Tech IndustryMar 11, 2023
Shopify_\|~<>$£¥•

Coinbase is closed for the weekend

There will be a run on getting everything out as soon as the off-ramps are back open. The house of cards that is web3 is teetering. https://twitter.com/coinbase/status/1634399032767307776

Coinbase ChuckSneed Mar 11, 2023

Hey man just because your company can’t make payroll next week, don’t go spreading lies about us.

Shopify _\|~<>$£¥• OP Mar 11, 2023

Whataboutism in full effect. Is that not your company’s Twitter account?

Coinbase ChuckSneed Mar 11, 2023

Coinbase isn’t closed. USDC -> USD redemption is paused. Please learn to read before posting here. https://en.wikipedia.org/wiki/Reading_comprehension

Meta notauser2 Mar 11, 2023

Why spread fake news lol?

Salesforce SFProblems Mar 11, 2023

People here are so fucking stupid I swear. It’s the Coinbase Twitter account legit saying they won’t allow withdraws this weekend and yet people still don’t believe it. No doubt tied to the bank going down

Uber PhaseBroke Mar 11, 2023

Are you intentionally omitting key details? Pausing USDC:USD conversions over the weekend, not close the whole app completely. Your post is misleading even though you add the Twitter reference.

Salesforce SFProblems Mar 11, 2023

Isn’t that not the same as not allowing someone to take their money out?

Coinbase #refactor Mar 11, 2023

No it's not the same. That's like saying the entire new York stock exchange is closed when a single stock isn't available to trade. The only thing not allowed on Coinbase per the tweet is buying USDC with US dollars, or selling USDC to get US dollars.

Carta 🐈‍⬛ Mar 11, 2023

I’ve been making a lot of money since last night arbing all these panicking morons. Keep panicking 😂

Salesforce SFProblems Mar 11, 2023

I don’t know man. I’m usually riding the same ride as you, but this one feels different. This one almost feels rigged