Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s

TLDR — Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied.
Signal data▼ Bearishconfidence 90%High materiality
AssetEventexchange-incidentEvent timeAttention0 readers/hrNormalSmart readers0
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.
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