Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
Gate MCP
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Arbitrum freezes hacker 71 million ETH: Justice in action, or a decentralized "betrayal"?
The Arbitrum Security Council, with 12 members, held a meeting, 9 signed off, and directly changed the on-chain state.
The official statement is that this is a mechanism "to respond to catastrophic emergencies." But both sides are arguing fiercely.
Supporters 👆 believe this is "justice in action"—the 71 million is locked, and hackers can't wash it. Netizens say, "In the past, hackers were hunters; now the system is starting to fight back."
Opponents 👇 ask only one question: if they can freeze hackers today, can they freeze you tomorrow? No voting, no public disclosure, no need for your consent. This is not blockchain; it’s a database controlled by 12 people.
In the short term, it’s a positive—demonstrating enforcement, providing users with a sense of security, and making institutions more willing to come in. Large holders prefer assets that are "recoverable."
But in the long term, this is a heavy blow to the decentralization narrative. The so-called narrative of "immutability, permissionless, and third-party control-free" decentralization is being repeatedly slapped in the face by reality.