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After Binance suffered a $6.3 billion theft, multiple exchanges upgrade security measures.

Oct 31, 19:02

On October 31, according to The Financial Times, following the $6.3 billion theft at Binance, several cryptocurrency exchanges are strengthening security measures and informing customers about the status of their funds' safety.

Coinbase Chief Security Officer Jeff Lunglhofer stated that the company has made partial adjustments to its cold storage systems as a precaution. Gemini has implemented additional alerts and restrictions for fund transfers, while Kraken stated it is closely monitoring developments and that platform services are currently operating normally.

OKX CEO Star Xu called on the industry to establish a real-time security incident reporting mechanism, strengthen collaborative monitoring of suspicious funds, improve rapid response capabilities to potential attacks, and enhance defenses against emerging AI-driven security threats.

Additionally, Coinbase Product Vice President Will Megson stated that the company is significantly upgrading its telephone protection measures to help users guard against scam calls.


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