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

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Decrypt
By Decrypt Staff
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Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach
Photo / Coverage: DecryptCredit: Decrypt Staff
EXECUTIVE SUMMARY

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.

Key Takeaways

  • 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.
  • 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.

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.

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