Express

Coinbase Reveals Their Insurance Policy In Recent Blog

Roland James

Summary: Coinbase has confirmed in a blog post that $255 Million is  insured for coins that  are held in hot wallets on its platform. While this is a great show of transparency from the company, this is an eye-opening moment for its users only 2% of which is in hot wallets, while the rest is unprotected ...

Coinbase has confirmed in a blog post that $255 Million is  insured for coins that  are held in hot wallets on its platform.

While this is a great show of transparency from the company, this is an eye-opening moment for its users only 2% of which is in hot wallets, while the rest is unprotected in cold storage wallets. With the number of hacks in the industry the move has been received positively.

By Roland James

Last Update:

Tags: ,,
Link: Coinbase Reveals Their Insurance Policy In Recent Blog   [Copy]
Next:

Related Articles

  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 7 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 24 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 29 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025

    • You need to login to comment.