Coinbase says 99% of customer assets are in cold storage following Binance’s $6.3B hack

Coinbase says 99% of customer assets are held in cold storage following Binance's $6.3B hack. The exchange's strategy underscores the need for enhanced security measures in crypto to prevent massive breaches. Cold storage keeps funds offline, reducing exposure to cyberattacks, and Coinbase's approach highlights industry-wide concerns about exchange safety after the Binance incident.