Exchanges1 source
Crypto exchanges need dollar caps on hot wallets, CertiK says
Headline from Cointelegraph
Key points
- Blockchain security firm CertiK recommends that cryptocurrency exchanges implement specific dollar limits on their hot wallet holdings to manage online exposure effectively.
- While storing funds in cold storage offers protection, the firm emphasized to Cointelegraph that cold storage alone should not be viewed as a standalone security score for evaluating exchange safety.
Summarized automatically by Kryptokite from reporting by Cointelegraph. Read the original sources for full detail.
Sources
- CointelegraphCrypto exchanges need dollar caps on hot wallets, CertiK says · 2 hours agoRead on Cointelegraph
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