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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
Base content coin trading has experienced big pump and big dump within 24 hours, raising doubts about the profits made by three Wallets that bought in advance.
Gate.io News bot message, Base recently released a post in collaboration with Zora, which automatically generated tradable Tokens. The market capitalization of these Tokens rose from 0 to $17 million in 69 minutes, before falling by about 90%.
The data shows that the three unknown wallets had made a large number of purchases before the official announcement and sold them at the price high, making a profit of $666,000. Base calls this an "on-chain culture" experiment and distinguishes between the concepts of "content coins" and "meme coins". Among them, Content Coins represent a single piece of content and have no high expectations, while Meme Coins aggregate content and have high expectations.
The community has questioned this event, believing that retail investors suffered significant losses in the process, while Base profited from transaction fees without bearing corresponding responsibilities. On the same day, another Token launched by Base also experienced a fall.
Source: wublock123