TREE NEWS update: Gate, the exchange serving over 60 million users, launched a security column with blockchain security firm BlockSec covering phishing, social engineering and insider attacks. BlockSec, founded in 2021, serves over 1,000 clients and has protected more than $50 billion in on-chain assets. Gate said new withdrawal addresses face a 24-48 hour cooling-off period, and its latest proof-of-reserves audit by HACKEN showed $8.215 billion in total reserves at a 127% ratio.
Gate and BlockSec Launch Security Series on Phishing and Account Theft
Security education is becoming a competitive feature for exchanges, not just a compliance checkbox, as phishing and social engineering remain the most common vectors for retail account theft. The pairing of a large exchange with a specialist firm signals that user-side risk is now treated as a shared infrastructure problem. The more telling detail is the operational friction — a cooling-off period on new withdrawal addresses — which trades convenience for a window to catch compromised accounts. Whether such measures become standard across venues, or stay a differentiator, is the open question.
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