PANews reported on February 9th that, according to an official announcement, Gate.com will launch a "Win $50,000 in Red Packet Rain by Posting in the Year of the Horse" Lunar New Year event from 5:00 PM on February 9th to midnight on February 23rd (UTC+8). During the event, users can randomly receive red packet rewards by posting on Gate.com. New users are guaranteed to receive a red packet on their first post. Rewards include GT (Gold Coins) and portfolio trial vouchers, with a maximum of 28 GT per post. Additionally, one lucky winner will be selected to receive 50 GT and a Gate.com Lunar New Year gift box. In addition, the event includes a New Year Creator Challenge, where users can participate by posting with the hashtag #I'mCelebratingNewYearOnGateSquare. The total score is calculated based on the number of posts, the number of days of posting, and the amount of interaction. The top 30 will receive a Gate VIP camping tent set, a Gate Inter Milan official jersey, a Gate VIP exclusive travel set, and popular token rewards. An additional 50 outstanding creators will be randomly selected to receive Gate × Red Bull merchandise.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more