🚨 DO YOU KNOW SOUTH KOREA JUST CHANGED THE RULES ON HACKS?
Its FSC will let crypto exchanges freeze deposits and withdrawals when a hack is only SUSPECTED, not confirmed.
Exchanges also need 24/7 monitoring, more cold storage and bigger insurance reserves.
Why is this a big deal? Faster freezes can stop a drain before it spreads.
Safer exchanges or more frozen funds? 👇
Its FSC will let crypto exchanges freeze deposits and withdrawals when a hack is only SUSPECTED, not confirmed.
Exchanges also need 24/7 monitoring, more cold storage and bigger insurance reserves.
Why is this a big deal? Faster freezes can stop a drain before it spreads.
Safer exchanges or more frozen funds? 👇
