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Major Crypto Exchange Enhances Security After Recent Hacks
In light of recent security breaches across the crypto industry, a leading cryptocurrency exchange has announced a comprehensive upgrade to its security protocols. The move, announced just this morning, aims to safeguard users’ assets against sophisticated cyber threats, particularly those involving quantum computing risks.
The Security Overhaul:
- Multi-Layered Encryption: Incorporating advanced quantum-resistant algorithms to protect transaction data.
- Biometric Authentication: Introducing mandatory two-factor authentication with biometric verification for all users.
- Cold Storage Expansion: Increasing the percentage of assets stored in cold wallets, which are offline and thus harder to hack.
Why Now?
The timing of this upgrade is strategic, following a series of high-profile hacks that have shaken investor confidence. The crypto community, often described as a group of digital nomads with a penchant for security paranoia, has been waiting for platforms to step up their game.
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https://cryplish.com/breaking-news-tethers-market-cap-surpasses-120/
