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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 SEC appoints two executives with encryption experience, signaling a regulatory-friendly approach.
On June 13, The Block reported that the U.S. Securities and Exchange Commission (SEC) announced four senior personnel appointments on Friday, including two officials with digital asset experience, further signaling a friendlier stance towards the encryption industry under SEC Chairman Paul Atkins. Starting June 17, Jamie Selway will serve as the head of the SEC’s Trading and Markets Division. Brian T. Daly will take over as head of the Investment Management Division on July 8. According to information released by the SEC, Selway recently served as a partner at Sophron Advisors, primarily providing capital market-related consulting services to clients. He has also advised several fintech companies and briefly served as the global head of institutional markets at Blockchain from 2018 to 2019.