Cryptocurrency exchanges are often considered to be the lifeblood of this industry. They offer liquidity, convenience, and expose millions of people to different digital assets. Unfortunately, these platforms are also susceptible to different types of hacks and manipulation. It appears Gate.io has some concerns to address in this department.
Researchers at ESET are closely monitoring any development in the world of cryptocurrencies. That is only normal, as this industry has been prone to a lot of malicious actors in the past. More specifically, the number of exchanges being hacked and funds being stolen has increased significantly in recent years. Avoiding any future issues is of the utmost importance as more time progresses.