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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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✅ 5,000 GT Prize Pool
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✅ Futures Vouchers for New Signups
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Top the leaderboards. The Race is ON!
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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
Singapore police investigate 49 suspects in a money laundering case related to cryptocurrency.
Singapore police are investigating 49 individuals on suspicion of involvement in money laundering through cryptocurrency accounts. Among them, there are 35 males and 14 females, aged between 18 and 58, who were arrested in an operation from May 13 to 30. The operation, led by the Anti-Phishing Task Force in collaboration with StraitsX, has seized over 200,000 USD in assets.
The suspects were contacted via Telegram and WhatsApp, where they were asked to pay between 400 and 3,000 USD in exchange for access to cryptocurrency accounts or Singpass login information. Police warn that relinquishing control of accounts can lead to serious legal consequences and emphasize a zero-tolerance policy towards money laundering. Those who assist in this activity may face imprisonment of up to three years and fines of up to 50,000 USD.