Coinbase: Announces new asset recovery tool for ERC-20 tokens
- Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies
- Delivering a self-service tool that makes asset recovery a simple step-by-step process while protecting the private keys
- Part because employees and support channels don’t have access to the private keys needed to reverse these transactions
- For eligible assets, you can recover mistakenly sent funds and send them to your Wallet
- The recovery tool is able to move unsupported assets directly from your inbound address to your self-custodial wallet
- Customers will need to do their own due diligence to determine the authenticity, safety, and security of the assets they choose to recover
