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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Allora and Mind Network have launched the first privacy-preserving price Oracle Machine FHE TrustPrice Index.
According to a news release from 深潮 TechFlow on May 16, Mind Network has entered into a strategic partnership with Allora Network to jointly launch the first privacy-preserving price Oracle Machine - FHE TrustPrice Index, aimed at DeFAI scenarios.
This index combines the Allora decentralized machine learning model network with the fully homomorphic encryption (FHE) capabilities of the Mind Network to construct a new price Oracle Machine infrastructure that features high-precision predictions, end-to-end encryption, tamper resistance, and verifiability.
Under the Allora MCP mechanism, multiple agents submit price prediction data in encrypted form, which is aggregated by the FHE infrastructure provided by Mind Network, making only the final trusted price signal public. The entire process does not require the decryption of any intermediate information, ensuring that input data is not leaked, the process is verifiable, and the results are tamper-proof.
In addition, Mind Network has open-sourced the Mind Voter prototype codebase, demonstrating the core working mechanism of the system through the encrypted acquisition, submission, and aggregation process of BTC prices, and providing a reference solution for developers to build FHE compatible proxies.