ChainCatcher news, cryptocurrency exchange platform Gate.io issued a statement indicating that the Gate.io security team found no anomalies, and security agencies reported no issues. Deposits, withdrawals, and trading are operating normally, please do not believe rumors.Gate.io maintains a 100% reserve, with the latest reserve amount exceeding 10 billion dollars.

ChainCatcher message, ALEX posted on platform X stating that they are working with exchanges and partners to conduct an attacker tracking investigation, and will use the reserves held by ALEX Lab Foundation to support the affected communities.

According to ChainCatcher news, data from Circle's official website shows that from June 22 to June 29, Circle issued approximately 500 million USDC and redeemed about 1 billion USDC, resulting in a decrease of about 500 million in circulation. As of June 29, the circulation of USDC was 27.9 billion, with reserve funds of 28.1 billion USD. (Source link)

According to ChainCatcher, the Circle Reserve Fund website shows that the fund's managed assets of $24 billion have now all been converted to overnight repurchase agreements. According to Circle's monthly certification report, this is a significant change since the end of April, when the fund held over $30 billion in U.S. Treasury bonds, with the last remaining $4 billion in U.S. Treasury bonds maturing on Tuesday.ChainCatcher previously reported that Circle CEO Jeremy Allaire stated in an interview that Circle has adjusted its reserve portfolio supporting USDC to include short-term U.S. Treasury bonds, thereby avoiding potential U.S. debt default. The company no longer holds U.S. Treasury bonds maturing after early June. (source link)

ChainCatcher message, the Aave community has initiated a proposal to freeze the BUSD reserves on Aave V2. The proposal states that BUSD has no growth prospects in the future, and the most reasonable approach for Aave is to freeze the reserves and invite users to switch to another stablecoin within Aave.Currently, the total supply of BUSD on Aave V2 on Ethereum is approximately 13.69 million, with a total borrowing amount of 11.06 million. (source link)

ChainCatcher news, according to The Wall Street Journal, currently the $39 billion USDT reserves of the stablecoin issuer Tether are managed by Wall Street bond trading giant Cantor Fitzgerald.Tether reported earlier this week that as of the end of 2022, its assets amounted to $67 billion, of which $39.2 billion were U.S. Treasury bonds, with the remaining assets being money market funds and cash.It is reported that Cantor Fitzgerald is privately owned and led by Howard Lutnick, and is one of the most well-known bond traders on Wall Street, as well as one of the 25 primary dealers of U.S. Treasury bonds that can trade directly with the Federal Reserve. (The Wall Street Journal)

ChainCatcher news, the issuer of the dollar stablecoin USDC, Circle, released the reserve report for December 2022, which was audited by Grant Thornton accounting group. The report details the composition of the reserve treasury of the stablecoin issuer Circle, which currently supports approximately 44.55 billion USDC with about 44.69 billion dollars in custodial accounts, a significant portion of which is in U.S. Treasury bonds.Circle's reserve fund is registered as a government money market fund, fully owned by Circle, and includes 14 different U.S. bonds valued at over 23.5 billion dollars. The fund also holds 48.9 million dollars in cash. U.S. banks holding Circle's cash reserves include Bank of New York Mellon, Citizens Trust Bank, Customers Bank, New York Community Bank, Signature Bank, Silicon Valley Bank, and Silvergate Bank. (Cointelgraph)

ChainCatcher news, Crypto.com CEO Kris Marszalek posted on social media, revealing multiple cold wallet addresses for the platform's approximately $3 billion reserves, including about 53,024 BTC, 391,564 ETH, and other assets.Kris Marszalek added that this is just a part of Crypto.com's reserve funds, and in the coming weeks, Crypto.com will provide a complete audited proof of reserves to confirm the full 1:1 backing of all customer assets. (source link)