#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
Blast's mobile platform will be launched later this month together with an update on tokenomics
PANews reported on January 9th that Blast, the Layer2 network of ETH, announced on X platform: "The mobile platform of Blast will be launched later this month with an update of tokenomics. All Blast Dapps should ensure the distribution of points and coins to users before these changes. Coin distribution will not take place in January. All users should also ensure to log in to the Blast website using their own Wallet. The official release date will be announced soon."