Re:Coinbase from YC to DPO
by rawtxapp on Wednesday April 14, 2021 @11:40PM
(#26815971)
The coins stored on Coinbase (and other crypto exchanges for that matter) are at all time lows, people are self-custodying their coins and using them on decentralized protocols where they don't have to trust centralized 3rd parties. Coinbase is just one player in the whole space.
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| on HN ]
Re:Coinbase from YC to DPO
by spurdoman77 on Thursday April 15, 2021 @02:32AM
(#26816809)
Coinbase is custodying 760k BTC or so... thats more than 5% of all BTC in existence.
They claimed that they were holding about 11% of crypto market cap on their exchange.