#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
Ethereum Foundation: Establishes a $1.25 million legal aid fund to support Tornado Cash co-founder Roman Storm.
Odaily News The Ethereum Foundation has announced it will provide up to $1.25 million in funding to support the legal defense of Tornado Cash co-founder Roman Storm, which includes $500,000 in direct aid and up to $750,000 in community matching donations. Roman Storm is set to stand trial on July 14 in a U.S. federal court, facing charges of operating a remittance business without a license, money laundering, and violating sanctions. The Foundation emphasized that "privacy is normal, and writing code is not a crime," and this move is seen as a key stance in support of open source and Web3 privacy freedoms. Previously, Vitalik Buterin donated 50 ETH to support Storm's defense.