News · Cryptocurrency & Blockchain
Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.
This is a short summary of a report by a third-party publisher. Newsline Press did not produce the original reporting.
Read the full story at CoinDeskOriginal publisher: CoinDesk
This content is for information only and is not investment advice. See our disclaimers.
Spotted an error? Request a correction · Corrections Policy
Related stories
Bitcoin price dips under $75K as crypto markets miss tech-stock rebound
BTC price action stayed weak after US nonfarm payrolls data significantly beat forecasts, increasing bets of a December interest-rate hike.
Cointelegraph ·
U.S. prediction markets regulator issues demand that clashes directly with courts
The Commodity Futures Trading Commission said regulated exchanges can't cut off customers state-by-state, but firms like Kalshi are under court orders to do so.
CoinDesk ·
Canton’s CNTN Trades Show Settlement Works. Liquidity Is the Next Test
Canton Strategic’s first reported tokenized stock trades demonstrate a path from brokerage holdings to onchain ownership and atomic settlement. A credible market requires a different evidence set: repeat trading, executable depth, spreads and operational continuity.
Marcus Chen ·
The crypto industry has found new ways to grow. Making money from them is another story
Coinbase, Robinhood and Circle are expanding into stablecoins, payments and prediction markets, but their latest earnings show how hard it is to escape crypto's boom-and-bust cycles.
CoinDesk ·
What Democrats’ US midterm sweep means for the CLARITY Act
The CLARITY Act faces a new test as Democrats control Congress, raising questions over consumer protections, ethics and what the crypto industry may have to concede.
Cointelegraph ·
Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
Cointelegraph ·