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Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach

Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private keys and kill switches.

· 1 min read · 102 words · via Decrypt

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Wire briefing

Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private keys and kill switches.

Source: Decrypt. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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