#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
Magic Eden will launch its first memecoin claiming event on December 20th
Golden Finance reported that Magic Eden announced that the first memecoin distribution will be released on December 20th. MUMU THE BULL (MUMU) will participate, and only 5000 eligible users will be able to participate. Users who wish to participate must ensure that they have downloaded and prepared the Magic Eden application.