Coinbase Unaffected in Reported Binance Wallet Incident, Cites Cold Storage
Coinbase said a reported Binance hot-wallet incident did not affect it and that it keeps more than 99% of customer assets in cold storage.
Coinbase said a reported Binance hot-wallet incident did not affect it and that it keeps more than 99% of customer assets in cold storage. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Mon, 09 Nov 2026 05:00:01 UTC.
The incident highlights the role of custody infrastructure in protecting exchange customers. Coinbase’s security response and cold-storage disclosure may shape how users assess operational risks across major exchanges.
- Coinbase said it was unaffected by the reported Binance hot-wallet incident.
- More than 99% of Coinbase customer assets are held in cold storage.
- The total crypto market cap stood at $2.58T and the broader market was flat.
- Bitcoin fell 0.33% over 24 hours amid a Fear & Greed reading of 29.
- Coinbase Details Cold-Storage Safeguards Following Binance Heist
- Gate launches PoSEC with reported 104.58% cold-storage coverage
- Cold-storage ratios come into focus after Binance attack
- Coinbase Unaffected in Reported Binance Wallet Incident, Cites Cold Storage — this brief
Coinbase said it was not affected by the reported Binance hot-wallet incident. According to NewsBTC, the exchange also disclosed that more than 99% of customer assets are kept in cold storage, presenting its custody approach as a central defense against activity involving online wallets. The report did not provide details about the scale, cause, losses, or affected users associated with the Binance incident. It likewise offered no breakdown of Coinbase’s remaining customer-asset holdings, beyond the statement that the cold-storage share exceeds 99%.
This is a single-source account, with no additional outlet coverage supplied for corroboration. NewsBTC reported both Coinbase’s claim that it was unaffected and its cold-storage figure; neither point was independently confirmed by another publisher in the available material.
Coinbase’s statement places its security posture against the backdrop of a reported incident involving Binance’s hot wallet. The key distinction presented is between the exchange involved in the reported event and Coinbase, which said it was not affected and emphasized storage controls for customer assets.
Live market data showed limited movement in the broader crypto market, which was flat with a total capitalization of $2.58 trillion. 
Bitcoin was down 0.33% over 24 hours, while the Fear & Greed index registered 29, placing sentiment in the “Fear” category. What remains worth monitoring is whether more information emerges about the reported Binance incident and how exchanges describe their respective security protections.
Coinbase Unaffected in Reported Binance Wallet Incident, Cit — questions & answers
Did Coinbase suffer losses in the reported Binance incident?
Coinbase said it was not affected by the reported Binance hot-wallet incident. The available report does not specify any losses involving Coinbase.
How much of Coinbase’s customer assets is in cold storage?
Coinbase said more than 99% of customer assets are kept in cold storage. The report did not provide further details about the remaining assets.
How were crypto markets trading at the time?
The overall market was flat with a $2.58 trillion total capitalization. Bitcoin was down 0.33% over 24 hours, and Fear & Greed stood at 29.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.