# Coinbase Explains Cold-Storage Defences After Binance Breach Shakes Crypto Industry

- Source: NewsBTC
- Published: 2026-11-08T23:00:00+00:00
- Category: Markets
- Original: https://www.newsbtc.com/security/coinbase-explains-cold-storage-defences-after-binance-breach-shakes-crypto-industry/
- Canonical: https://groundlevelnews.com/story/coinbase-explains-cold-storage-defences-after-binance-breach-shakes-cr-50e2cf/

Coinbase says it was not affected by the reported Binance hot-wallet incident and that more than 99% of customer assets are kept in cold storage. The…

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