#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
OpenSea will take down version OS1 on June 16, and the lack of support for the 'Deals' feature in OS2 has sparked controversy.
PANews, June 12, reported by Blockworks, that the NFT trading platform OpenSea announced it will fully retire version OS1 on June 16. The new version OS2 will no longer support features such as Deals, English auctions, Testnet support, and shopping carts. The platform explained that these features had insufficient usage, and there were compatibility issues between "transaction bargaining" and the ERC 721-C royalty enforcement contract. Some users expressed dissatisfaction, believing that the removal of "Deals" would increase the risk of fraud. This feature was launched in July 2023 and allowed users to customize NFT exchange options.