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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)
Sonic Launches $1M Mobius Hackathon to Boost dApp Development on Solana
In order to incentivize the development of native decentralized apps, Sonic SVM, the first chain extension for Solana, has organized a hackathon and invited judges to evaluate the entries. Teams developing dapps for the gaming-optimized Sonic chain, whose mainnet launches on February 27, may win prizes at the Mobius Hackathon.
A $1 million prize pool is available for builders of innovative apps across a variety of onchain verticals, from gaming to DeFi, during Sonic’s first dedicated hackathon. Starting on February 17, the first-of-its-kind online hackathon will continue until March 14, when the Sonic mainnet will be live.
Teams are asked to create apps that fit within one of the four hackathon tracks that have been chosen:
In order to assess proposals on a variety of factors, such as technical complexity and practical application to ascertain real-world feasibility, Sonic is looking for a panel of judges. In order to make sure that every team benefits from the experience and can maximize their applications, they will also provide helpful feedback.
In order to create a constructive learning atmosphere where all participants gain from the hackathon, the judges will point out both areas of excellence and places for growth. Judges are required to be active on social media and show that they are eager to interact with builders and act as mentors.
Judges will spread the word about the quality of applications being created on Sonic SVM by interacting with participants, posting updates on social media, and highlighting exceptional projects. They will also assist in highlighting the most promising emerging development teams in the industry.
The judges will review the entries at the end of the month-long competition before declaring the winner on April 2. In addition to showcasing the network’s capacity to scale Solana by offering a dedicated layer for high performance decentralized applications, the $1 million Mobius Hackathon will spur the development of Sonic applications.
Sonic is the first gaming and application-related SVM network extension to be released on Solana. In order to power the web3 TikTok App Layer and onboard the next billion users, Sonic HyperGrid, a framework for coordinating optimistic Solana rollups, was built.
Hackathon registration form for builders:
Builder group (for finding teams or sharing info):
Developer doc:
Contact us for more info: