According to CoinMeta, after Binance suffered a $6.3 billion theft, Coinbase, Gemini, and Kraken strengthened their security measures. The Chief Security Officer of Coinbase, Jeff Lunglhofer, adjusted the cold storage system, and the Vice President of Products, Will Megson, upgraded the phone protection measures. Gemini added alerts for fund transfers, and Kraken closely monitored the situation. Binance has controlled the compromised infrastructure and revoked the affected authorizations; withdrawals are expected to resume within 34 hours. Chainalysis attributed the attack to Tradertraitor and reminded trading platforms to be vigilant against online fund transfers. OKX CEO Star Xu called for the industry to establish a collaborative monitoring and rapid response mechanism.