#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
XRP Lawsuit Update: Ex-SEC Lawyer Says ‘No Ruling Coming from Judge Torres,’ Here’s Why
The XRP community is keeping a close eye on the long-running Ripple vs. SEC lawsuit, with an important deadline approaching. On June 16th, the U.S. Securities and Exchange Commission (SEC) is expected to submit its official status report, which could decide whether both sides need more time to settle the case — or if the legal battle will continue in court.