3 ms·
> coinbase already FDIC insures USD holdings Which is totally irrelevant to the cryptocurrency. > 3rd party insures crypto holdings. Yes, approximately 2% of
by root_axis 9y ago
> coinbase already FDIC insures USD holdings
Which is totally irrelevant to the cryptocurrency.
> 3rd party insures crypto holdings.
Yes, approximately 2% of their crypto holdings, so effectively nothing from the perspective of a customer who loses funds if their cold wallets are attacked.