#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
Trump personally delivered the White House emblem key: Musk is not really leaving! He will serve as a "presidential advisor" to assist with reforms.
Trump held a "farewell party" for Musk at the White House, saying he had not really left the administration. Musk also said he would continue to serve as Trump's "friend and adviser." (Synopsis: Musk is leaving tonight!) Officially left the DOGE department, the focus returned to Tesla, SpaceX, and fell out with the Trump brotherhood? (Background supplement: Telegram received $300 million in cash and equity from xAI, Musk threw money to push Grok, TON jumped 20%) On Friday, US President Donald Trump held a "farewell" press conference for Elon Musk in the Oval Office of the White House to thank him for his tenure in the Department of Government Efficiency. During the meeting, Trump stressed that Musk "has not really left" and will continue to contact the White House back and forth, and described the government efficiency department (DOGE) as Musk's "child", suggesting that he will not ignore it. pic.twitter.com/ZbYREqIwrA — Elon Musk (@elonmusk) May 31, 2025 Trump personally gave the White House badge key The press conference in the Oval Office was personally hosted by Trump, who said that Musk brought about "generational bureaucratic change" and presented a metal key with the White House badge on the spot. Symbolizes the nation's gratitude for its contribution. Although Musk has served 130 days under the Special Government Employees Act, Trump said with reservations: "He doesn't really leave, he will show up frequently...... I think he's going to do a lot more." Musk accepted the metal key presented by Trump Musk: will serve as Trump's "friend and adviser" Musk said that after the end of his statutory term as a "special government employee", he expects to "continue to visit" Washington and continue to serve as the president's "friend and adviser". Musk also said he remains confident that DOGE will find more ways to cut government spending and reach the $1 trillion reduction goal before the program is scheduled to end in mid-2026 (which may be extended). Other highlights At the press conference, Musk's obvious bruise on his right eye became the focus. When asked, he replied: "I was just playing with my five-year-old son and jokingly said: 'Come on, punch me in the face.'" And he did." When pressed about the recent media allegation that he "used drugs" during the Trump campaign, Musk lightly brought it up. "Let's change the subject," he said, and later criticized the newspaper for "spreading lies about Russia." At the same time, he did not respond positively to his disappointed comments on the tax cuts and military spending increases of Trump's "big and beautiful" spending bill in previous interviews, but Trump still defended the bill and said he hoped to further "cut more taxes". The inseparable "horse adviser" Despite his nominal departure, the political alliance between Musk and Trump has not been dissolved. Judging from Trump's speech, Musk may still provide suggestions on policy and reform lines in the future to continue his influence. For Musk, temporarily leaving his official position can not only defuse the criticism of his "lack of skills" from the outside world, but also completely cut off from the White House and maintain the necessary policy influence. The two sides seem to be "cut", but in fact there is room for manoeuvre, and the line between politics and business remains blurred. Related reports Musk sprinkles Trump's "big beautiful tax law": increase the fiscal deficit, waste DOGE efforts X global big crash Suspected data center fire, Musk: restart sleeping conference rooms, factories, 24/7 combat work mode Musk warned that the United States will "lack electricity" next year: the biggest worry in AI development is not computing power, it is these 3 major challenges 〈Trump personally sent the White House badge key: Musk is not really leaving! Will serve as a "presidential adviser" to assist in reform" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".