#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
Musk Wants Suit Over Tesla’s Use of AI-generated ‘Blade Runner’ Imagery Dropped
Elon Musk’s lawyers plan to ask the court to drop a case against him and his company. The case claims that Musk, who leads Tesla, used AI-created images that violate copyright and look like “Blade Runner” at a Tesla press event.
The filing shows that both Musk and Tesla are named as defendants in the suit. The filing was filed to the U.S. District Court Central District of California, Western Division late Tuesday, whereby attorneys for Musk said that both Musk and Tesla will move to dismiss al