Coinbase Explains Cold-Storage Defences After Binance Breach Shakes Crypto Industry
Headline from NewsBTC
Key points
- Coinbase confirmed it remained unaffected by the recent security incident involving Binance's hot wallets.
- The cryptocurrency exchange reassured users by highlighting its security measures, noting that over 99% of customer assets are held securely in offline cold storage to protect funds from potential online breaches and unauthorized access following industry-wide security concerns.
Summarized automatically by Kryptokite from reporting by NewsBTC. Read the original sources for full detail.
Sources
- NewsBTCCoinbase Explains Cold-Storage Defences After Binance Breach Shakes Crypto Industry · 56 minutes agoRead on NewsBTC
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