When Will Dogecoin Trading Be Unfrozen?164

Dogecoin trading was frozen on December 5, 2021, after a security breach on the Coinbase exchange. The breach allowed hackers to steal over $30 million worth of Dogecoin from Coinbase customers. In response to the breach, Coinbase froze all Dogecoin trading on its platform.

Coinbase has not yet announced when Dogecoin trading will be unfrozen. However, the exchange has said that it is working to resolve the issue as quickly as possible. In the meantime, Dogecoin holders can still store their Dogecoin on Coinbase, but they will not be able to trade it.

The Dogecoin community has been vocal in its criticism of Coinbase's handling of the situation. Many Dogecoin holders have accused Coinbase of being slow to respond to the breach and of not providing enough information to customers. Some Dogecoin holders have even threatened to move their Dogecoin to other exchanges.

Despite the criticism, Coinbase remains one of the most popular exchanges for Dogecoin trading. The exchange has a large user base and a good reputation for security. Once Dogecoin trading is unfrozen, Coinbase is likely to remain a popular choice for Dogecoin holders.

In the meantime, Dogecoin holders can stay up-to-date on the latest news about the Coinbase breach by following the exchange on social media or by visiting the Coinbase website.

Additional Information

In addition to the information above, here are some additional details about the Dogecoin trading freeze:* The freeze only affects Dogecoin trading on Coinbase. Other exchanges, such as Binance and Kraken, are still allowing Dogecoin trading.
* Coinbase has not yet announced a timeline for when Dogecoin trading will be unfrozen.
* Dogecoin holders can still store their Dogecoin on Coinbase, but they will not be able to trade it.
* The Dogecoin community has been critical of Coinbase's handling of the situation.

2025-01-04

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