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Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach

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Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach

Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private keys and kill switches.

Key Takeaways

  1. Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private keys and kill switches.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.