Is Coinbase Safe After the $6 Billion Binance Hack?
A BeInCrypto analysis argues that Binance's roughly $6.3 billion loss on October 29 and earlier Bybit and Bitget thefts were caused by attackers tricking exchange systems into approving withdrawals rather than stealing private keys. It notes Coinbase holds the Bitcoin behind most US spot Bitcoin ETFs, raising custody-security questions for institutional holders.