Coinbase secures 300k BTC ETH in wallets: Enhances investor asset safety
Crypto market confidence grows as Coinbase secures 300,000+ BTC/ETH, enhancing institutional crypto custody and asset protection. Coinbase's $25B Bitcoin Migration: Bolstering Security or Signaling Shifts? 📌 Understanding Coinbase's Wallet Migration: A Deep Dive ⚖️ Cryptocurrency exchange Coinbase recently announced and executed a large-scale migration of digital assets, specifically Bitcoin (BTC) and Ether (ETH), to new internal wallets. This move, involving approximately 300,000 BTC (worth over $25 billion at current prices), has stirred discussion within the crypto community. But what does it really mean for investors? ⚖️ According to Coinbase's official announcement , this on-chain migration is a standard security practice aimed at mitigating the risk associated with keeping substantial funds in the same publicly known wallet addresses for extended p...