✔ VERIFIED First reported by The Block · Nov 4, 16:58 UTC · updated Nov 5, 10:24 UTC
As Binance Battles $6.3B Hack Fallout, Coinbase Reveals 99% of Customer Crypto Assets Are in Cold Storage
Questions about the safety of funds held on centralized exchanges have resurfaced following one of the crypto industry’s most alarming security incidents. As investors reassess the risks of keeping…
Common to all reports: Coinbase · 99 · Customer Assets · Cold Storage · Binance
Confirmed by 4 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
- Crypto News Australia (crypto newsroom · Australia) · Nov 5, 07:07 UTC · read at the source
- ZyCrypto (low-credibility outlet · International) · Nov 5, 10:24 UTC · read at the source
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Tags: Regulation, Hack/Exploit, ETF/Institutional, Security
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