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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
Pudgy Penguins officially begins collaboration with the racing group NASCAR
Gate News bot message, the NFT company Pudgy Penguins announced a formal collaboration with NASCAR (National Association for Stock Car Auto Racing, the largest and most recognized racing organization in the United States to date), but did not disclose many details.
Despite the NFT market seemingly undergoing a "slow death" with a sharp decline in trading volume, and companies like Yuga Labs that once thrived are now selling off their once-valuable assets, Pudgy Penguins has shown signs of sustainable growth. In addition to an upcoming mobile game in collaboration with Mythical Games, Pudgy Penguins is also selling physical merchandise in large retail stores such as Walmart and Target, achieving a certain level of success.
This week, Pudgy Penguins announced that its merchandise is now available in 2,000 stores across the United States. The series also recently announced the launch of another game on Telegram.
Source: The Block