# Coinbase Says 99% of Customer Assets in Cold Storage After $6.3B Binance Hack

- Source: Bitcoin News
- Published: 2026-11-04T16:30:24+00:00
- Category: Markets
- Original: https://news.bitcoin.com/exchanges/coinbase-99-percent-customer-assets-cold-storage-after-binance-hack/
- Canonical: https://groundlevelnews.com/story/coinbase-says-99-of-customer-assets-in-cold-storage-after-6-3b-binance-2287a3/

Coinbase says more than 99% of customer assets are held in offline cold storage following Binance’s $6.34 billion hack on Oct. 29, 2026. In a Nov. 4 disclosure, the publicly traded U.S. crypto exchange detailed its distributed signing keys, emergency shutdown controls, and withdrawal restrictions. While Coinbase says its systems were unaffected, its latest security […]

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