The price of Gate.io's token, GateToken (GT), has dropped by 10% due to heavy outflows from the exchange, with $148 million leaving the platform in just 24 hours.

Orbofi AI is a platform that uses artificial intelligence to create customized content for Web3 platforms, games, and online communities. It enables individuals to produce AI-generated resources and models that can be tokenized and exchanged for cryptocurrencies.

Big Eyes, the cat-themed network, is set to become a hot asset as it nears its launch on Gate. io and MEXC. The presale for Big Eyes, which will end on June 3rd, has already raised an impressive $35 million. The token will first be launched on Uniswap before making its way to top centralized exchanges.

May 6 (Cointime) - Gate.io will be upgrading and optimizing its spot trading engine on May 6, 2023, from 14:05 to 14:20 UTC. The upgrade will take about 15 minutes, during which partial service of spot trading will be unavailable. There may be trading and query interruptions, both less than one second. All spot trading pairs will be affected. The upgrade aims to improve performance and deliver better trading service to users. Affected traders and API users are advised to adjust their strategies beforehand.

April 22 (Cointime) - Playbux, a blockchain-based e-commerce metaverse platform, has announced the completion of its $2 million seed funding round. The round was led by Binance Labs, with participation from Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR.

Playbux has a vision of becoming the world's most accessible metaverse and is the first metaverse platform to have a Shop & Earn system.

Ukrainian regulators have announced their intention to adopt the Markets in Crypto-Assets (MiCA) regulation, which was recently passed by the European Parliament.

Playbux, a blockchain-based e-commerce metaverse platform, has closed a $2 million seed funding round led by Binance Labs with participation from Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet and OFR.

Gate.io has confirmed that it is applying for multiple licenses with the Securities and Futures Commission (SFC) in Hong Kong through its Hong Kong entity, Gate Digital Limited. The licenses include a virtual asset service provider (VASP) license, as well as licenses for dealing in securities and providing automated trading services for security tokens. The move is aimed at improving trust and confidence among its customers while maintaining compliance with regulations.

Gate.io, a cryptocurrency exchange, has suspended the deposit and withdrawal of SafeMoon (SFM) after the token's smart contract was attacked.