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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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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🎯 Complete simple tasks to share a 3,000 GT reward pool!
Limited time, limited supply — first come, first served!
👉 https://www.gate.com/campaigns/1227
- #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
Huang Licheng's FRIEND position has incurred a floating loss of at least 15 million US dollars.
BlockBeats news, on September 9th, on-chain information shows that Huang Licheng currently holds a total of 11.1 million FRIEND tokens. According to previous monitoring by Lookonchain, from May 3rd to June 8th, Huang Licheng spent a total of 4,975 ETH (approximately $15.6 million USD) at an average price of $1.81 USD to purchase 8.6 million FRIEND tokens. Since then, Huang Licheng has been continuously buying small amounts of FRIEND tokens and providing liquidity for its trading pairs, accumulating a total of 11 million FRIEND tokens up to now. If only calculated based on the holdings on June 8th and the current price of FRIEND at $0.06668 USD, the FRIEND tokens purchased for $15.6 million USD are now worth only $570,000 USD, resulting in a loss of at least $15 million USD.