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ETH $1,914.41 +0.03%
BNB $603.08 +2.10%
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SOL $75.81 +2.63%
TRX $0.3295 +0.64%
DOGE $0.0700 +0.09%
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LINK $8.30 +1.43%
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AAVE $90.85 +1.42%
SUI $0.6888 +1.38%
XLM $0.1637 +0.98%
ZEC $511.83 +0.88%
BTC $64,831.79 -0.08%
ETH $1,914.41 +0.03%
BNB $603.08 +2.10%
XRP $1.03 +0.62%
SOL $75.81 +2.63%
TRX $0.3295 +0.64%
DOGE $0.0700 +0.09%
ADA $0.1990 -0.38%
BCH $215.60 -0.09%
LINK $8.30 +1.43%
HYPE $55.10 +1.71%
AAVE $90.85 +1.42%
SUI $0.6888 +1.38%
XLM $0.1637 +0.98%
ZEC $511.83 +0.88%

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Coldcard has suspended the automatic deletion of customer data due to a security incident and will retain relevant records in accordance with the law

The cryptocurrency hardware wallet manufacturer Coldcard has released an update on its customer data retention policy. Due to legal compliance requirements arising from the security incident disclosed on July 30, the company has temporarily suspended its original automatic customer data deletion mechanism.Previously, Coldcard's standard practice was to automatically clear customer records after 120 days, retaining only the user's email address and country information, while allowing customers to request early deletion of data at any time after product delivery. Coldcard stated that due to the security incident involving ongoing and potential legal proceedings, the company is obligated to retain records that may be relevant to litigation. Therefore, customer data that was originally scheduled for deletion will be temporarily retained until the law permits the resumption of normal processes.However, users can still request Coldcard to handle their personal information according to the original data retention policy. If users wish for their data not to be included in this legal retention scope, they can contact official customer service to make a request. Coldcard emphasizes that the retained data will be strictly protected, accessible only to authorized personnel, and will not be used for any purposes other than fulfilling legal obligations. The company will restore the previous automatic data deletion mechanism once legally permissible.

The Federal Reserve's hawkish expectations are rising, and Gate institutions are helping professional users seize cross-market allocation opportunities

According to Gate's latest weekly report, the Federal Reserve maintained interest rates, but hawkish expectations have risen. The high interest rate environment combined with the deleveraging effects of derivatives has put overall pressure on the crypto market, with BTC and ETH dropping approximately 2.8% and 3.6%, respectively. Meanwhile, U.S. stocks continued to recover last week. In terms of capital flow, BTC spot ETFs have turned to net outflows, while ETH spot ETFs still maintain a slight net inflow, showing some resilience in institutional capital allocation.On-chain, PancakeSwap's weekly trading volume surpassed Uniswap, and the Robinhood Chain, RWA, and Meme ecosystems remain active. In the derivatives market, BTC open interest (OI) rose and then fell, with funding rates remaining positive, and DVOL continuing to decline, while the market overall still maintains high-level fluctuations.In response to the evolving macro policies, institutional capital flows, and on-chain ecosystems, Gate is continuously building a multi-asset trading system covering digital assets, stocks, indices, foreign exchange, and commodities. Relying on institutional-level trading, liquidity, custody, lending, asset management, and API services, it provides professional investors with a one-stop institutional solution.At the same time, Gate is continuously improving its global institutional ecosystem layout, strengthening trading execution efficiency, cross-market liquidity, and risk management capabilities, helping institutional clients respond more efficiently to market fluctuations and seize global asset allocation and structural trading opportunities.
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