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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
Bubblemaps Warns: Fake Eric Trump Token Poses Risks of Becoming Rug-Making Scheme
Eric Trump Accuses Blockchain Data Firm of Creating Fake Token Rug
Eric Trump has recently accused a blockchain data analytics company of creating a fake token rug. The company in question has been under scrutiny for its alleged involvement in fraudulent activities within the cryptocurrency space.
This accusation has sparked controversy and raised concerns about the integrity of the blockchain industry as a whole. Many are calling for increased transparency and accountability to prevent such incidents from occurring in the future.
In response to these allegations, the data firm has denied any wrongdoing and has stated that they are committed to upholding the highest standards of ethics and compliance. They have pledged to work with regulators and law enforcement to investigate the matter thoroughly.
The incident has shed light on the importance of due diligence when investing in cryptocurrencies and blockchain projects. Investors are urged to conduct thorough research and vetting processes before participating in any token sales or investments.
Overall, this situation serves as a reminder of the risks involved in the crypto space and the importance of staying vigilant against potential scams and fraudulent activities. It is crucial for the community to work together to uphold the integrity and credibility of the blockchain industry.
This article was originally published as Bubblemaps Warns: Fake Eric Trump Token Poses Risks of Becoming Rug-Making Scheme on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.