#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
Vitalik: The atmosphere of the encryption community makes me uncomfortable and even want to give up, but I still hope to fight for valuable things
BlockBeats news, on February 7th, Vitalik posted on social media that he felt frustrated and uncomfortable when he saw the encryption community and venture capitalists considering PvP-style gaming projects that would cause most users to lose money as the most suitable form for the crypto market, and pursuing better products would be criticized as condescending and elitist; and when he saw some people who did not understand the internal structure of the Ethereum Foundation casually suggesting personnel changes for him, and even hoping that everything could be resolved within 2 weeks, all of which made him feel frustrated and uncomfortable, and sometimes even made him feel like giving up. But every time this happens, he can always see signals from the world reminding him that he is fighting for something valuable and worth fighting for.