A major Korean crypto platform just made a drastic move after getting hit by hackers. They lost around 44.5 billion KRW from their hot wallet in a security breach, and now they're basically going nuclear on their storage strategy.

Their solution? Push nearly everything into cold storage. We're talking about moving to 99% cold wallet allocation, which means almost zero funds staying in hot wallets that are connected online. That's a massive shift in how they're protecting user funds.

This kind of aggressive response shows how serious the threat landscape has become. When a platform of this scale decides to keep barely anything in hot wallets, it's a clear signal that they're prioritizing security over operational convenience. The trade-off is longer withdrawal times, but after losing that much money, you can't really blame them for going ultra-conservative on asset protection.