💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
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.