PANews|Nov 05, 2026 00:10
[Coinbase Lists Five Measures to Protect Customer Assets, Including Over 99% of Funds Stored in Offline Cold Storage] Coinbase Institutional posted on the X platform that the Binance hot wallet incident has brought attention to how Coinbase protects customer assets. Coinbase listed five key measures: over 99% of customer assets are stored in cold storage; multiple layers of protection, including distributed key protection, rate limiting, anomaly detection, and emergency stop switches, verify that fund flows are for their intended purpose; all customer assets are held 1:1 and will not be lent or used without the customer's instruction; Coinbase's US custodian is bound by fiduciary obligations under New York State law, and its European operations are authorized by MiCA and regulated by the Luxembourg CSSF; continuous investment in security innovation to address the security landscape changes brought about by AI.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink