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Gate Discloses 88.26% Cold Storage Share in New PoSEC Framework

Gate Discloses 88.26% Cold Storage Share in New PoSEC Framework

Photo: Crypto Economy

Gate has introduced a Proof of Security (PoSEC) framework that publicly discloses how its assets are divided between cold storage and hot wallets. Based on a November 4 snapshot, 88.26% of Gate’s assets were in cold storage and 11.74% in hot wallets. The crypto exchange reported a 104.58% cold storage coverage ratio, meaning cold assets ... Read more

Source: Crypto Economy

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