#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
PANews June 13th news, according to MetaTrust monitoring, DeFi lending protocol UwU Lend announced that it has temporarily suspended the protocol and is investigating the situation. MetaTrust analysis stated that hackers used the 60 million uSUSDE obtained in a previous hack as collateral to borrow assets, and the hackers still have 5 million uSUSDE.
MetaTrust indicates that for UWU Lend, it is recommended to stop supporting SUSDE collateral, and for users, it is advised not to interact with the protocol before official action, or to withdraw assets as soon as possible.
Earlier today, UwU Lend platform suffered a loss of up to $3,720,000, according to earlier reports.