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- Community Morning Brief — Top Headlines 🔹 June 4, 2025
1. Data: Institutional buyers have increased their Bitcoin holdings by 417,000 BTC so far in 2025.
2. The U.S. has presented Vietnam with a complex list of demands in tariff negotiations.
3. Arkham stated on social media that Satoshi Nakamoto’s net worth has now surpassed Bill Gates’.
4. Trump’s Truth Social has filed an application for a Bitcoin ETF.
5. Bloomberg analyst: IBIT’s Bitcoin holdings could surpass Satoshi Nakamoto’s by the end of next year, becoming the world’s largest Bitcoin holder.
6. Attendees of Trump’s crypto dinner rec - #Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor - 👀 #GateCryptoGiveaway# - Whose eyes are these?
Memecoin Quiz: Guess the memecoins based on the eyes below!
💰 $10 Points * 4 winners
To join:
1️⃣ Follow Gate_Post
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 04:00 AM, Jun 7 (UTC)
ZKsync: The latest upgrade proposal focuses on optimizing the elliptic curve pre-compilation, and the cost of ZK proof verification will drop by over 90%.
PANews reported on May 20 that ZKsync officially posted on the X platform that the latest ZKsync upgrade proposal focuses on optimizing elliptic curve pre-compilation and adding the ModExp pre-compilation function. The gas fee for verifying a typical zkSNARK proof will be reduced from about 6.8 million to about 370,000, a reduction of about 94%. With this upgrade, elliptic curve operations (ECAdd, ECMul, ECPairing) will be implemented directly in the circuit, reducing the cost of verifying ZK proofs by more than 90%. Added the ModExp precompilation function for fast exponentiation operations. This is critical for many different cryptography use cases, such as RSA and ZK proof verification. Developers don't need to take any action after upgrading. Existing contracts that already rely on these precompiled features do not need to be redeployed. Once upgraded, the call will automatically resolve to the new circuit implementation. The precompile upgrade has been launched on the ZKsync Era testnet.