COINOTAG News reported on December 18 that the SlowMist Cosmos team identified critical vulnerabilities affecting fund security at two crypto exchanges. The disclosures note that officials could not be reached and no response was received after the findings were publicized, highlighting potential gaps in incident response and disclosure protocols within the sector.

In the same update, one exchange registered roughly $3.7 billion in 24-hour trading volume, while the other handled about $240 million. SlowMist also stated that they had proactively reached out to an exchange named ICRYPEX Global yesterday, signaling ongoing outreach and intent to push for remediation and transparency to safeguard user assets.