📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
UK Crypto Assets platform Ziglu enters special regulatory period
Gate News bot message, the UK crypto assets platform Ziglu (founded by Mark Hipperson) has announced bankruptcy and entered special administration. On July 7, after Ziglu reported losses of up to £24 million (including £4 million lost due to the collapse of Celsius Network), RSM Restructuring Advisory was appointed as the court administrator.
The UK Financial Conduct Authority (FCA) intervened, leading to the closure and freezing of customer funds since June 13, with customers unable to withdraw or use their assets without deposit insurance plan protection. The public has reacted extremely negatively to this, with many customers expressing frustration. The current situation highlights the necessity of regulating struggling Crypto Assets companies.