Coinbase and Kraken strengthen defenses; industry calls for urgent action
1Oct 30 9:00 AM · 12d ago · 1 article · 1 source · development 1 of 2
Rival exchanges moved quickly to shore up security. Coinbase adjusted systems storing cryptocurrency keys offline 'solely out of an abundance of caution,' while Kraken said it was monitoring industry incidents for lessons. Analysts and executives stressed that security improvements must happen urgently as Trump's regulators push for deeper integration of digital assets into mainstream finance.
Straits Times
“For crypto to reach its full potential, the security situation must be addressed immediately”