#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
After the Israeli hacker group attacked the Iranian encryption exchange, $90 million in encryption assets were destroyed.
PANews reported on June 19 that the Israeli-linked hacker group Predatory Sparrow claimed to have attacked Nobitex, Iran's largest crypto platform, burning about $90 million worth of crypto assets, and transferring the funds to a destroyed address with anti-Iranian Revolutionary Guard Corps slogans. The group said it would make the Nobitex source code publicly available (in six hours) and called it a "sanctions evasion tool." The platform website is currently offline.