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

TLDR — Coinbase told customers it wasn’t affected by the $6.

Signal data▼ Bearishconfidence 90%High materiality
AssetEventexchange-incidentEvent timeAttention0 readers/hrNormalSmart readers0

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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