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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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#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
UK startup Optalysys launches blockchain-specific servers
BlockBeats News, on June 16, according to CoinDesk, Optalysys, a UK-based startup focused on secure computing, announced the launch of what is said to be the world's first server designed specifically for blockchain, capable of large-scale data processing without the need for decryption. The company's LightLocker node is a server with fully homomorphic encryption (FHE) technology. This is a mathematical method that allows computations to be made directly on encrypted data without breaking the encryption itself. Over the past year, several companies have raised capital in the cryptocurrency space and explored the application of fully homomorphic encryption (FHE). Optalysys says its server hardware is purpose-built for blockchain encryption, offering a more cost-effective alternative to expensive and inefficient GPU systems, with a 40% reduction in energy consumption. Headquartered in Leeds, England, Optalysys was founded in 2013 by CEO Nick New and CTO Robert Todd. The company closed a £21 million (about $28 million) Series A funding round in July 2023.