Coinbase touts 99% cold storage as Binance Breach puts crypto exchange security under scrutiny
Photo: Cryptopolitan
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, Coinbase said its systems...
Source: Cryptopolitan
