South Korea Considers Raising Crypto Exchanges' Cold Wallet Requirement to 99% Following Binance Hack According to News1, South Korea’s Financial Services Commission is…
Wu Blockchain Published: 2026-11-03 12:41 UTC Collected: 2026-11-03 13:57 UTC Original language: Not supplied by source
South Korea Considers Raising Crypto Exchanges' Cold Wallet Requirement to 99% Following Binance Hack
According to News1, South Korea’s Financial Services Commission is considering raising the minimu…
South Korea Considers Raising Crypto Exchanges' Cold Wallet Requirement to 99% Following Binance Hack
According to News1, South Korea’s Financial Services Commission is considering raising the minimum cold wallet storage requirement for crypto exchanges from 80% to around 99% following the recent Binance hack. Upbit reportedly holds over 99% of customer assets in cold wallets, compared with roughly 94% at Bithumb and 85% at Coinone. Industry participants warn that stricter requirements could delay withdrawals and increase operational burdens, particularly for smaller exchanges. The proposal remains under discussion and has not been adopted.
Collected source wording; claims are attributed to the source and are not independently verified here.
AI context is not available for this statement. The original source can be read independently.
This is a collected public statement, not a new announcement by Atlas Pulse AI. Read the original source for full wording and publication context.
ZachXBT Suspects European Institution Is Covering Up Crypto Breach, Says $30M Could Have Been Frozen Blockchain investigator ZachXBT said he identified more than $27 million in additional suspicious withdrawals from centralized exchanges, bringing the total linked to a suspected
U.S. Bitcoin ETFs Shed $399 Million, Ether Funds Lose $140 Million According to SoSoValue, U.S. spot Bitcoin ETFs recorded $399 million in net outflows on November 2, while Fidelity's FBTC led individual fund inflows with $6.68 million. Spot Ethereum ETFs saw $140 million in net
Solana Wallet Solflare Goes on High Security Alert Amid Recent Crypto Attacks Solflare co-founder Vidor said the Solana-based crypto wallet has entered a heightened state of security alert following a series of recent security incidents across the crypto industry. The team has re
