#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
OpenZeppelin has been funded by the Ethereum Foundation
On October 25th, it was announced that OpenZeppelin, a secure blockchain application standard, has received funding from the Ethereum Foundation. The official statement mentioned that this grant will enable the addition of modular ERC-4337 implementation, promoting account abstraction, and helping developers build more secure applications and flexible smart Wallets. In addition, the team will introduce new signature schemes such as secp256r1, BLS, and RSA to provide broader encryption support.