✔ VERIFIED First reported by CryptoSlate · Nov 4, 08:20 UTC · updated Nov 5, 07:07 UTC
Coinbase Says 99% of Customer Crypto Is Offline Following Binance Hack
Coinbase said more than 99% of customer crypto sits in offline cold storage and its systems were untouched by Binance's $6.3 billion hack, citing split keys, rate limits and kill switches.
Common to all reports: Binance · Coinbase · 99 · Customer · Offline
Confirmed by 4 sources
- CryptoSlate (crypto newsroom · US) · Nov 4, 08:20 UTC · read at the source
- Coin Edition (auto) (crypto newsroom · International) · Nov 4, 17:02 UTC · read at the source
- Decrypt (crypto newsroom · US) · Nov 4, 20:46 UTC · read at the source
- Crypto News Australia (crypto newsroom · Australia) · Nov 5, 07:07 UTC · read at the source
Reader sentiment Readers' opinions, one vote each. Not a signal.
Related
- Binance Expands Proof of Reserves to 44 Tokens After Hack
- INSTITUTIONAL | U.S. Bitcoin ETFs Shed Over $1 Billion in Just 3 Days After Binance Hack
Tags: Regulation, Hack/Exploit, Security
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