In brief

  • Coinbase says more than 99% of customers’ cryptocurrency is kept offline, out of hackers’ reach

  • Binance lost $6.3 billion without hackers ever touching its private keys.

  • Seoul wants more cryptocurrency kept offline. Korean users may have to wait longer to withdraw funds.

Read the original story After the Binance hack, Coinbase reveals how it protects $377 billion in cryptocurrency by Lockridge Okoth on fi.beincrypto.com