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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
The ride-hailing service platform Lyft integrates the Solana-based Decentralization map platform Bee Maps.
According to a report by Decrypt on May 15, Deep Tide TechFlow news states that the ride-hailing service platform Lyft has confirmed it is using street view map data from the decentralized mapping platform Bee Maps based on the Solana Blockchain. This collaboration began in 2024 and aims to support Lyft's navigation and autonomous driving plans.
Bee Maps is built on the infrastructure of the decentralized map-building network Hivemapper and operates through a cryptocurrency incentive mechanism. Global contributors can upload street view images via AI-driven dashcams and receive the native token HONEY as a reward.
Ariel Seidman, co-founder and CEO of Bee Maps, stated that traditional maps cannot keep up with the changes in the real world, and the implementation of mobility services and autonomous driving requires a crowdsourced, real-time, accurate, and open map system. It is reported that this collaboration is limited to the authorization of map data and does not involve contributions of data from Lyft drivers or vehicles to the platform.