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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 Central Bank of Iran restricts the operating hours of domestic exchanges in response to the $90 million Crypto Assets theft incident.
On June 19, according to reports, after the largest Crypto Assets exchange in Iran suffered a cyber attack resulting in losses exceeding $90 million, the Central Bank of Iran has ordered all domestic Crypto Assets exchanges to limit their operating hours.
The new regulations will limit trading hours to between 10 AM and 8 PM, which appears to be a direct response to the hacking attack on Nobitex. This move aims to enhance oversight and reduce the likelihood of future incidents, especially during non-working hours when cybersecurity response times are slower.