The post Gate and Bybit Publish Latest Proof of Reserves, Full Transparency, Strong Coverage appeared com. Two of crypto’s biggest exchanges, Gate. io and Bybit, have released new Proof of Reserves (PoR) reports, reaffirming transparency and user fund safety at a time when exchange trust remains critical. Both reports reveal billions in verified assets, with major holdings such as Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDT and USDC showing strong coverage, and in some cases, large excess holdings beyond user balances. Gate. io’s Latest Audit: 124% Total Reserve Ratio @Gate published its latest quarterly Proof of Reserves report, confirming a 124% total reserve ratio across nearly 500 digital assets. The report shows Gate holding $11. 68 billion in total reserves, comfortably above the 100% benchmark required for full coverage of customer deposits. Key asset breakdown: BTC: 24, 833 held vs. 18, 536. 99 user balance (+33. 96% excess) ETH: 419, 096 held vs. 332, 801. 81 user balance (+25. 93% excess) USDT: 1. 58B held vs. 1. 33B user balance (+18. 74% excess) USDC: 164. 91M held vs. 66. 58M user balance (+147. 69% excess) (BTC trades at $105,940 and ETH at $3,690, CoinMarketCap data.) Beyond the major assets, Gate also shows robust reserves in native and alt holdings: GT (GateToken): 150. 98% coverage DOGE: 108. 12% coverage XRP: 116. 66% coverage In total, the exchange reports no asset undercollateralized, a strong signal for users during an uncertain market week. The full report and Merkle Tree verification are now public, enabling anyone to confirm asset backing. Gate releases the latest Proof of Reserves Report 📊 As of October 28, 2025:🔹 Total reserves: $11. 676B🔹 Total reserve ratio: 124%🔹 Covering nearly 500 types of user assetsTC, TH, and SDT excess reserve ratios continue to increase, where T, OGE, and RP all. pic. twitter. com/D26OXknkM8 Gate (@Gate) November 3, 2025 Bybit’s 27th Proof of Reserves: Stablecoin Inflows Surge @Bybit_Official also released its 27th Proof of Reserves snapshot, taken on October 22, 2025. The data offers a transparent look at.
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MEXC Returns $3 Million, Admits Misstep in Account Freeze
The post MEXC Returns $3 Million, Admits Misstep com. Key Points: MEXC returns $3 million to influencer after community backlash. The White Whale to distribute funds to supporters and nonprofits. 65% of users withdrew funds post-apology; MX token drops 3. 5%. On November 1st, MEXC’s Chief Strategy Officer Cecilia Hsueh apologized and returned $3 million to crypto influencer The White Whale after initially freezing his account over alleged trading violations. This case highlights issues surrounding centralized exchange practices, transparency, and user protection, with substantial community engagement prompting policy reform at MEXC. The MEXC token saw immediate market impact. MEXC’s Apology and Market Reaction Cecilia Hsueh admitted mistakes in MEXC’s operational processes, apologizing publicly on behalf of the exchange. The White Whale’s account, frozen for allegedly non-manual trades, triggered a public campaign for the funds’ return. Chain detective ZachXBT supported the influencer, bolstering community pressure on MEXC. The exchange’s decision to return the $3 million marked a pivotal moment in the influencer’s campaign, as the funds are earmarked for distribution to supporters and dedicated nonprofit causes. The incident has renewed calls for improved transparency in exchange operations. The public apology from MEXC sparked a notable market reaction, as $39 million in assets flowed out of the exchange, reflecting eroded trust among users. The MX token saw a 3. 5% price drop immediately following the disclosure, further indicating investor apprehension about asset security. Centralized Exchange Transparency and Regulatory Implications Did you know? Centralized exchanges like MEXC have faced similar backlash historically, notably Binance and FTX, in response to perceived opaque fund management practices. Public outcry has occasionally driven comprehensive reforms but rarely included such a transparent redistribution as in this incident. MX Token, following the return of frozen funds, was valued at $2. 26 with a market cap reaching $209 million. The token saw a 1. 3% increase over the past 24 hours, though it.
XRP Bulls Target $5, While Ozak AI Price Prediction Aims for Triple-Digit ROI
The post XRP Bulls Target $5, While Ozak AI Price Prediction Aims for Triple-Digit ROI appeared first 10 and resistance at $2. 80, $3. 50, and $5. 00 guide the next major move. While XRP’s structure and liquidity make it a solid large-cap play, its upside is naturally capped compared to early-stage projects like Ozak AI, which is.