Gate.io Enhances Crypto Exchange Security with Multi-Layered Approach and Proof of Reserves
full version at en.coinotag
Cryptocurrency exchanges face increasing threats from sophisticated hackers. Over half a billion dollars were lost to hacks and fraud in Q2 of 2024, primarily affecting centralized exchanges. “Some exchanges don’t adequately protect user funds with cold wallets,” according to Gate.io’s Chief Security Officer. An in-depth look at the growing threats to centralized crypto exchanges reveals […]
