Gate News bot message, according to the Gate platform announcement on July 4, 2025 Gate leverage trading has added ICNT ( Impossible Cloud Network Token ) and CROSS ( CROSS ) as borrowable assets. The platform simultaneously launched two leveraged trading pairs, ICNT/USDT and CROSS/USDT. Currently, Gate supports leveraged trading for over 800 cryptocurrencies.

According to Gate News bot, on July 4, 2025, Gate announced the launch of the ICNT 7-day fixed investment product on Simple Earn, offering an Annual Percentage Rate of 150%, with a total limit of 1.2 million ICNT coins, available on a first-come, first-served basis. ICNT is the native token of Impossible Cloud Network (ICN). ICN is an open decentralized cloud ecosystem that provides enterprise-level storage, computing, and bandwidth services, aiming to replace traditional cloud service platforms. The project is backed by Helium supporter NGP Capital, with a fully diluted valuation of $470 million. The ICN ecosystem is currently in operation, serving over 1,000 enterprise clients, with an annual recurring revenue of over $7 million, a year-on-year growth of 2000%.

Gate News bot message, according to the announcement from Gate platform on July 3, 2025: Gate will launch the Impossible Cloud Network Token (ICNT) token mining event on Launchpool. The event will take place from July 3, 2025, at 20:00 to July 13, 2025, at 20:00 UTC+8, with a total mining amount of 420,000 ICNT. Users can earn ICNT token rewards by staking BTC, ETH, or ICNT. Impossible Cloud Network is a decentralized cloud ecosystem designed to provide enterprise-level storage, computing, and bandwidth services. The project has received support from investment institutions such as NGP Capital and currently serves over 1,000 enterprise clients with an annual recurring revenue of $7 million. The network has over 80PB of active storage space in Europe and the United States, with more than 29,000 nodes distributed across 140 countries and regions worldwide. The system will distribute token rewards every hour based on the proportion of users' staked assets. Users at VIP5 and above can enjoy a maximum 500% staking limit bonus. Gate Labs states that it has not participated in the ICNT project investment.

Gate News bot message, according to the official announcement from Gate on July 3, 2025: Gate plans to launch the ICNT perpetual contract for spot trading on July 3, 2025, at 21:00 ( UTC+8. The newly launched contract will use USDT for settlement. The perpetual contract will support leverage trading of 1-50 times, allowing users to choose the specific leverage multiple when going long or short.

Odaily News According to the official announcement, Gate will launch Impossible Cloud Network Token (ICNT) spot trading on July 3 at 18:00 (UTC+8).