[Gate CEO Calls for Crypto Security Alliance, Proposes 48-Hour Withdrawal Delay] Odaily Planet Daily reports that Lin Han, founder and CEO of cryptocurrency exchange Gate, has called on the crypto industry to immediately form a security alliance to standardize security standards, intrusion detection protocols, and emergency response mechanisms to address security incidents similar to the one experienced by Binance, which resulted in approximately $6.3 billion in losses. Gate also proposed promoting a vault solution with split keys, distributing private keys to users, Gate, and recovery partners. Funds could only be transferred if at least two of these parties are compromised. A 48-hour delay would be implemented for vault withdrawals to freeze user funds. Gate stated that it has flagged the relevant hacker addresses and will freeze any illicit funds transferred to its platform. (Bitcoin.com News)