For some reason, I'm not that worried. I would be worried if this was concerning normal users but not in this case. With the Blackrock, and SEC involved into all of this. I can't imagine them even trying to pull such a move.
Regardless though, one should not store his funds for a long period of time in any exchange.
Topic: Take your Bitcoin off Coinbase - page 3. (Read 465 times)
...stop leaving your coins on any centralised exchanges in general.
This never stops being true. Not your keys, not your bitcoin.
If you are asked which company or any organisation fits market manipulation the most I bet many people will say its BlackRock, including myself.
Today it seems I might not be completely right, BlackRock now requires Coin base to deposit Bitcoin directly on-chain within 12hrs of instruction after concerns were been raised that Coinbase is selling "paper BTC" to ETFs.
https://x.com/BTC_Archive/status/1838227189835108862
This is shocking, isn't it? Feels more like BlackRock wants more transparency and assurance, if BlackRock is really pushing this then they don't like the way that Coinbase have been acting.
Guys I think we should all be focused on Coinbase from now on, something could really go bad with Coinbase, if you have some BTC on this exchange it might be a good idea to move them out especially if you are not actively trading on the platform.
My advice doesn't end with Coinbase only though, stop leaving your coins on any centralised exchanges in general.
Today it seems I might not be completely right, BlackRock now requires Coin base to deposit Bitcoin directly on-chain within 12hrs of instruction after concerns were been raised that Coinbase is selling "paper BTC" to ETFs.
https://x.com/BTC_Archive/status/1838227189835108862
This is shocking, isn't it? Feels more like BlackRock wants more transparency and assurance, if BlackRock is really pushing this then they don't like the way that Coinbase have been acting.
Guys I think we should all be focused on Coinbase from now on, something could really go bad with Coinbase, if you have some BTC on this exchange it might be a good idea to move them out especially if you are not actively trading on the platform.
My advice doesn't end with Coinbase only though, stop leaving your coins on any centralised exchanges in general.
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