#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
Anthropic CEO: AI development has not slowed down
Odaily Planet Daily News According to Dario Amodei, CEO of Anthropic, the improvement speed of large language models is expected to not slow down, despite recent reports that the performance improvement of the company, as well as Google and OpenAI's upcoming LLM, is not significant compared to early models. According to a report earlier this month, the performance of OpenAI's latest flagship model, Orion, has not improved. (The Information)