#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
An Israeli hacker group stole $90 million in encryption assets from the Iranian exchange Nobitex and proceeded to destroy them.
Gate News bot news, Web3 security company Elliptic stated that the hacker organization Gonjeshke Darande, linked to Israel, conducted a $90 million hacking attack on the Iranian crypto assets exchange Nobitex not for economic reasons, as the funds were sent to vanity addresses, effectively destroying the tokens.
Source: CoinDesk