#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
GnosisDAO invests another $4.8 million to support HOPR in developing decentralized VPN
Odaily Planet Daily News GnosisDAO has voted to invest an additional $4.8 million to support the development of the HOPR Decentralization VPN, which aims to provide private and unreviewable VPN services. The project plans to launch a consumer-facing Open Source privacy protection application within two years. HOPR will use its mixnet technology to conceal user IP data and expand the Node scale to thousands. GnosisDAO will distribute the funds over two years and enjoy a 30% discount on HOPR Tokens. This collaboration aims to further advance Decentralization technology. (The Block)