Coinbase touts 99% cold storage as Binance Breach puts crypto exchange security under scrutiny
By Ibiam Wayas
Coinbase says it keeps more than 99% of customer assets in cold storage. The exchange disclosed this after Binance lost $6.3 billion in an October 29 hack. But keeping assets offline raises another question: what stops attackers from getting fraudulent transfers approved? What Coinbase says it does In a blog post,…
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