Odaily Planet Daily reports that CoinGecko has migrated its centralized exchange Trust Score cybersecurity rating from CER.live to Hacken’s risk infrastructure platform CORE3, covering 166 exchanges, and introduced a framework emphasizing proactive risk assessment. CORE3 data shows that among the 193 exchanges evaluated, approximately 48% provided no evidence of proof-of-reserves, penetration testing, or bug bounty programs, while only about 5.2% demonstrated all three. Users can view the updated cybersecurity ratings on CoinGecko and access multidimensional risk breakdowns—including security, solvency, and transparency—and loss probability metrics on CORE3.
Nearly Half of Exchanges Lack Key Security Proofs; CoinGecko Updates Security Scores to CORE3
KuCoinFlashShare
Summary
CoinGecko has migrated its centralized exchange Trust Score to Hacken’s CORE3 platform, citing inflation data and security concerns. The update impacts 166 exchanges, with 48% lacking reserve proofs or bug bounty programs. Only 5.2% met all three security criteria. This move follows growing concerns about security breach risks in the crypto sector.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.