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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
Burger King to Launch Crypto? Here’s It’s X Message
Burger King fast food giant periodically returns to the topic of cryptocurrencies as if waiting for a perfect moment to jump on this bandwagon. In 2023, its Paris branch began accepting Bitcoin for payments already. But it does not have its own coin yet.
Today, it published an X post to poll its social media community and pick their brains as to whether it would be a good idea to launch its own crypto.
The Burger King UK X account asked its army of followers, without beating about the bush: “Shall we make a crypto burger coin called Burger Koin?”
The community reacted by posting mixed comments. Some thought it would be a great idea, others did not support this initiative. One X user stated: “No, crypto is already filled with a lot of meme coin scammers.” Another user suggested the company might as well launch its native merchandise.
In 2023, the same account ignited the Dogecoin community, commenting on a tweet by a popular crypto trader and promoter, who said that Burger King began taking Bitcoin payments in Paris.
The response stated “We need DOGE”. Apart from Paris, Burger King now accepts Bitcoin, in the Netherlands, Germany, and Venezuela as of February 2025. However, in 2021, Burger King in Brazil began to accept DOGE but not in the UK.