#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's social platform once again uses 'peanut' internet memes
BlockBeats news, on November 13th, Musk once again responded with 'peanut' internet memes when retweeting a post about government wasteful spending. Earlier today, Musk said 'America was saved by a squirrel and meme coin.' The squirrel refers to Peanut, an internet-famous squirrel euthanized by US authorities.