Gate.io’s Proof of Reserves Report for May 2024 Reveals $6.49 Billion Total with 115.34% Ratio

Gate.io was among the pioneers in embracing Proof of Reserves (PoR) in 2020 and has continuously improved its reporting techniques. The audited PoR approach, commended by the renowned blockchain security firm Hacken, has been made available as open-source to foster broader industry involvement. The exchange’s unwavering dedication to thorough reporting and transparency is evident through recent enhancements, including more frequent reporting, expanded coverage, and the implementation of zero-knowledge technology for enhanced privacy and security.