Coinbase: Assisting in Responding to Binance Attack Incident, Has Restricted Transfers to Compromised Wallets

On October 30 that Coinbase CEO Brian Armstrong stated the Coinbase team is making every effort to provide support, including preventing users from transferring funds to compromised wallets, and has proactively contacted Binance to offer assistance. He called for the cryptocurrency industry to strengthen cooperation, publicly share valuable information, and collectively protect user asset security without making distinctions based on which platform users utilize. Armstrong noted that the crypto sector has faced numerous hardships and has always emerged stronger following challenges.