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Coinbase says 99% of customer assets sit in cold storage after Binance’s $6.3 billion breach

The Block·November 4, 2026·1 min read
Coinbase says 99% of customer assets sit in cold storage after Binance’s $6.3 billion breach

Coinbase says 99% of customer assets are held in cold storage and that it was unaffected by the $6.3 billion Binance hack. The statement aims to reassure users amid concerns about exchange security following the major breach at its competitor.

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