Gate.io, a leading cryptocurrency exchange, announces its plan to upgrade its Proof of Reserves (PoR) guarantees by integrating zero-knowledge (ZK) proof technology. This innovation is expected to bolster the privacy and security of users’ asset verification processes during PoR validation. A Pioneer in Proof of Reserve Cryptocurrency exchanges have long grappled with concerns over the misappropriation of user deposits, a risk that can trigger fund losses, insolvency, and even bank run-like scenarios. Gate.io, a pioneer in the realm of...