"Funds are safe." But are they though?
Discussion
Not your keys 🔑 not your coins.
We will just centrally alter you balance to display appropriate amount. No worries.
Not your keys, not your coins!
I guess since it’s their keys it’s their coins and they can do whatever they want with them… 🌝
I find it funny Coinbase calls its wallet "self-custody" when it's anything but.
There’s some institutional holders who use Coinbase as custody. I hope they were on multi-sig.
Otherwise if you’re on Coinbbade with Bitcoin, it only takes an hour to test out multi-sig. some people work their whole life to secure their generational wealth, paying nation states in the process. So silly.
DROP DATABASE CB_SQL_FUNDS...
Oops.