Security
Coinbase Says 99% of Customer Assets in Cold Storage After $6.3B Binance Hack
Bitcoin.com News·November 4, 2026·1 min read
Coinbase says more than 99% of customer assets are held in offline cold storage following Binance's $6.34 billion hack on Oct. 29, 2026. In a Nov. 4 disclosure, the publicly traded U.S. crypto exchange detailed its distributed signing keys, emergency shutdown controls, and withdrawal restrictions. Coinbase says its systems were unaffected.
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