#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
The X account of Lucy Powell, the leader of the UK House of Commons, was hacked and used to promote the "HCC" Token eyeyash.
PANews reported on April 16 that, according to the BBC, the X account of Lucy Powell, the leader of the British House of Commons, was hacked and used to promote the fraudulent "House of Commons" cryptocurrency. On Powell's X account, a series of now-deleted posts described the "HCC" token as "a community-driven digital currency that brings the power of the people to the blockchain." The lawmaker's office confirmed that her account was hacked Tuesday morning and said "swift steps have been taken to protect the account and remove misleading posts." Recently, a number of public figures, including BBC journalist Nick Robinson, who have a large following, have suffered similar cyber hacks. CoinShares senior researcher Luke Nolan stated that the recent hack of the Powell account is an example of "pump and dump", with only 34 transactions occurring for the Token, potentially generating about £225 in profit.