TechFlow news, November 22 — Coinbase announced on social media that 30 minutes from now, it will begin migrating wallets. During this period, users may observe large on-chain transfers from Coinbase-controlled wallets to new Coinbase wallets. This is a planned operation aimed at helping Coinbase maintain the highest security standards in the industry.
During the migration, users can continue trading, sending, and receiving crypto assets as usual, since this is solely a wallet migration and is not expected to cause any downtime for Coinbase products. Deposit addresses used by users for funding will also remain unaffected.
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