Coinbase Is Investigating Issue Where Small Number Of Customers Are Seeing One Of Their Retail Wallets Displayed With Message 'Held As Borrow Collateral'
Portfolio Pulse from Benzinga Newsdesk
Coinbase is investigating an issue where a small number of customers are seeing one of their retail wallets displayed with the message 'Held as Borrow Collateral'.
May 26, 2023 | 6:27 pm
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Coinbase is investigating an issue affecting a small number of customers' retail wallets, which may impact the company's reputation and user trust.
The issue with retail wallets displaying 'Held as Borrow Collateral' may raise concerns among users and affect the company's reputation. This could lead to a short-term negative impact on Coinbase's stock price (COIN) as investors may perceive it as a sign of potential security or operational issues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100