Crypto earthquake after Binance hack: How safe your coins are at Coinbase

Coinbase has published a detailed breakdown of how it safeguards customer funds following Binance's multi-billion-dollar hack, which reignited concerns about asset security across centralized exchanges. The disclosure outlines the custody, segregation and insurance practices Coinbase uses to protect client holdings, positioning itself as a transparency leader as investors reassess counterparty risk. The move matters because trust in exchange solvency and custody has become a key differentiator after the Binance incident, and rivals may face pressure to match Coinbase's level of disclosure. What to watch next is whether other major exchanges follow with similar public attestations of their reserve and custody arrangements.