Users Slam Coinbase Over Delayed Solana Transactions, Call for Proof of Reserves ⏳
Coinbase, a leading US crypto exchange, is under fire for delays in Solana transactions, leading to user concerns about liquidity and operational integrity. Transactions over 14 hours delayed have raised suspicion of unauthorized staking, potentially causing delays during the unstaking process.
Amid skepticism post-FTX collapse, critics demand Proof of Reserve audits. Speculation grows with large SOL transfers flagged to Coinbase, while users seek clear evidence of financial health.
Some blame internal infrastructure, struggling with Solana's fast speeds. Coinbase faces growing scrutiny over customer services, with calls for transparency growing louder.
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