#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
Amazon's cloud business revenue has fallen short of expectations for the third consecutive quarter.
According to Mars Finance, Amazon's cloud business growth rate in the first quarter has fallen short of expectations for the third consecutive quarter. Amazon Web Services (AWS) revenue rose 17% to $29.27 billion, while analysts surveyed by StreetAccount had expected $29.42 billion. The growth rate has slowed compared to 18.9% in the fourth quarter of last year. AWS is the largest cloud infrastructure provider globally, accounting for about 19% of its parent company's total revenue. Its largest competitor, Microsoft, announced Wednesday that its Azure cloud business growth and guidance for the first quarter exceeded market expectations. The third-largest cloud computing provider, Google, reported slightly lower revenue than the market's general expectations last week.