Exchanges1 source
Crypto exchanges tout cold storage ratios after Binance attack
Headline from Cointelegraph
Key points
- Following a recent attack on Binance, rival cryptocurrency exchanges Coinbase and Gate have publicly detailed their security measures regarding funds.
- Coinbase revealed that it stores more than 99% of its customer assets offline in cold storage.
- Meanwhile, Gate reported holding 88.26% of its total platform assets in cold storage to protect user holdings.
Summarized automatically by Kryptokite from reporting by Cointelegraph. Read the original sources for full detail.
Sources
- CointelegraphCrypto exchanges tout cold storage ratios after Binance attack · 4 hours agoRead on Cointelegraph
Story timeline
- CryptoPotato1 min read
What Would Happen to the Crypto Market if Binance Went Bankrupt? 3 AIs Speculate
- CryptoSlate1 min read
Unpatched Bitcoin Lightning nodes face channel-draining bug
- The Block1 min read
Ark Invest buys more Coinbase as shares plunge 10% in wider market rout
- Crypto Briefing1 min read
Cory Fields proposes quantum landmines to deter Bitcoin theft
- CoinDesk1 min read
Bitcoin developer proposes ‘landmines’ to make quantum thieves lose their own BTC
Share
Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.