but Gemini is the only other regulated US one. Coinbase is huge, even bigger tha... | Hacker News

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		paulpauper on April 14, 2021 \| parent \| context \| favorite \| on: Coinbase from YC to DPO but Gemini is the only other regulated US one. Coinbase is huge, even bigger than binance. Something like 50 million ppl have an account. Ppl wondered why the July 2020 Twitter hacker made so little. The reason is, coinabse blocked withdrawals to the hacker address, which if they hadn't, the hackers would have made 3x more..so let that sink in..

thebean11 on April 14, 2021 | [–]

Isn't Kraken also based in the US? Last I heard they're in the process of getting a bank charter.

koonsolo on April 15, 2021 | [–]

Sure, Google is also huge. Would that mean there is no search engine market when they wouldn't have been there?

Coinbase is huge because of the user demand, not the other way around.

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