#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: YEEZY aims to create a true currency
BlockBeats news, on February 23, according to the well-known trend artist Kanye West X page information, the account tweeted about meme coin including JAILSTOOL, and stated that the upcoming issuance of meme coin 'YEEZY aims to create a true coin'. Yesterday, Kanye West posted on social media stating that all Ye-related Memes in the current market are fake, and he will launch his own Meme coin next week. According to encryption KOL @lokithebird's analysis, Kanye may have transferred (or entrusted) his X account to BarkMeta Doginals for 17 million US dollars.