#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
Cronos Labs appoints Mirko Zhao as the head of Cronos.
BlockBeats news, on March 25, according to official information, Cronos Labs announced the appointment of Mirko Zhao as the head of Cronos and the product and engineering director. It is reported that Mirko has extensive experience in Blockchain and DeFi, and will play a key role in driving the product strategy and incubation plans of Cronos Labs.