Crypto

Crypto exchanges need hard dollar caps on hot wallets, CertiK says

Summary

Blockchain security firm CertiK argues that cold storage alone is insufficient for digital asset platforms. According to the company, digital asset trading platforms should implement strict financial limits on internet-connected hot wallets to improve overall safety.

“Cold storage is a useful measure of online exposure, but it is not a standalone security score,” the cybersecurity firm told Cointelegraph.

Source: Read the full story at Cointelegraph.com News

Follow Tech & Money Press for daily watchlists and market news

XFacebookInstagramTikTok
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.
About UsContactPrivacy PolicyDisclaimer
Not financial advice. Curated headlines link to their original publishers.