Gate boasts 104% cold reserve coverage, but separate snapshot dates raise red flags
Its new hot-wallet loss test uses separate measurement bases, while independent verification of current PoSEC data remains in progress. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Its new hot-wallet loss test uses separate measurement bases, while independent verification of current PoSEC data remains in progress.
- Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
- Get The Catalyst in your inbox
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Gate Introduces Proof Of Security Framework With 104.58% Cold Storage Coverage
Gate has officially introduced Proof of Security (PoSEC), a new asset security verification framework, becoming the first digital asset trading platform in the industry to launch a PoSEC security verification system. Since its founding in 2013, Gate has…
Paraguay’s President Peña Faces Impeachment Over Ueno Bank Collapse
Paraguay’s Chamber of Deputies opened an extraordinary session on Thursday to decide whether to impeach President Santiago Peña, two days after the central bank took over Ueno Bank, one of the country’s largest lenders. The political pressure escalated hours…
Treasury bought back $6B in bonds, but dealers say bigger isn’t enough
The US Treasury bought back $6 billion of older government bonds on Nov. 4, hitting the full limit of its latest operation. On paper, that looks like a success for a program designed to make the Treasury market easier to trade. But there's a catch. One bond…