#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
Holograph: A disgruntled former contractor is responsible for the previous attack.
Odaily Planet Daily News According to an internal investigation, a disgruntled former contractor is responsible for the attack on the blockchain tokenization platform Holograph. On June 13, a hacker used the Holograph protocol to mint 1 billion native Holograph (HLG) tokens, worth $14.4 million, causing the value of the HGL token to plummet by nearly 80% within 9 hours of the attack. (Cointelegraph)