Coinbase touts 99% cold storage as Binance Breach puts crypto exchange security under scrutiny

Crypto Insight Summary: Coinbase says it keeps more than 99% of customer assets in cold storage. The exchange disclosed this after Binance lost $6.3 billion in an October 29 hack. But keeping assets offline raises another question: what stops attackers from getting fraudulent transfers approved? What Coinbase says it does In a blog post, Coinbase said its systems... Crypto Insight Analysis: Direction: Bearish BNB Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: A reported $6.3B Binance hack could shake crypto-market trust and liquidity despite Coinbase's security push.