#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
IRISnet is scheduled to upgrade to Mainnet 4.0 on March 30, introducing cross-chain NFT functionality
Odaily Planet Daily News IRISnet team announced that they plan to upgrade to version 4.0 of the Mainnet on March 30, 2025. This upgrade will introduce the Cross-Chain Interaction Non-fungible Token feature, enhance Cross-Chain Interaction interoperability, and optimize network performance. Validators and Node operators need to be prepared before the upgrade to ensure a smooth network transition.