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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward - 🎉 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 - 💙 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
SoFi Launches Low-Cost Global Remittances Using Bitcoin Lightning Network
Nasdaq-listed SoFi has partnered with Lightspark to launch a new international remittance service powered by the Bitcoin Lightning Network.
The service is going live later this year. It will allow SoFi members to send money abroad directly from the SoFi app, offering faster, cheaper, and more convenient service than traditional providers.
Bitcoin in the Backend, Dollars in the Front
At the core of SoFi’s new service is Lightspark’s Universal Money Address (UMA). This protocol enables users to send and receive funds using human-readable identifiers, similar to email addresses.
This initiative puts SoFi among the first banks in the U.S. to offer blockchain-powered remittances directly within its native app. The company aims to undercut traditional remittance giants with below-average total fees and a transparent cost structure. Users will be able to see exchange rates and fees upfront before confirming a transaction.
Initial Rollout Begins with Mexico
Notably, SoFi’s international transfers will initially support payments to Mexico, with plans to include additional countries over time. Per the announcement, this phased rollout is to ensure the service remains secure, stable, and scalable as demand grows.
The remittance feature will be integrated into SoFi Checking & Savings, offered through SoFi Bank, N.A., and will be available 24/7.
Lightspark Brings Lightning to the Masses
The partnership marks a major real-world deployment of Lightspark’s Bitcoin Lightning Network infrastructure. CEO David Marcus, a former PayPal and Meta executive, said UMA’s integration with SoFi enables fast, low-cost, and secure global dollar transfers, powered by Bitcoin, which he calls the world’s only open payments network.
Cross-border payments account for hundreds of billions in annual volume, yet many legacy providers still charge high fees. Meanwhile, crypto integrations like this are introducing much-needed competition and innovation to the space.
SoFi members can sign up for early access to the remittance feature, which will roll out to all Checking & Savings users later in 2025.