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Gate sees $207M net outflows in 7 days after user theft incident

Covered by 3 sources · 3 articles

3 outlets - including Coinfomania, Cryptonomist and Cryptobriefing - are covering this story. Gate has experienced significant net outflows following a user theft incident, raising concerns about user trust and market dynamics. The post Gate Records Major Outflows After Theft Incident — What This Means for Traders appeared first on…

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Coinfomania Jul 11, 22:38 UTC

Gate Records Major Outflows After Theft Incident — What This Means for Traders

Gate has experienced significant net outflows following a user theft incident, raising concerns about user trust and market dynamics.

$207M gone in a week: Gate net outflows surge after theft
Cryptonomist Jul 11, 19:44 UTC

$207M gone in a week: Gate net outflows surge after theft

A user theft incident at Gate has triggered a sharp exodus of funds, with $207 million in net outflows recorded over just seven days, according to data from DeFiLlama. The numbers place Gate net outflows from the theft fallout squarely in s…

Gate sees $207M net outflows in 7 days after user theft incident
Crypto Briefing Jul 11, 16:27 UTC

Gate sees $207M net outflows in 7 days after user theft incident

Gate.io's prolonged outflows highlight a critical trust deficit, underscoring the need for transparent security measures and user assurance in crypto. The post Gate sees $207M net outflows in 7 days after user theft incident appeared first…