#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
OpenAI employees publicly criticize the misleading Benchmark test results of the latest AI model Grok3 by XAI
ChainCatcher news, according to Jinshi report, an employee of OpenAI publicly accused Musk's XAI company of releasing misleading Benchmark test results for its latest AI model Grok3. In response, Igor Babushkin, co-founder of XAI, insisted that the company did nothing wrong. The chart of XAI shows that both versions of Grok3 - Grok3 Reasoning Beta and Grok3 mini Reasoning - outperform OpenAI's current strongest available model o3-mini-high on AIME 2025. However, OpenAI employees quickly pointed out on the X platform that the chart of XAI did not include the AIME 2025 score of o3-mini-high under the condition of cons@64. Babushkin argued on the X platform that OpenAI had also released similar misleading Benchmark test charts in the past, although these charts were used to compare the performance of its own models.