Binance Stays Quiet on Hot Wallet Holdings Eight Days After $6.3B Hack
Eight days after a $6.3B hack, Binance still hasn't disclosed how much it kept in hot wallets, according to Cointelegraph. Coinbase, Gate and Upbit are rushing out cold storage ratios. That split is putting exchange transparency under a spotlight.
Binance is eight days past a $6.3B hack and still has not said how much it held in hot wallets, according to Cointelegraph. The exchange's silence is the latest flashpoint in a transparency race among major platforms. Coinbase, Gate and Upbit are rushing to publish their cold storage ratios.
Cointelegraph put the missing Binance figure front and center, noting rivals have already moved to disclose cold storage ratios. The post asks whether every exchange should be forced to reveal this kind of information. It does not include an answer from Binance.
The question lands on hot wallets, where the source says Binance has not disclosed the amount. Coinbase, Gate and Upbit are named as the exchanges publishing cold storage ratios. For now, Binance's number remains the open item.
TopicsBinance · Coinbase · Gate · Upbit · Cointelegraph
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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