is coinbase safe after ftx

Coinbase is safe after FTX. Coinbase is a popular cryptocurrency exchange platform that has been in business for years. It is well-known for its safety and efficiency. However, there have been recent reports about FTX, a leading crypto exchange, which has been hacked and has caused significant damage to the industry. Coinbase has taken steps to ensure the safety of its users and has updated its security protocols. This is a good news for its users who use Coinbase to store their valuable cryptocurrencies. In the recent report, FTX is being held accountable for the hack and is being sued for damages. It is important to note that Coinbase is not the only cryptocurrency exchange platform that has been hacked. However, Coinbase has taken the necessary steps to protect its users and is a good example of a platform that is safe and secure. In conclusion, Coinbase is safe after FTX. The platform has taken necessary steps to ensure the safety of its users and has updated its security protocols. It is important to remember that safety is the top priority for any platform that deals with sensitive information.