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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
Cardano plans to launch the Ouroboros Leios upgrade, which theoretically can achieve processing 1 million transactions per second.
According to Deep Tide TechFlow news on May 5th, reported by 99Bitcoins, Cardano is preparing to launch the Ouroboros Leios upgrade, which aims to significantly enhance network scalability. This upgrade will achieve performance improvements by decoupling transaction transmission, verification, and Block sorting.
It is reported that after the upgrade, Cardano's transaction processing speed is expected to increase from currently less than 20 transactions per second to more than 10,000 transactions per second, theoretically reaching up to 1 million transactions per second. In addition, Cardano plans to integrate technologies such as Ouroboros Peras, the Hydra Layer 2 scaling solution, and the Midgard optimistic rollup platform to further enhance network performance. Currently, Cardano is in the Voltaire development phase, led by the Input Output Global (IOG) team.