Search results for Cold Wallet
Crypto
Foblgate says it holds 100.11 percent of assets against customer deposits in Q1 2026
Foblgate said on April 16 that an audit of its assets for the first quarter of 2026 showed it held assets equal to 100.11 percent of customer deposits. The audit, conducted as of April 1, covered all 70 digital assets held by the exchange. The report said the exchange maintained a system that can respond immediately to customer withdrawal requests. It said more than 80 percent of its assets are stored in cold wallets.
Crypto
XRP 2028 ultra-bullish outlook gains traction as prices slide
As bearish pressure persists across the crypto market, XRP has at times slipped below $1.30, adding to investor unease. A community figure, Adam, urged holders to buy more in a downturn, move holdings to a cold wallet and avoid watching price changes for at least 2 years. Forecasts differ: Telegaon sees up to $12.84 in 2028, while Changelly points to $3. Market views on the approach are mixed.
Crypto
Foblgate rolls out internal control training to prevent financial incidents
Foblgate said it held practical training on strengthening internal controls for all employees at its headquarters in Seoul on Feb. 25 to prevent financial incidents and protect client assets. It said the training focused on upgrading its client asset protection system and establishing stricter internal guidelines beyond compliance with the Virtual Asset User Protection Act. The company also reinforced cold wallet management, clarified security rules and strengthened escalation procedures.
