GateToken, the native crypto of the Gate.io exchange, has surged to a new all-time high despite rumors about a potential security breach circulating on social media platforms.
Gate.io confirms that all services, including deposits, withdrawals, and trading, remain fully operational and there have been no abnormalities detected by their security team.
Gate.io's Chief Business Officer assures users that the platform is secure and backed by reserves exceeding $10 billion.
The rumors of a security breach began when unverified information was impulsively shared by a crypto influencer, but Gate.io plans to address the misinformation and provide evidence to counter the claims.