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USDC withdrawals have been enabled again, but I don't suppose that's HN front-page worthy as much as the panic inducing titles. https://twitter.com/binance/sta
by crypt1d 4y ago
USDC withdrawals have been enabled again, but I don't suppose that's HN front-page worthy as much as the panic inducing titles.
https://twitter.com/binance/status/1602708590271385600?s=20&t=zUTyKJdINJjSAAy9UpnImw https://twitter.com/binance/status/1602708590271385600?s=20&...
- plugger 4y agoYes, suprisingly people seem to react negatively to being frozen out of withdrawing their cash and those events are newsworthy?
- crypt1d 4y agoIts a pretty big leap from "you cannot withdraw this particular stablecoin at the moment, use another one" to "you cannot withdraw your cash". Devil is in the details.
- plugger 4y agoIsn't the stablecoin considered a financial instrument? The devil may be in the details, but the high level facts remain. People could not access financial instruments that they own, and that could be considered newsworthy.
- 9935c101ab17a66 4y ago? Withdrawals working isn’t newsworthy — that should always be the case. But when a “financial institution” in a notoriously unstable market segment prevents users from withdrawing their own funds, then of course its going to be a big story (as it should be!).
- q1w2 4y agoWithdrawals RESUMING after stopping is just as newsworthy.
- dorkwood 4y agoWhat about all the planes that made it to their destination? Why doesn't the news report that?