#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
After the founder of Telegram was arrested, Russian people are worried about losing their main source of information.
Odaily Planet Daily News Telegram founder Pavel Durov's arrest in France has raised concerns among the Russian people. Since the Ukraine conflict in February 2022, Telegram has become one of the few uncensored sources of information in Russia. According to Mediascope research, Telegram has become the fourth most popular online service in Russia. Some industry insiders believe that Telegram has become the main source of information for those seeking independent viewpoints. However, Pavel Durov has been prosecuted for failing to curb extremism and illegal content on the platform, and although he has been released on bail, he is not allowed to leave France. In addition, the European Commission is investigating whether Telegram needs to comply with stricter regulations. (Fortune)