✔ VERIFIED First reported by The Block · Nov 4, 16:58 UTC · updated Nov 5, 05:57 UTC
Coinbase (COIN) Stock: Exchange Says 99% of Customer Assets Sit in Cold Storage
TLDR Coinbase says the $6.3 billion Binance hack did not affect it. More than 99% of customer assets sit in cold storage. Coinbase uses split signing keys, withdrawal limits and activity monitoring.…
Common to all reports: Coinbase · 99 · Customer Assets · Cold Storage · Binance
Confirmed by 3 sources
- The Block (crypto newsroom · US) · Nov 4, 16:58 UTC · read at the source
- Coin Edition (auto) (crypto newsroom · International) · Nov 4, 17:02 UTC · read at the source
- CoinCentral (low-credibility outlet · International) · Nov 5, 05:57 UTC · read at the source
Reader sentiment Readers' opinions, one vote each. Not a signal.
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Tags: Regulation, Hack/Exploit, Security, Markets
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