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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
U.S. port executives warn: the rise in U.S. container imports is about to reverse.
Jin10 reported on May 8 that U.S. container imports surged in April as companies rushed to avoid Trump's tariffs, but executives at the two busiest ports in the U.S. indicated that this trend seems set to reverse in May. Supply Chain technology provider Descartes stated on Thursday that container imports in April rose 9.1% year-on-year to 2.4 million TEUs, marking the second-highest record for the month. However, Gene Seroka, executive director of the Port of Los Angeles, said he expects imports at the port to decline by 35% year-on-year this week. The Port of Los Angeles is the largest seaport complex in the U.S. Seroka added that due to weak demand, large shipping companies have canceled scheduled sailings, and vessel volumes in May may drop by about 20%. Mario Cordero, CEO of the Port of Long Beach, anticipates that cargo volumes in May will be down 20% compared to the same period last year. Descartes noted that the rapidly evolving trade policies in the U.S., retaliatory measures from U.S. trade partners, and ongoing instability in the Middle East and Eastern Europe have all increased the risk of global supply chain disruptions.