#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
Elon Musk's xAI announces the launch of Grok Studio
Jin10 reported on April 16 that on April 15 local time, Elon Musk's xAI officially released the first version of Grok Studio, which adds code execution functionality and Google Drive support. Grok now supports generating documents, code, reports, and web games. Grok Studio will open the user's content in a separate window, allowing users and Grok to collaboratively process the content.