TREE NEWS update: Gate has launched a security education series with blockchain security firm BlockSec, focused on phishing, social engineering and identity impersonation. BlockSec co-founder Zhou Yajin said attackers bypass cryptography entirely, citing the Cheng v. T-Mobile SIM-swap case in which 15 BTC was stolen via a hijacked Telegram account. Gate said its 24-48 hour withdrawal cooling-off period locks an account’s withdrawals when new addresses or security settings are changed. Gate cited reserves of $8.215 billion at a 127% ratio, audited by HACKEN on August 19, 2026.
Gate and BlockSec Launch Security Course on Phishing and Account Theft
Related Coin Charts
AI take
The framing here is telling: security education now centers on human-layer attacks rather than cryptographic failure, and the cited SIM-swap case shows account recovery and messaging channels are the practical weak point. The cooling-off window on new addresses is the more consequential operational detail, since it trades speed for a delay that can blunt an attacker already inside an account. Whether other platforms converge on similar withdrawal friction, and whether such measures meaningfully reduce losses, is the open question worth tracking.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
42m ago
Binance Sees $3.64B Net Outflow After Repaying Most of $6.3B Stolen Assets
3h ago
Xi’an CAS Xiguang Signs Deal with Xidian University on Space-Air-Ground Network
3h ago
OKX ICE Stock-Token Objections Reach 50, Including Nvidia
3h ago
Allgens Medical faces CSRC probe over alleged false financial data
5h ago
Chengdu opens investigation into sulfur-fumigated Angelica sales
5h ago
Swell Lifts Withdrawal Pauses on swETH and rswETH After Rate Reset