✔ VERIFIED First reported by Crypto Briefing · Nov 4, 16:24 UTC · updated Nov 4, 16:29 UTC
Coinbase Outlines Cold Storage Defense After Binance Hack
TLDR Coinbase says it stores more than 99% of customer cryptocurrency in offline cold wallets. Coinbase reports that the $6.34 billion Binance hack did not affect its systems or customer funds.…
Common to all reports: Coinbase · Binance
Confirmed by 2 sources
- Crypto Briefing (crypto newsroom · US) · Nov 4, 16:24 UTC · read at the source
- Blockonomi (crypto newsroom · International) · Nov 4, 16:29 UTC · read at the source
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Tags: Regulation, Hack/Exploit, ETF/Institutional, Security
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