📢 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
Shenzhen warns about illegal fundraising programs related to stablecoin
In Shenzhen, the Special Office for the Prevention and Control of Illegal Financial Activities has issued a warning about the abuse of stablecoins for illegal fundraising, posing risks to the financial system. Authorities advise the public to be cautious and stay updated on investment opportunities.
The task force emphasizes that illegal fundraising using stablecoins could impact economic order and public safety. They urge reporting any plans related to cryptocurrencies and avoiding unrealistic promises.
Industry experts also call for clear regulations to distinguish legitimate innovations from criminal activities. Jordan Wain from Chainalysis emphasizes that stablecoins are the most common type of cryptocurrency crime and that a better legal framework is needed to mitigate risks.