HashKey Global exchange details its series of safeguard measures for the security of user funds. (Previous summary: BingX exchange confirmed that the hot wallet was hacked: withdrawals are temporarily suspended and a full compensation plan is being formulated) (Background supplement: News flash "BingX exchange is suspected of being hacked, with a massive outflow of over 24 million US dollars in tokens) This article is The editorial article is written and provided by HashKey Global. It does not represent the position of Dongzhong, nor is it investment advice, purchase or sale advice. See the liability warning at the end of the article for details. Recently, security incidents have occurred frequently in the encryption industry, and financial security has always been the core concern of users. HashKey Global maintains a leading position in this field, relying on strict compliance systems and asset security measures to create a safe and reliable trading environment for global users. Separation of hot and cold wallets ensures fund security. In terms of security, HashKey creates an advanced wallet management system and defines fund security standards for the industry. HashKey Global stores 90% of its digital assets in independent cold wallets and 10% in hot wallets. Storing most assets in cold wallets greatly reduces the risk of large-scale losses. We always give top priority to asset security and provide users with more reliable protection. Insurance institutions underwrite user assets. In the past industry, there were few precedents for insurance companies to underwrite virtual asset exchanges. Licensed exchanges are required to provide insurance protection for user assets in accordance with the requirements of the supervisory authority. OneDegree, the world's leading professional insurance institution, has partnered with HashKey to underwrite assets managed on the platform. Mentioned in a public interview, “In extreme cases, such as a hot wallet being attacked and stolen, our insurance company will compensate for the loss. Under such multiple protection measures, the asset damage events that have occurred in history have This situation is almost impossible to happen in our process. The four major audit and compliance review audit companies are an important line of defense to ensure platform compliance. There are currently three audit institutions that cooperate with HashKey: KPMG for external audit, PricewaterhouseCoopers for internal audit, and Ernst & Young for code audit. Three of the world's four largest accounting firms help HashKey audit, which is not to say that it is not strict. HashKey undergoes regular audits and compliance inspections by the Big Four accounting firms to ensure that its operations comply with international standards.This transparency not only enhances HashKey’s credibility but also provides investors with additional security. Since its launch in April, HashKey Global has achieved rapid development and quickly ranked among the top 10 exchanges in the world (CoinGecko ranking). Through transparent compliance processes and strong security guarantees, HashKey has won the trust of users, attracted a large number of investors and partners, and has become a model for compliance platforms in Asia and even the world. HashKey will continue to invest more resources to provide more users with an excellent digital asset trading experience. ＿＿＿＿＿ Editor's disclaimer: The content of this article is a publicity manuscript provided by the contributor. The contributor has no relationship with the Dongzhong District, and this article does not represent the position of the Dongzhong District. This article is not intended to provide any investment, asset advice or legal advice and should not be considered an offer to buy, sell or hold assets. Any services, solutions or tools mentioned in the content of Guangxuan manuscripts are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor. Dongguan is not responsible for any possible risks or losses and reminds readers to proceed. Be sure to check carefully before making any decisions or actions. Related reports Anti-hacking guide: Learn these basics to protect personal crypto assets. MAX Exchange’s “card withdrawal” has caused heated discussions. The official clarification: fraud is rampant and the risk control mechanism has been strengthened. 230 million magnesium was stolen from WazirX, India’s largest exchange! Hackers sold a variety of tokens: SHIB, WRX... plunged more than 10% (continuous updates) "Hot and cold separation + asset underwriting, HashKey Global takes the lead in security and compliance construction" This article was first published on BlockTempo in the dynamic area " DongZuDongTren - the most influential blockchain news media.