#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
Trump: California governor and Los Angeles mayor 'incompetent'
According to Golden Finance, on June 10 local time, U.S. President Trump stated on social media that if he had not "sent troops" to Los Angeles over the past three nights, the city "would have been leveled to the ground" by now, just like the 25,000 homes that were burned down due to the "incompetence" of the governor and mayor. Trump claimed that there is chaos now, and this situation will last for a long time. (CCTV News)