#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
Big banks profit immensely yet save modestly: JPM, BoA, WF, Citi, USB, PNC, Truist
US Senators accuse JP Morgan Chase, Bank of America, Wells Fargo, Citibank, US Bank, PNC Bank and Truist of profiteering by making record profits of $100 million and paying savers - The Daily Hodl Two US senators have accused the banks.
In a letter to the CEOs of Bank of America, Citibank, JP Morgan Chase (JPMC), US Bank, PNC Bank, Truist and Wells Fargo, Elizabeth Warren (Massachusetts) and Senator Jack Reed (Washington) allege that these financial institutions are keeping interest rates on sa