Gate crypto exchange and its chief business officer Kevin Lee have refuted hack rumors and confirmed all funds are safe. The move comes immediately after some sources claimed the exchange may have suffered a hack and recommended users to withdraw their funds. Meanwhile, the community has slammed the recurrent posts regarding Gate hack.
Varinder Singh is an Editor at CoinGape Media. With a decade of experience in the Fintech sector, he has spent over five years focusing on blockchain, crypto, and Web3 developments, covering the latest updates and innovations in the crypto industry. Varinder's insights and expertise have been featured in Crypto Insider Review, CoinGape News, Elk Grove Citizen, and CMYK Printech Ltd.