#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
Rapper Drake's X account is suspected to have been hacked to promote Solana memes, with volume reaching $5 million at one point.
Odaily Planet Daily News Canadian rapper Drake's X account (with over 39 million fans) was reportedly hacked on Saturday night to promote a Solana Meme coin based on his cartoon 'alter ego' character. The coin's volume once reached 5 million dollars, but was later confirmed to be eyewash, and the related posts have been deleted. False posts also claim that the Meme coin is launched in cooperation with Stake, Drake's preferred cryptocurrency betting platform. The fraudulent token '$ANITA' shares the same name as Anita Max Wynn Tour, Drake's upcoming tour that will mark his return to Australia and New Zealand for the first time since 2017. (The Block)