Coinbase’s Rapid Rise Left It Exposed in Crypto’s Collapse

wsj.com

2 pointskazanins2 comments

I've got some pocket money on Coinbase for online purchases (from old ETH-mining on my GTX 1070 a few years ago).

Still a relatively low probability of total collapse within the next 12 months, right?

They had $6.1 billion in cash at the end of Q1 2022, so they have a loooong runway.