CryptoUpdated Yesterday

CertiK wants dollar caps on hot wallets.

Cold storage can help describe an exchange’s online exposure, but CertiK says it cannot stand alone as a security score. It told Cointelegraph that cold storage is useful; its call is to pair that measure with hard dollar caps on crypto exchanges’ hot wallets. The distinction matters: measuring exposure is not, by itself, a grade for the whole security setup. CertiK isn’t calling for cold storage to be discarded. It wants a firm dollar boundary for hot wallets too.

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