
Coinbase and Kraken Reassess Security After Binance’s $6.3bn Theft
Coinbase has changed some offline-key safeguards as a precaution and Kraken is reviewing the incident. The Binance breach also prompted calls for faster industry warnings.

Coinbase has changed some offline-key safeguards as a precaution and Kraken is reviewing the incident. The Binance breach also prompted calls for faster industry warnings.

Binance says it has ring-fenced more than $6.34bn to cover a $6.3bn theft. Around $3bn in related assets has been frozen, but recovery and withdrawal checks continue.