#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 Ethereum Foundation launches the Devconnect ARG Scholar Program.
Odaily News As part of Devconnect ARG 2025, the Ethereum Foundation announced the launch of the Devconnect Scholar Program aimed at expanding the influence of Ethereum by connecting it with new communities, industries, and ideas. Scholars will learn together and create together, bridging the gap between Ethereum and other worlds. The scholars of 2025 will include five categories: (1) Ethereum community organizers, (2) legal and public sector professionals, (3) journalists, (4) artists, and (5) developers and other types of builders.