Tuesday, November 28, 2023

Coinbase (COIN) CEO Brian Armstrong Says Not Shutting Down Staking Service



Armstrong insisted Coinbase wouldn’t be prone to a bank-run-like rush of withdrawals much like these a few of its friends have suffered. “All of the funds are backed one-to-one, and you do not have to take our phrase for it,” Armstrong mentioned. “As a public firm, we now have auditors … who’ve gone in and verified all that.”

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