Coinbase warns its 98million customers they may lose ALL their crypto if company goes bankrupt

Steeky

Power Member
Joined
Jan 13, 2007
Messages
588
Reaction score
233
lol I never trusted other people to hold my crypto
 

Starblazer

Jr. VIP
Jr. VIP
Joined
Feb 28, 2019
Messages
4,397
Reaction score
5,735
Website
rebrand.ly
It's a good way to go bankrupt. I think at least 20% people will either transfer their funds out of panic or find alternatives.
 

Mr Positive

Jr. VIP
Jr. VIP
Joined
Mar 30, 2018
Messages
10,837
Reaction score
11,230
Website
t-ranks.com
I always say no to exchanges, electrum for btc or any non kyc wallet with access to private keys is what one needs. Good bye coinbase you won’t be missed
 

TomTheCat

Jr. VIP
Jr. VIP
Joined
Oct 27, 2019
Messages
1,732
Reaction score
1,555
Website
bit.ly
I always say no to exchanges, electrum for btc or any non kyc wallet with access to private keys is what one needs. Good bye coinbase you won’t be missed
Binance is next. That's why CZ moved to Dubai, so he wouldn't go to jail.
 

RowdySadjit

Regular Member
Joined
Dec 20, 2021
Messages
233
Reaction score
90
Indeed, always thought it went against the ethos of what crypto is about decentralization however for adoption exchanges helped bring in the traders who must have quick exchanges and those are the ones who it is affecting.

Several times I read reddit titles

I just put our life savings in crypto and now it's crashing, what should I tell my wife?
 

Mr Positive

Jr. VIP
Jr. VIP
Joined
Mar 30, 2018
Messages
10,837
Reaction score
11,230
Website
t-ranks.com
Binance is next. That's why CZ moved to Dubai, so he wouldn't go to jail.
Their trust wallet seems shady, I staked Tron and now no way to unstake, according to previous replies I need to add more Tron and then stake again and some who did that didn’t get ther coins back lol go figure.
 

RowdySadjit

Regular Member
Joined
Dec 20, 2021
Messages
233
Reaction score
90
Their trust wallet seems shady, I staked Tron and now no way to unstake, according to previous replies I need to add more Tron and then stake again and some who did that didn’t get ther coins back lol go figure.
Go for cardano for staking brother, non of that custodial crap.
 

Sunya

Junior Member
Joined
Oct 11, 2013
Messages
182
Reaction score
110
Indeed, always thought it went against the ethos of what crypto is about decentralization however for adoption exchanges helped bring in the traders who must have quick exchanges and those are the ones who it is affecting.

Several times I read reddit titles
I agree. Exchanges are old centralised components in the decentralised system. They will die out eventually, sooner or later.
 

verwest

Power Member
Joined
Mar 1, 2021
Messages
501
Reaction score
209
Website
www.pinterest.com
If they do something like this. Nobody can do anything. They have already planned everything. Whatever customers with crypto assets do.
 

krishnaverma

Jr. VIP
Jr. VIP
Joined
Nov 16, 2011
Messages
13,167
Reaction score
6,162
They are digging their grave. Most of users will be triggered by this and leave that platform.
 
Top