights screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Don’t forget—the main Alpha Points Carnival prize pool is up to $1,000,000!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/announcements/article/45908
- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
- #GateSquareGiveaway# - Spot the Differences 👀
GM ☕ Our frog friend has two slightly different mornings—can you find all the changes?
💰 $10 Futures Voucher * 5 winners
To join:
🔹Follow Gate_Square
🔹Like this post and drop your answer in the comments
📅 Ends at 16:00 PM, July 7 (UTC)
The stablecoin protocol Resupply proposed to destroy 6 million reUSD after being hacked for 10 million USD.
Gate News bot message, the DeFi protocol Resupply has proposed to destroy 6 million reUSD tokens in its insurance pool as part of the recovery plan.
Resupply is a stablecoin protocol that utilizes liquidity from the lending market, which was attacked earlier this week, resulting in a loss of approximately 10 million USD.
According to the event analysis report released by Resupply on June 28, the attacker manipulated the price of the crvUSD-wstUSR trading pair on the platform, specifically by exploiting edge cases in the oracle and exchange rate calculations to attack the platform's solvency checks.
Since the self-attack occurred, the protocol has suspended the affected trading pairs and temporarily prevented assets from leaving the insurance pool. The insurance pool is a safety net that protects borrowers and maintains the stability of the protocol.
"The stolen funds are still on the chain," Resupply stated in the incident analysis report. "We are monitoring the situation and taking necessary measures."
The recovery proposal of the protocol states that in order to offset the stolen 10 million Tokens, the Resupply treasury has paid out over 2.86 million reUSD Tokens, leaving 7.13 million reUSD in unpaid bad debt.
The latest recovery plan proposes to destroy 6 million reUSD bad debts through the insurance pool, accounting for approximately 15.5% of the total amount of reUSD tokens in the pool.