@CryptoHayes Imo 2 of 5 and no timing delay was the problem. CB and Binance both require quorum and far more decentralized multisig "seers" that are unaware of the others.
@zachxbt Messaging on Wallet probably accounted for alot of stolen cash as well. Saw alot of impersonators phishing with https://t.co/IWXWsAP42O based upon CB or a partner.
11/ I do not blame all Coinbase employees as most of the fault lies on leadership for these decisions.
While this post is critical of Coinbase what have they done well?
>providing good stablecoin on-ramp / off-ramp for retail
>attracting talent to build on Base
>recovery tool for users who deposit unsupported assets
>fighting the SEC
>Coinbase custody product
>allowing users to passively earn yield on stables easily
(Also there’s only so much you can do to educate people about threats such as email/call spoofing)
I am once again asking Plague holders to stop upgrading your 🐸 via trait swap. You are creating frogs that are too aesthetic & too rare. You are making my own frogs less attractive & less rare. Please guys. I bought these frogs to flex. If you care about me, dont upgrade your 🐸