Coinbase has denied the rumors of a $5,000-per-week limit on Bitcoin withdrawals. A post on social media gained significant attention, claiming that Coinbase had implemented this withdrawal limit. However, Coinbase quickly responded, stating that these allegations were inaccurate and that there was no such policy in place. They clarified that withdrawal limits depend on the payment method used and urged users to refer to their official policy for accurate information. Additionally, Coinbase experienced trading disruptions due to a scheduled upgrade, which affected Ethereum and ERC-20 tokens. This upgrade involved a temporary delay in transactions and the creation of new addresses.
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