Gate CEO seeks crypto security alliance after $6.3B Binance hack
AI summary
Gate founder and CEO Lin Han is calling for a cryptocurrency security alliance to standardize how exchanges prevent and respond to security incidents, following a $6.3 billion hack that hit Binance on Thursday. The proposal aims to create shared procedures for handling breaches across the industry. Traders would read the scale of the Binance loss and the push for collective security standards as a confidence hit for exchange risk, though coordinated industry action could soften the longer-term blow.
Narrative history
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1H AGOYou’re reading thisGate CEO seeks crypto security alliance after $6.3B Binance hackBitcoin.com News · Score 72
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3H AGODecrypt · Score 55 · via $6.4B Binance, $6.4B
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3H AGOCoinDesk · Score 55 · via $6.3B Binance, $6.3B
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5H AGOcrypto.news · Score 85 · via $6.3B, hack
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6H AGOCoinDesk · Score 25 · via Binance hack, hack
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6H AGOCointelegraph · Score 85 · via $1.6B, Binance hack
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6H AGOCoinDesk · Score 85 · via Binance hack, hack
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7H AGOThe Defiant · Score 55 · via withdrawals stay, withdrawals
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8H AGOUnchained · Score 82 · via North Korea, TRM
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9H AGOCoinDesk · Score 85 · via Binance hack, $6.3B Binance
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10H AGOcrypto.news · Score 85 · via Binance hack, hack
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11H AGOcrypto.news · Score 92 · via $6.3B Binance, $6.3B
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12H AGOCointelegraph · Score 72 · via $6.3B Binance, $6.3B
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12H AGOCryptoSlate · Score 85 · via TRM, TRM Labs
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12H AGOU.Today · Score 85 · via $6.3B Hack, Hack
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13H AGOThe Defiant · Score 82 · via Binance hack, $6.3B
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13H AGOCrypto Briefing · Score 82 · via laptop, $6.3B
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13H AGOThe Defiant · Score 85 · via Binance hack, hack
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14H AGOCoinDesk · Score 88 · via Binance hack, $6.3B Binance
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14H AGOCoinDesk · Score 75 · via Binance hack, hack
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14H AGOCryptoPotato · Score 90 · via $6.3B hack, $6.3B
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15H AGOThe Block · Score 85 · via Binance hack, Bitcoin slides
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18H AGOCryptoSlate · Score 85 · via $6B, Binance hack
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18H AGOCointelegraph · Score 85 · via hack rattles, rattles
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18H AGOBitcoin Magazine · Score 95 · via hack, suspected Binance
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20H AGOCrypto Briefing · Score 72 · via Binance hack, freezes
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20H AGOBeInCrypto · Score 95 · via Tether freeze, freeze
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20H AGOCrypto Briefing · Score 78 · via Binance hack, freezes
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20H AGOCoinDesk · Score 85 · via Binance hack, hack
