#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
Vitalik: The goal of Ethereum is to attract a large number of users and promote openness and security
BlockBeats news, on March 18th, the Based Rollup Summit, which opened last week at EthSan Francisco, brought many key insights to the industry. The event, organized by Taiko, focused on Rollup-based technological innovations, and invited industry heavyweights such as Vitalik Buterin, Tomasz Stańczak from Nethermind, and Professor Dan Boneh from Stanford University. In the 'Verifiable Proofs of AI' panel discussion, Professor Boneh shared how zero-knowledge encryption technology and its development will profoundly impact our interaction with artificial intelligence in the future. Vitalik, Tomasz, and Taiko's CTO Brecht Devos participated in a roundtable discussion on the future of Ethereum. Tomasz and Brecht revealed that Ethereum users can expect the preconfirmations feature to go live, with the most optimistic timeline possibly around a month. In the group discussion on the future development of Ethereum, Vitalik once again emphasized the core goal of Ethereum: 'I personally believe that Ethereum's goal has never been unclear, it has always been very clear, but I'm willing to reiterate it. Ethereum's goal is to attract a large number of users, especially to let them truly benefit from its open, censorship resistance, and security features.' In addition, he outlined an optimistic outlook for the future development of Ethereum, aiming to improve past ICOs, DAOs, RAWs, and social layers, minimizing their drawbacks to the greatest extent. Vitalik stated, 'Let's push forward all these innovations, let Ethereum carry it all, and make it a reality by leveraging the team's capacity, such as Taiko's, to bring 10,000 transactions per second (TPS).'