With cryptocurrency losses from cyberattacks totaling $8.7 billion between 2021 and 2023, Gate.io’s security team is urging the industry to prioritize asset protection. They emphasize that a robust security infrastructure is critical for safeguarding users’ assets amid escalating cyber threats. Gate.io advocates for multi-layered security measures, including two-factor authentication (2FA), hardware wallets, and 100% proof of reserves. They call for increased investment in security systems to mitigate risks and promote a safer crypto environment. Collaboration across the industry will be essential to address the growing sophistication of cyberattacks and build a more secure ecosystem.