[Coinbase: Unaffected by Binance Hot Wallet Incident, Over 99% of Customer Assets in Cold Storage] According to TechFlow, on November 4th, Coinbase stated on its official blog that its system and customer funds were unaffected by the Binance hot wallet incident. Currently, over 99% of customer assets are stored in cold wallets, while hot wallet balances are dynamically adjusted based on customer access needs. Coinbase stated that customer assets are held 1:1 and remain customer property, and will not be lent out or used unless instructed to do so by the customer. Its fund transfer protection measures include distributed keys, transfer limits, anomaly detection, and a stop-signature control mechanism.