Why did Coinbase disable sends for 24 hours?

3 answers

• isiya usmanJan 20, 2024 · 2 years ago
  Coinbase disabled sends for 24 hours as a precautionary measure to investigate a potential security vulnerability. By temporarily halting outgoing transactions, Coinbase aimed to protect its users' funds and ensure the integrity of its platform. This action demonstrates Coinbase's commitment to maintaining a secure and reliable trading environment for its customers.
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• Andreas BoyatzoglouSep 05, 2022 · 3 years ago
  Coinbase disabled sends for 24 hours due to a suspected security breach. This decision was made to prevent any potential unauthorized access to users' accounts and funds. By taking swift action and temporarily suspending outgoing transactions, Coinbase demonstrated its dedication to safeguarding the assets of its users.
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• Hays MelgaardNov 25, 2021 · 4 years ago
  During the 24-hour period, Coinbase disabled sends to address a security concern. This proactive approach allowed Coinbase to thoroughly investigate and address any potential vulnerabilities, ensuring the safety of its users' funds. By prioritizing security, Coinbase maintains its reputation as a trusted and secure platform for cryptocurrency transactions.
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