[Coinbase Says Unaffected by Binance Hot Wallet Incident; Over 99% of Customer Assets in Cold Storage] According to Jinse Finance, 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, and hot wallet balances are dynamically adjusted according to 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 by the customer. Fund transfer protection measures include distributed keys, transfer limits, anomaly detection, and a control mechanism to stop signatures.