How Kraken and Gemini Kept Users Losses at Zero Across a $1.9 Billion Exploits Era

Kraken and Gemini kept user losses at zero during a $1.9 billion exploits era, while Bybit lost a record $1.4 billion and Bitget was hit for over $350 million. The exchanges' security measures protected funds, contrasting with major centralized exchange breaches that have driven users to seek safer platforms.