#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
Cryptography professor Moni Naor joins the StarkWare scientific committee as chief researcher
ChainCatcher News, StarkWare announced that computer science professor Moni Naor has joined its scientific committee as chief researcher. At StarkWare, he will mainly focus on topics such as BTC cryptography and Starknet Decentralization. StarkWare stated that Moni has made groundbreaking contributions to computer science, including pioneering research on Public Key systems resistant to selected Ciphertext attacks, non-scalable cryptography, visual cryptography, and innovative methods for verifying human users (leading to the concept of CAPTCHA). The first mention of Proof of Work was made by him together with Cynthia Dwork.