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

Following a $6.3 billion security breach at Binance, Coinbase stated that it was unaffected and that more than 99% of customer assets are held in cold storage. In response to the evolving security landscape driven by artificial intelligence, Coinbase emphasized its ongoing investments in security innovations, while Binance reported that it has replenished approximately 98% of the affected assets. Open article →