Gate.io Denies Liquidity Problems Following Multichain Crisis

Decentralized crypto exchange Gate.io has denied rumors of its insolvency problems, which Twitter users have linked to the crisis on the Multichain platform. The Gate.io team stated that “the company’s operations are going well” and that all forces are now focused on creating a subsidiary trading platform in Hong Kong called Gate.HK. The announcement came after it was circulated on Twitter  that  the exchange was insolvent due to an alleged connection to the Multichain Cross-Chain…