Coinbase Lays Out Hot Wallet Controls as Customers Ask if a Binance-Style Hack Could Hit It

Coinbase outlined its hot wallet controls after customers asked whether Binance's Oct. 29 breach could hit it. The exchange pointed to signing keys that are never reassembled, caps on refilling hot wallets, and switches that can pull keys offline. The disclosure came as users questioned whether a Binance-style hack could happen at Coinbase.