Gate Launches PoSEC Proof-of-Security, Cold Storage Coverage Hits 104.58%

Gate's move shifts the disclosure race from simple reserve ratios toward storage architecture and risk protection, a harder claim to verify and a more meaningful one if third-party attestation holds up. The cold storage coverage figure above 100% and the heavy cold-wallet weighting suggest a conservative custody posture, though the framework's value depends entirely on the auditor's scope and methodology. Whether other exchanges adopt comparable structural disclosures, and how the published report defines its verification boundaries, is the open question worth watching.