#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
Elon Musk announced that the Grok image recognition feature has received a major upgrade
PANews December 10th news, Elon Musk just tweeted that the image generation function of Grok has just received a major upgrade. He also quoted an image of the classic internet meme 'Pepe the Frog', in which 'Pepe' holds a sign that says 'I am the media now' with a burning city in the background, which carries a strong ironic meaning.