✔ VERIFIED First reported by Crypto Briefing · Nov 4, 16:24 UTC · updated Nov 4, 17:55 UTC
Coinbase Keeps 99% of Customer Assets in Cold Storage After $6.3B Binance Hack
Coinbase holds more than 99% of its customer assets in cold, offline storage. This was confirmed by Brian Armstrong, who added that he aims to reassure users and reaffirm the strength of its custody…
Common to all reports: Coinbase · 99 · Customer Assets · Cold Storage · Binance
Confirmed by 5 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
- Bitcoin.com News (crypto newsroom · US) · Nov 4, 16:30 UTC · read at the source
- The Block (crypto newsroom · US) · Nov 4, 16:58 UTC · read at the source
- Crypto Economy (low-credibility outlet · International) · Nov 4, 17:55 UTC · read at the source
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Tags: Hack/Exploit, Security
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