#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
The second largest ride-hailing app in the US, Lyft, has partnered with the decentralized map platform Bee Maps to support its internal mapping work.
According to Techub News, Lyft has confirmed to Decrypt that it has partnered with the decentralized mapping platform Bee Maps, built on the Hivemapper infrastructure, to support its internal mapping work. The terms of the deal have not been disclosed. Hivemapper is a decentralized, encryption-incentivized map-building network that operates on Solana. The platform relies on a global network of contributors who upload street images via AI-driven dash cams and are rewarded with its native HONEY Token. Lyft began collaborating with Bee Maps in 2024 and is leveraging the platform's street-level map data to help improve routing and navigation while expanding its autonomous vehicle strategy.