#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
EIP-7702 smart account now has eyewash, GoPlus Security issues a warning
According to Mars Finance, GoPlus Security has warned today that with the Pectra upgrade, thousands of users have enabled EIP-7702 smart accounts, leading to the emergence of a dangerous phishing eyewash. Through contract code analysis, it was discovered that the malicious Delegator address (0x930fcc37d6042c79211ee18a02857cb1fd7f0d0b), once authorized, will automatically redirect ETH from user accounts to the scammer's Wallet. Security experts remind users: only authorize the 7702 feature through official Wallet applications, do not click on external links or the "upgrade" option in emails, and always verify the Source Code of the contract.