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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
The Major Crisis in TRUMP Memecoin Has Ended! Eric Trump Gave the Good News
The internal conflict surrounding the Trump family's cryptocurrency projects has come to an end. Eric Trump announced that the tension regarding the memecoin project named after his father has eased and that World Liberty Financial, controlled by the family, will "buy out a significant amount" of the mentioned memecoin.
In a post from account X, Eric Trump stated that the company behind the Trump memecoin will not continue with the digital wallet project that caused a crisis with World Liberty.
According to a report by Bloomberg News on Thursday, World Liberty Financial, partially owned by the Trump family, sent a "cease-and-desist" (activity suspension) letter to the organization named "Fight Fight Fight." This letter revealed opposition to the digital wallet project called "TRUMP Wallet." Allegedly, World Liberty plans to launch its own digital wallet service.
In a statement that ended the tension, Eric Trump stated that he would significantly buy out World Liberty's Trump memecoin to add to his own reserves.
The Fight Fight Fight company, which launched the Trump memecoin, is managed by Bill Zanker, a former friend and supporter of President Trump. According to the data analysis firm Chainalysis, since launching the memecoin in January, the company has generated over 300 million dollars in revenue.
Fight Fight Fight and CIC Digital LLC, affiliated with the Trump family, holds 80% of the token supply. According to CoinMarketCap data, the total value of these tokens is approximately 2 billion dollars.
*This is not an investment advice.
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