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Gate.io Launches INIT Perpetual Contract Pre-trading

2025.04.16 13:18:01

On April 16th, according to official information, Gate.io has now initiated pre-market trading of INIT perpetual contracts (settled in USDT), with support for leverage ranging from 1 to 10 times.
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Spot Silver Slides Again, Falls Below $94 Per Ounce

January 31st: Per Bitget market data, spot silver fell again, breaking below $94 per ounce with an 18.62% intraday drop.

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CZ: No system can maintain 100% uptime. All affected users have been duly compensated by Binance

Binance founder Changpeng Zhao (CZ) addressed recent market FUD in an AMA on January 31, stating: "Some users claimed the sharp market drop was tied to a system issue. From what I can tell, Binance did experience performance glitches during peak hours. All affected users have already received proper compensation from the exchange, I believe. Binance has gone above and beyond to support its users. That said, no technology is infallible—no website or exchange can guarantee 100% uptime. Internet outages, Cloudflare issues, even X (Twitter) downtime happen to every platform. If your trading strategy relies on everything always working perfectly, any breakdown in the chain will lead to losses, which probably means you’re taking on too much risk. While Binance’s user terms explicitly note such incidents may occur and the platform isn’t liable, the exchange has still compensated affected users well—even though it wasn’t required to. Additionally, many users with no connection to the

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CZ: Personal wealth does not come from selling user assets, has not cashed out company equity, and has not sold any crypto holdings

On January 31, Binance founder Changpeng Zhao (CZ) addressed online allegations during an AMA session. Some bizarre claims have circulated, such as: “With a net worth of $92 billion, did you sell off all user assets? Did you cash out cryptocurrency to amass that $92 billion?” CZ clarified the $92 billion figure comes from Forbes’ valuation, noting a Forbes net worth estimate does not equal actual cash in hand. “I haven’t cashed out any company stock, nor sold cryptocurrency for fiat,” he stated. “I have no intention of doing so, and I don’t want to hold fiat—including stablecoins; I believe they’ll lose value over the long term. I prefer holding BTC, BNB, and other cryptocurrencies.” He concluded the accusations are unfounded.

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Senate Democratic Leader: DOJ Must Withdraw Charges Against Powell or GOP 'Absolutely Cannot' Advance Walsh's Nomination

On January 31, Senate Democratic Leader Chuck Schumer said Republicans "absolutely cannot" move forward with Wash's nomination if the Department of Justice (DOJ) does not drop the charges against Powell.

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CZ's Response to FUD: 10/11 Flash Crash Not Caused by Binance System or Operational Issue, Binance is Regulated and Constrained from Any Wrongdoing操作

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Federal Reserve Governor Milan: Raskin Will Succeed Me on Federal Reserve Board

On January 31, Federal Reserve Governor Milan stated: "I expect Wash will take my seat on the Federal Reserve Board. Wash is a great choice." (FX168)

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