🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
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3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Elon Musk Launches xChat Encrypted on Platform X
This morning, Elon Musk announced the launch of XChat on the X platform, introducing encrypted messaging features and audio/video capabilities. The deployment of XChat marks a significant improvement in privacy in digital communication, leveraging encryption technology inspired by Bitcoin. Elon Musk's XChat Promises Security at the Bitcoin Level Elon Musk, CEO of X, has introduced XChat, a new feature on the X platform built in Rust, offering message encryption, self-destructing messages, and multimedia sharing. XChat uses Bitcoin-like encryption to enhance privacy and security, aligning with Musk's vision of X as an "everything app." The introduction of XChat does not directly affect cryptocurrencies like Bitcoin or Ethereum, although it emphasizes strong security models, which could reignite interest in similar technologies. This may indirectly promote awareness in the fields of encryption and blockchain. There is no immediate response from major cryptocurrency figures, but Elon Musk's accomplishments often draw attention to his projects. Discussions on technical platforms about Rust and encryption show optimism about advancements in digital privacy. The Recovery Potential of the Bitcoin Market in the Context of New Security Standards Did you know? The launch of encrypted messaging and multimedia features on platforms like WhatsApp and Signal has significantly impacted public awareness of digital privacy. XChat aims to enhance this legacy by introducing advanced security inspired by Bitcoin technology. As of June 1, 2025, Bitcoin's market position remains strong. With a market capitalization of $2.10 trillion and a dominance of 63.54%, this cryptocurrency demonstrates stable price fluctuations. The circulating supply of this cryptocurrency is 19,873,178 BTC, nearing the maximum supply of 21 million BTC. CoinMarketCap data.
The research team emphasizes that XChat can lead to advancements in digital privacy standards. This reflects the influence of Bitcoin on financial privacy, potentially driving technological improvements and discussions around regulations concerning secure communications.