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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Chiliz is in a legal dispute with its former Korean employee for failure to pay token compensation
PANews reported on June 26th that a legal dispute occurred between the sports and entertainment public chain Chiliz Chain and its former Korean employee, according to No Cut News. The dispute arose when the former employee sued Chiliz officials on April 19th, claiming that the token compensation promised during their work for the project from 2020 to 2022 was never fulfilled and that they were dismissed for raising this issue. In response, Chiliz filed civil and criminal lawsuits, accusing the former employee of violating confidentiality agreements and spreading false information to the media. The civil lawsuit seeks compensation, while the criminal lawsuit accuses defamation. In April, the former employee lost the compensation case, but the prosecutor dismissed the defamation charge due to insufficient evidence.