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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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✅ 5,000 GT Prize Pool
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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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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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
Bank of America CEO: We already have hundreds of Blockchain patents and we know how to enter the field.
The chief executive of the Bank of America (BoA), Brian Moynihan, told CNBC in an interview at the World Economic Forum in Davos, Switzerland, that if proper regulation makes encryption payments 'a reality', then 'the banking system will take a tough stance on transactions'. In this case, encryption transactions will simply be seen as another type of payment alongside credit cards, debit cards, and Apple Pay, Brian Moynihan said, "We already have hundreds of blockchain patents, and we know how to enter the field." He said that if there are appropriate rules, US banking institutions are willing to adopt encryption currency payments, indicating that the financial industry is still waiting for clearer signals from regulators before taking action.