Gate officially launched its new Proof of Security (PoSEC), becoming the first exchange to introduce the PoSEC security proof system, extending security verification from reserve adequacy to storage structure and extreme risk coverage. According to Gate's official website, as of 08:00 (UTC+8) on November 4th, the platform's cold storage coverage reached 104.58%, with cold storage and hot wallet assets accounting for 88.26% and 11.74% respectively. This means that even if all hot wallet assets are lost, cold storage assets are still sufficient to fully cover all user assets. This data is currently being verified by an independent third-party auditing firm and will be published on the official website. Gate previously launched the open-source Proof of Reserves (PoR) solution in 2020; PoSEC aims to provide the industry with a more transparent storage security standard. https://www.(wublock123.com)/news/news-71426