01
What happened
Coinbase has paused deposits and moved the WMTX-USD trading pair to limit-only mode on its platforms following a third-party security incident involving the token. Concurrently, the platform has experienced and resolved several incidents of delayed sends and receives for various cryptocurrencies including TAO, EGLD, Aleo, Solana, DYDX, DOT, and assets on the Base network. While trading for WMTX-USD is restricted, Coinbase assures users that funds are safe for all reported network delays.
02
Does it affect you
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04
What to do now
- Review your WMTX-USD positions as trading is limited.
- Monitor Coinbase's status page for updates on WMTX-USD and other network issues.
- Exercise caution when initiating transactions for affected cryptocurrencies.
ChainSentrix is risk intelligence, not financial advice. We report from official sources and never ask for your keys, seed phrases, or balances.