Coinbase Says 99% of Customer Assets in Cold Storage After $6.3B Binance Hack
Coinbase says more than 99% of customer assets are held in offline cold storage following Binance’s $6.34 billion hack on Oct. 29, 2026. In a Nov. 4 disclosure, the publicly traded U.S. crypto exchange detailed its distributed signing keys, emergency shutdown controls, and withdrawal restrictions. While Coinbase says its systems were unaffected, its latest security […]
Key Takeaways
- Coinbase says more than 99% of customer assets are held in offline cold storage following Binance’s $6.34 billion hack on Oct.
- 4 disclosure, the publicly traded U.S.
- crypto exchange detailed its distributed signing keys, emergency shutdown controls, and withdrawal restrictions.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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