industry
Coinbase details custody controls after Binance security incident
Coinbase described cold-storage, distributed-key, withdrawal-limit and anomaly-detection controls while saying it was not affected by the Binance incident.
Coinbase published an overview of its customer-asset security controls following the reported Binance hot-wallet incident. The company said more than 99% of customer assets are held in cold storage and described controls including distributed keys, withdrawal limits, anomaly detection and signing kill switches. Avenor News reports these company statements as industry-security news and does not endorse Coinbase or its services.
Primary source: Coinbase