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There doesn't seem to be an issue here. Seems like someone withdrew their valid deposits. Looks like this news getting "views" because of the recent crypto rela
by humanlion87 4y ago
There doesn't seem to be an issue here. Seems like someone withdrew their valid deposits. Looks like this news getting "views" because of the recent crypto related scams and losses.
- RustyRussell 4y agoWell, there's some evidence that people are withdrawing from exchanges (to their own custody, assisted custody, or other custodians). This is probably a good thing, as it's the only real way to ensure they actually have your money. And it's a story if you're worried about being last one out in that case! (I think it unlikely for Coinbase TBH). Definitely some people (myself included!) hope this becomes a cultural norm for Bitcoin. But that might be a bit optimistic!
- medellin 4y ago
- rurban 4y agoNo, because the bankruptcy filing for FTX showed that Coinbase is exposed via Genesis Global Capital. They need 1 billion now.
- xtiansimon 4y ago> ‘issue’ ?? Movement of 1.5 billion of bitcoin in two days seems at least _curious_, Worthy of Note. What don’t I get? This is just another day in bitcoin world I’m not aware of?