#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
Pudgy Penguins will launch the skill-based Web3 game Pengu Clash on the TON blockchain.
[Chain News] On June 18, news came that Pudgy Penguins is launching a skill-based Web3 game called Pengu Clash for the TON Blockchain, entering the competitive mini-game sector. The game adopts a "play-to-win" model, where players earn rewards through skill competitions rather than speculation, featuring various combat rules and challenge modes. Pudgy Penguins CEO Luca Netz sees this game as a way to promote the Pudgy Penguins brand, with commercial profits considered a secondary outcome. The project aims to release more games in 2025. The next game, Pudgy Party, is planned for release in August.