Coinbase (COIN) Stock: Exchange Says 99% of Customer Assets Sit in Cold Storage

TLDR Coinbase says the $6.3 billion Binance hack did not affect it. More than 99% of customer assets sit in cold storage. Coinbase uses split signing keys, withdrawal limits and activity monitoring. Binance says the attack began with a fake job interview. Binance says it has replenished about 98% of affected assets. Coinbase (COIN) said Wednesday it was not hurt by the $6.3 billion Binance hack. The exchange laid out how it guards customer funds in a blog post. Users come to Coinbase to keep their money secure. We make sure that stays true. Secure custody is daily work for us, not a one-time achievement.

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