Coinbase CEO Says Team Is Blocking Sends to Compromised Wallets, Offers Binance Help

Coinbase CEO Brian Armstrong said his team is blocking sends to compromised wallets and has contacted Binance to offer help, according to his post and a BlockBeats report.

Coordination during the incident

Armstrong urged crypto firms to share useful information and prioritize customer protection regardless of platform. He said Coinbase is doing what it can while the situation develops.

Details remain limited

Armstrong’s post does not identify the Binance incident’s attack path or confirm how much was affected. Those details remain attributed to BlockBeats’ report and should be treated as developing.

Sources: BlockBeats report and Brian Armstrong’s post mirror, published October 30, 2026 (China time).