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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
Polymarket will end the prediction market on the approval of the Ethereum ETF by May 31. The resolution was made after the Securities and Exchange Commission (SEC) approved the Spot ETH ETF's multiple 19b-4 filings, which sparked controversy as the necessary S-1 form filings required by the exchange were not yet approved. Some users believe that the ETF has not been fully approved until both filings are approved. Optimistic Oracle provider UMA Protocol ultimately determined the result as "yes" based on the approved 19b-4 filings.
Bloomberg analyst James Seyffart pointed out that historically, the approval of 19b-4 would lead to the approval of S-1. The total amount wagered in the prediction market is $13.2 million.