Coinbase, Gate Tout Cold Storage Ratios After Binance Attack

The significance here is less about the specific ratios than about disclosure becoming a competitive signal: after an attack on a rival venue, exchanges are volunteering cold-storage figures as a proxy for operational rigor. That shifts the comparison onto self-reported numbers with no common methodology, so the figures are hard to weigh against each other. The open question is whether this transparency is a durable habit or a one-off response to a security scare, and whether the metrics get standardized enough to be meaningfully comparable.