According to the Financial Times, following the $6.3 billion theft from Binance, several cryptocurrency exchanges are stepping up security measures and informing customers about the safety of their funds. Coinbase Chief Security Officer Jeff Lunglhofer stated that the company has made some adjustments to its cold storage system "out of sheer prudence." Gemini has added warnings and restrictions for fund transfers; Kraken stated that it is closely monitoring the situation and that its platform services are operating normally. OKX CEO Star Xu called for the industry to establish real-time security incident reporting, collaborative monitoring of suspicious funds, and rapid response mechanisms for potential attacks, while strengthening defenses against emerging AI-driven security threats. Coinbase Vice President of Product Will Megson also stated that the company is significantly upgrading its telephone protection measures to protect users from scam calls. As of the time of this report, withdrawals remain suspended. Blockchain tracking company TraderTraitor attributed the attack to the North Korean-affiliated hacking group TraderTraitor. Chainalysis stated that after funds left Binance, attackers used automated tools to transfer the stolen money on the Tron network and warned all exchanges to remain vigilant. https://www.(wublock123.com)/news/exchanges-tighten-security-coinbase-updates-cold-storage-71087