CryptoSlate reports that Gate has announced a 104% cold reserve coverage. However, the methodology for its hot-wallet loss test raises concerns due to differing measurement bases. Additionally, independent verification of its Proof of Solvency (PoSEC) data is still ongoing, which adds to the uncertainty surrounding these claims.
Based on the CryptoSlate report; not independently verified.
Source published: Fri, 06 Nov 2026 00:40:44 +0000
[Read the original report](https://cryptoslate.com/gate-boasts-104-cold-reserve-coverage-but-separate-snapshot-dates-raise-red-flags/)
CNM Watchlist + audio
Introductory US$5/month. Follow up to 20 tokens and companies, see relevant developments and in-app risk alerts, and listen to on-demand summaries.
- What changed / why it matters / watch next
- Story summaries, all news desks and custom audio briefings
- Shared cached audio; new generation subject to service limits
Watchlist does not unlock additional premium article sections. Free account creation does not start a paid subscription. No automatic trial.