#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
Slow Mist Yuxian: EIP-7702 mechanism abused by coin theft gang
PANews, May 31st news, Slow Mist's Yu Xian posted on the X platform stating that the "most High" use of this new mechanism EIP-7702 is actually by coin theft gangs (not phishing gangs), which facilitates the automatic transfer of relevant funds from wallet addresses that have leaked private keys/mnemonic phrases. Over 97% of EIP-7702 delegations have been authorized to such coin theft contracts.