✔ VERIFIED First reported by Crypto.news · Nov 3, 13:52 UTC · updated Nov 4, 10:09 UTC
After Historic Binance Hack, South Korea Considers 99% Cold Wallet Rule for Crypto Exchanges
While a tougher cold storage rule could protect customer assets from hackers, smaller exchanges may struggle to process withdrawals quickly.
Common to all reports: South Korea · Binance · 99 · Cold · Wallet
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Confirmed by 6 sources
- Crypto.news (crypto newsroom · International) · Nov 3, 13:52 UTC · read at the source
- Crypto News (low-credibility outlet · International) · Nov 3, 13:52 UTC · read at the source
- U.Today (low-credibility outlet · Europe) · Nov 3, 15:53 UTC · read at the source
- Unchained (crypto newsroom · US) · Nov 3, 22:03 UTC · read at the source
- CryptoSlate (crypto newsroom · US) · Nov 4, 08:20 UTC · read at the source
- CryptoPotato (crypto newsroom · Europe) · Nov 4, 10:09 UTC · read at the source
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Tags: Hack/Exploit, Security
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