24/11/2025
📢 Big news from Coinbase! The exchange just completed one of the largest internal wallet migrations in its history—boosting efficiency, security, and scalability across its platform. 🚀
There were NO breaches or external threats—this was a planned upgrade, consolidating older wallets into a modern, unified system. Even with major transfers of Bitcoin, Ethereum, and ERC-20 tokens, there was zero impact on your trading, deposits, or withdrawals.
Why is this a big deal?
✅ Strengthens Coinbase’s security as global regulation ramps up
✅ Makes the platform faster and more cost-effective
✅ Prepares for more tokenized assets and growing institutional demand
Blockchain sleuths noticed billions moving on-chain, sparking speculation—but Coinbase clarified: this upgrade is about safety and better service, not market moves or sell-offs.
With this migration done, Coinbase is set to handle even more crypto activity securely and smoothly. As crypto adoption grows, Coinbase is leading the way in keeping your digital assets safe and the exchange running seamlessly!
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Read the full article here ⬇️
The exchange said the scheduled internal transfer is a routine industry “best practice” used to uphold strong cybersecurity standards.