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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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
📲 Download the APP to claim 2 GT
🎯 Complete simple tasks to share a 3,000 GT reward pool!
Limited time, limited supply — first come, first served!
👉 https://www.gate.com/campaigns/1227
- #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
Sam Thapaliya publicly clarifies the details of early collaboration with the Movement project.
Gate News bot message, Sam Thapaliya posted on social media detailing his early collaboration with the Movement project. It was revealed that before the official establishment of Movement, Sam Thapaliya met with Vanderbilt and Cooper in person and provided incubation funds for the Satay project, which is a yield aggregator developed based on Move.
Subsequently, after Rushi took on the role of technical leader, Sam Thapaliya shifted to be responsible for GTM (Go-To-Market) tasks. During the project's progress, Sam Thapaliya discovered issues with the usage data of the testnet, proposed to the team to re-examine the airdrop dataset, and advocated for a reward flattening scheme. However, Cooper chose to maintain a high allocation scheme for 75,000 specific wallets. These wallets later became the main recipients of the MOVE token airdrop and engaged in concentrated sell-offs after receiving the tokens.
Source: Wu Says
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