Coinbase Faces Huge Challenge — Which May Affect All of Crypto

Published by
The Street

By Luc Olinga The Coinbase platform faces a big problem, which has implications for the entire crypto industry. In the middle of a crypto industry trying to take a breather after months of falling digital-currency prices, a bomb may be primed to explode. The market has lost more than $2 trillion due to a market-shaking combination of recession fears, which have prompted investors to liquidate their positions in all risky asset classes, and scandals affecting crypto lenders. These scandals caused a liquidity crisis and bankruptcy filings for the Celsius Network and Voyager Digital platforms. Bu…

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