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Gate says cold storage covers 104.58% of user assets under new PoSEC proof

NewsFeeds update

Gate has introduced a Proof of Security (PoSEC) framework covering asset storage structure and risk protection as well as reserve adequacy. A snapshot at 00:00 UTC on 4 Nov showed cold storage covering 104.58% of user assets, with 88.26% held cold and 11.74% in hot wallets; an independent auditor is verifying the data.

AltcoinsPANewsAIBullish

Read the original on PANews

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.