Coinbase Stock

Ripple CTO David Schwartz has highlighted the potential dangers of storing crypto on popular exchanges like Coinbase. He addressed these concerns in response to queries about the safety of digital assets.Schwartz explained that while FDIC insurance covers cash if a bank fails, it does not protect funds if an exchange goes bust. If Coinbase were to fail and the bank holding the funds could not cover everyone, users would be out of luck.Read More: <a href="https://cloutscoop.com/2024/07/16/ripple-cto-david-schwartz-highlights-risks-of-storing-crypto-on-exchanges-like-coinbase/" rel="noopener noreferrer nofollow">Ripple CTO David Schwartz Highlights Risks of Storing Crypto on Exchanges Like Coinbase</a>

Ripple CTO David Schwartz Highlights Risks of Storing Crypto on Exchanges Like Coinbase

Clout Scoop

Άλλα άρθρα που δημοσιεύτηκαν στις 16 Ιουλ 2024

$58.3M and Counting: BlockDAG’s Visual Stunner Shakes Up Polkadot Predictions & Toncoin’s Game

PEPE and WIF Experience Massive Gains, Rising Over 20% in a Day Due to Bullish Crypto Sentiment

Discover Lucrative Crypto Presales

Tesla CEO Refutes WSJ Report Claiming Large Political Contribution Amidst U.S. Election Speculations

VeChain Shows Bullish Momentum After Key Resistance Breakout, 2x Incoming?

Mt. Gox Moves 44527 BTC Before Creditor Repayments

Join our free newsletter for daily crypto updates!