📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Elon Musk's X accelerates the transformation of financial technology, planning to launch in-app payments and transactions.
According to Gate News bot, the Financial Times reported on June 19 that X (formerly Twitter) is intensifying efforts to integrate Financial Service directly into its ecosystem, surpassing its foundation in the Social Web.
According to reports, this social web giant is preparing to allow users to conduct various financial transactions within the app, including everyday payments such as purchasing food or tipping content creators, as well as more advanced investment and digital fund transfer tools.
CEO Linda Yaccarino also confirmed that the company is exploring the launch of a brand debit or credit card by the end of this year. After Elon Musk ( acquired the social media platform Facebook, Yaccarino took over as CEO in 2023, witnessing Facebook's rapid transformation.
Under her leadership, X has added features such as AI tools, live video, audio calls, and the upcoming XChat, which is an upgraded messaging system with encrypted communication and disappearing messages.
These changes help increase participation, and the usage rate indicators have shown an upward trend in recent quarters.