Cold-storage ratios come into focus after Binance attack
Cointelegraph reports Coinbase and Gate disclosed that most customer or total assets are held offline following a Binance attack.
Cointelegraph reports Coinbase and Gate disclosed that most customer or total assets are held offline following a Binance attack. Gate (GT) is trading at ₹909 ($9.62), down 0.4% since this brief published. This is an original Token Times brief based on reporting by Cointelegraph, with live market data added, as of Fri, 06 Nov 2026 08:00:01 UTC.
The disclosures place offline custody practices in the spotlight as users and market observers assess how exchanges protect assets amid a security incident. The figures describe Coinbase’s customer-asset policy and Gate’s total-asset allocation, which are related but not identical measures.
- Coinbase reports more than 99% of customer assets are kept offline.
- Gate reports 88.26% of total assets are held in cold storage.
- Bitcoin fell 5.96% over 24 hours as the market broadly declined.
- Fear & Greed stood at 28, indicating a fearful market mood.
- 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 — this brief
Exchanges highlighted their cold-storage arrangements after a Binance attack, with Cointelegraph citing disclosures from Coinbase and 
Gate. Coinbase says more than 99% of customer assets are stored offline, while Gate reports that 88.26% of its total assets are kept in cold storage.
Only Cointelegraph covered the disclosures, so the figures have not been independently corroborated in the supplied coverage. The two percentages also describe different asset pools: Coinbase’s figure refers specifically to customer assets, whereas Gate’s covers its total assets. Both are presented as cold-storage ratios rather than estimates of losses, deposits or transaction volumes.
The disclosures provide limited but direct context on custody practices following the reported Binance attack. Cold storage keeps assets away from internet-connected systems, while the remaining assets at each exchange fall outside the cited offline proportions. No details about the attack’s scale, affected assets or broader consequences were included in the supplied coverage.
Market conditions were broadly negative during the period covered. 
Bitcoin declined 5.96% over 24 hours, the total crypto market capitalization stood at $2.61 trillion, and the Fear & Greed index registered 28, corresponding to Fear. Gate token traded at $9.66, down 1.90% over 24 hours but up 3.27% over seven days; its market capitalization was $1.01 billion. The figures to watch are the differing custody definitions and whether exchanges provide further detail about the assets not held offline.
Since this brief published about 3 hours ago, Gate (GT) has moved from ₹913.23$9.66 to ₹909.45$9.62 — -0.41%.
The chart plots GT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 GT ≈ ₹1,001.25 (about $9.62), down 1.7% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Cold-storage ratios come into focus after Binance attack — questions & answers
What cold-storage ratios did Coinbase and Gate report?
Coinbase said more than 99% of customer assets are kept offline, while Gate reported 88.26% of its total assets are held in cold storage.
Do the two cold-storage figures measure the same thing?
No. Coinbase’s disclosure concerns customer assets, while Gate’s percentage covers total assets, making the measures related but not directly equivalent.
How were crypto markets trading around the disclosures?
Bitcoin was down 5.96% over 24 hours, the broader market was broadly lower, and the Fear & Greed index stood at 28.
How much is 1 Gate worth in rupee today?
About ₹1,001.25 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $9.62. The rupee price moves with both GT's US-dollar price and the USDT/INR rate; use our Gate in rupee page for any amount.
Has Gate's price moved since this brief was published?
GT is down 0.41% since this brief first published — trading at ₹909 ($9.62) now versus ₹913 ($9.66) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cointelegraph. 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.