🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Jinse Finance reported that Martin J. Gruenberg, chairman of the US Federal Deposit Insurance Corporation (FDIC), said that poor management was the root cause of Signature Bank's failure, and failure to understand the risks associated with cryptocurrencies accelerated its collapse. In addition, the bank failed to understand the risks associated with and reliance on deposits in the crypto industry, and its vulnerability to the contagion of crypto industry turmoil that occurred in late 2022 and into 2023.
The failures of SVB and Signature Bank resulted in losses of $16.1 billion and $2.4 billion, respectively, Gruenberg said. Banks with assets of $100 billion or more deserve special attention, including consideration of long-term debt requirements to facilitate an orderly resolution.