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> any Bitcoin is insured privately in case of a breach of their systems. This isn't entirely true, most of their coin is stored cold and uninsured. They only h
by philh 9y ago
> any Bitcoin is insured privately in case of a breach of their systems.
This isn't entirely true, most of their coin is stored cold and uninsured. They only have insurance on their hot coins. https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured- https://support.coinbase.com/customer/portal/articles/166237...
(I don't intend this as a knock, I too recommend them.)