🧊 Korean exchange GOPAX halted trading and withdrawals to move all its assets to cold storage, per Cointelegraph. Cointelegraph also reports the $6.3B Binance hack leaves questions over hot wallet safeguards.
Exchanges worldwide are rushing to prove they can survive a hack.
A short pause to move to cold storage is:
1️⃣ A smart move
2️⃣ A red flag
3️⃣ It depends on how long it lasts
I'm taking 3️⃣. A short, announced pause is fine. No timeline is the red flag. Reply 1, 2 or 3 👇
$BNB #BinanceSquare #WriteToEarn
Exchanges worldwide are rushing to prove they can survive a hack.
A short pause to move to cold storage is:
1️⃣ A smart move
2️⃣ A red flag
3️⃣ It depends on how long it lasts
I'm taking 3️⃣. A short, announced pause is fine. No timeline is the red flag. Reply 1, 2 or 3 👇
$BNB #BinanceSquare #WriteToEarn
