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

Steeky

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lol I never trusted other people to hold my crypto
 

Starblazer

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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

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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

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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

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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

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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

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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

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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

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If they do something like this. Nobody can do anything. They have already planned everything. Whatever customers with crypto assets do.
 
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