New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Report: By 2025, crypto billionaires will be among the biggest losers
On January 1, Bloomberg Billionaires Index showed that, influenced by factors such as the October “flash crash” in the crypto market, several well-known figures in the crypto industry suffered heavy losses in 2025. Strategy Executive Chairman Michael Saylor’s assets shrank by $2.6 billion over the past 12 months, with his net worth dropping to $3.8 billion. Bloomberg pointed out that Strategy’s Bitcoin treasury strategy delivered substantial returns before Bitcoin hit a new high in early October, but the subsequent decline in Bitcoin’s price caused Strategy’s stock price to fall more than half from its peak, and Saylor’s net assets decreased by nearly $6 billion from the peak. Additionally, CEX co-founders Cameron and Tyler Winklevoss, as well as CZ, also experienced significant asset losses due to the sharp downturn in the crypto market in October. Bloomberg stated that CZ’s net assets have decreased by about 5% (approximately $50.9 billion) since January 1, 2025, while the Winklevoss brothers’ assets shrank by 59% during the same period. Despite this, Bloomberg also noted that the global billionaire wealth increased by approximately $2.2 trillion in 2025, with 8 individuals contributing about 25% of the growth, but overall performance of crypto industry figures lagged significantly. In contrast, Circle CEO Jeremy Allaire’s net assets have increased by about 149% since June 4, benefiting from the U.S. passing the “GENIUS Act” related to stablecoin payments.