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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 4 winners split $100 Futures Voucher! - 📢 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 - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Hong Kong Regulator Tightens Custody Standards for Crypto Exchanges Amid Global Risks
Hong Kong’s Securities and Futures Commission (SFC) has issued new guidance for licensed virtual asset trading platforms (VATPs), mandating stronger custody measures to safeguard client assets. The move comes as part of the city’s broader strategy to enhance crypto infrastructure and investor protection.
New Rules to Address Custody Vulnerabilities
In a statement released Friday, the SFC urged VATPs to critically review their asset custody practices following a series of overseas incidents that revealed weaknesses in security protocols and led to substantial client losses. A targeted review conducted earlier this year by the regulator uncovered gaps in some platforms’ defenses against cyber threats.
The updated standards outline clear expectations in areas including senior management accountability, the design and operation of cold wallet systems, oversight of third-party wallet providers, and the implementation of real-time threat monitoring systems. The SFC noted that these requirements take immediate effect and will form the basis of its expectations for all virtual asset custodians moving forward.
Responding to Rising Cybersecurity Threats
The regulatory push follows a surge in crypto-related security breaches. According to blockchain security firm PeckShield, July saw an estimated $142 million in losses from hacks — a 27% increase from the previous month.
While mainland China continues to enforce a strict ban on crypto trading and mining, Hong Kong has positioned itself as a hub for digital asset businesses. The city has rolled out a licensing regime for exchanges and, as of August 1, a separate licensing framework for stablecoin issuers.
By tightening custody standards, the SFC aims to create a more secure and trusted environment for virtual asset trading, aligning its policies with global efforts to reduce risks in the fast-evolving digital asset sector.