#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
Quantum computing company qdayclock completes $6 million in financing to develop anti-quantum Bitcoin tools.
ChainCatcher News, according to CoinDesk, qdayclock, a quantum computing company that previously offered a reward of 1 bitcoin to challenge cracking the Bitcoin encryption algorithm, recently completed a $6 million financing for the development of anti-quantum computing encryption tools. The company has made a public call for solutions to use quantum computing to crack Bitcoin's encryption.