#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
Kanye: Someone proposed to pay me $2 million to launch RUG disc memes, and I have refused their request
BlockBeats news, on February 8th, well-known trend artist Ye (Kanye West) posted on social media that someone proposed to provide him with a $2 million reward to issue a Meme coin to defraud his fan community. Kanye himself has rejected the 'collaboration' request. According to the chat screenshots released by Kanye, this 'collaboration' requested Kanye to promote a RUG pool Meme coin, with a prepayment of $750,000, and after posting for 8 hours, Kanye can announce that his 'account has been hacked'. After posting for 16 hours, he can pay another $1.25 million. The mastermind behind the scenes claimed that this 'collaboration' could profit tens of millions of dollars.