#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
PwC Italy collaborates with SKChain Advisors to develop digital identity products.
Odaily News PwC's Italian branch is collaborating with blockchain consulting firm SKChain Advisors to develop a digital identity product for the European Union. The product is being developed on the World Mobile Chain and will utilize Self-Sovereign Identity (SSI) technology. It is reported that SSI is a form of decentralized identity that allows users to have complete control over their data instead of handing it over to third parties. (CoinDesk)