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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 EU will develop the IRIS2 communication satellite system
On December 17th, Jinshi Data News, the European Space Agency announced on its official website on the 16th that the European Union will develop the IRIS2 communication satellite system to enhance the EU's autonomy and security in the communication network. The IRIS2 system is the EU's third flagship satellite program, following the Earth observation system 'Copernicus Program' and the Galileo satellite navigation system. The European Commission signed a 12-year franchise contract worth 106 billion euros with the system's design and operation entity, SpaceRISE consortium, with the European Commission contributing 60 billion euros, the European Space Agency contributing 5.5 billion euros, and the private sector contributing over 40 billion euros. It is reported that the IRIS2 system consists of 290 satellites, with 272 in low Earth orbit and 18 in medium Earth orbit, along with related ground facilities, forming an autonomous and multi-tasking satellite constellation, expected to begin service in early 2030.