#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
Pudgy Penguins launched the P2E game Pengu Clash on TON.
Odaily News Pudgy Penguins has launched the P2E game Pengu Clash on the TON blockchain. Pudgy Penguins stated that this game will adopt a play-to-earn model, allowing players to earn rewards through competition. Pudgy Penguins CEO Luca Netz told Cointelegraph: This model is essentially a skill-based game. (Cointelegraph)