Crypto exchanges tout cold storage ratios after Binance attack
Summary
Following a security breach at Binance, multiple digital asset platforms are highlighting the proportion of funds they maintain offline. Coinbase and Gate have both publicly disclosed their respective cold storage percentages to reassure users about the safety of stored customer funds.
Coinbase says it keeps more than 99% of customer assets offline, while Gate reports 88.26% of its total assets are kept in cold storage.
Source: Read the full story at Cointelegraph.com News
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