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Crypto Firms Discuss Security Alliance as Binance Founder Seeks U.S. Help

Crypto Firms Discuss Security Alliance as Binance Founder Seeks U.S. Help

Photo: TokenPost

Crypto firms are discussing a security alliance to share security experience and coordinate efforts to freeze stolen funds, as Binance founder 赵长鹏 (CZ) seeks U.S. help against North Korean hacking activity. The alliance remains under discussion. Plans include exchanging security experience, reviewing participating organizations through cross-audits and coordinating faster freezes of stolen funds. Gate founder and CEO Dr. Han previously called for a shared security alliance after a Binance security incident. CZ said North Korean hacking activity poses a risk to crypto platforms and traditional finance.

Source: TokenPost

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