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Researcher Zeeme says Coinbase's MPC key splitting makes hacking harder

NewsFeeds update

On-chain researcher Zeeme said Coinbase holds about 959,000 BTC, worth roughly $103bn, and has not suffered this kind of attack in 14 years because MPC splits each private key across isolated hardware chips. Zeeme contrasted this with an October breach of a Binance DevOps worker's computer that led to about $6.36bn being moved in 20 minutes.

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Read the original on ChainCatcher

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.