#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
Hedera initiates HIP-850 to enhance the supply of NFT updates in the treasury account's Secret Key function
According to official sources, Hedera has initiated HIP-850 to enhance the Supply Key function for updating Non-fungible Token in the treasury account. It is reported that this proposal will be implemented on the network when Mainnet is upgraded to v0.53. By granting Supply Keys, it will significantly enhance the Hedera ecosystem by enabling the update of Non-fungible Token Metadata when Non-fungible Tokens reside in the treasury account.