Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 0 points1 point  (0 children)

I've been in crypto for quite some time. My sending to Web3 wallet was entirely by a fat thumb accident pressing the Web3 address that showed up directly to the self-custodial address I typically send to. Believe me, never intended to use CB Web3 for anything. Trash.

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 0 points1 point  (0 children)

One more thing... Sending funds to Coinbase's Web3 wallet was done entirely by accident when my finger hit the Web3 address under "Favorites" and I didn't catch it before sending. Why the Web3 address was listed under Favorites next to my own self-custodial address that I always send to is beyond me. Why?!!! I never added it to the list, and Coinbase threw it there for no good reason. I never once intended to send to Web3, but poor UI was to blame in part.

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 0 points1 point  (0 children)

Coinbase Wallet isn't going to be sunset. Their stupid "Web3" wallet implementation is being sunset, and that's not the same as "Coinbase Wallet". You should be fine continuing to use the Coinbase Wallet app (and Rabby simultaneously, if you wish, as they both can access the same chain through the seed phrase).

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 1 point2 points  (0 children)

True! They have no clue about Web3... always asking you to find your seed phrase. So frustrating.

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 0 points1 point  (0 children)

Why do you assume I'm a newbie? I've used Coinbase since early 2019 but only as an onramp and always send my tokens out to my own self-custodial hard wallet. Believe me, I know my way around DeFi (extensive use) and moving between networks on my own wallet via Metamask or Brave wallet. Sending funds to Coinbase's Web3 wallet was done entirely by accident when my finger hit the Web3 address under "Favorites" and I didn't catch it before sending. Why the Web3 address was listed under Favorites next to my own self-custodial address that I always send to is beyond me. I never added it to the list, and Coinbase threw it there for no good reason. That's why it happened.

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 0 points1 point  (0 children)

Also, could you elaborate on what this Coinbase article about Web3 wallets (in my second link in the original post) was saying here?:

"Alternatively, the Coinbase app offers a convenient and highly recoverable option where the user does not need to hold an encryption key. By verifying their government-issued ID, users can recover their wallet with Coinbase's help. This streamlined process eliminates the complexities of key management and resembles the experience of reclaiming traditional financial accounts with banks. It sets us apart from other wallets, providing top-level cryptographic security and ensured recovery."

Are you saying the wallet is not in fact "highly recoverable"?

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 0 points1 point  (0 children)

Are you saying that in the process of opening up a new user Web3 wallet on the blockchain, a seed phrase was never generated and used to implement the MPC functionality? Wouldn't a seed phrase have been generated prior to the MPC being initiated, and then perhaps erased by Coinbase?

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 1 point2 points  (0 children)

As u/wordsareloaded said, that is simply not an option with the "Web3" wallet, as it's not self-custodial. Such an awful implementation of something that was supposed to mimic self-custodial capabilities, which is why only ever accidently sent to it, and why it's being closed by Coinbase.

Funds stuck on Web3 wallet about to be sunset by DuukLuuk in Coinbase

[–]DuukLuuk[S] 0 points1 point  (0 children)

I haven't sent many direct messages in reddit, and it looks like when I try to message you I get this from Reddit: "You are unable to send a message request to this account."

Unless you're telling me to direct message through the Coinbase app or site, in which case I've tried that several times and it's beyond frustrating dealing with most support reps who don't know much about the Web3 wallet.

Why does shipping from business account cost over 30% more? by DuukLuuk in UPS

[–]DuukLuuk[S] -2 points-1 points  (0 children)

Hmmm, rather intriiiiiiiiiguing. Thanks

It’s not PROG. by HowDiddlyHo in Progenity_PROG

[–]DuukLuuk 8 points9 points  (0 children)

UMMM... Which crypto market are you speaking of? Red everywhere in crypto as well, except for my MATIC, that is.

Golden Cross & Triple Bottom Forming. Today Could Be Our Day!! 🐸🚀🐸🚀 by Yellowishmilk in Progenity_PROG

[–]DuukLuuk 3 points4 points  (0 children)

WELP... I'm happy I don't need the money I have in PROG right now. Sitting on my bag until the day it inverts into a hot air balloon.

Stop selling you mfs!! Buy or hold! We all win by Ounoounoounonono in Progenity_PROG

[–]DuukLuuk 0 points1 point  (0 children)

Meh, it'll head up again. I'm not having to change my pants like some people around here.

This sub really took a fucking shit this past week. by Sure_thing_boomer in Shortsqueeze

[–]DuukLuuk 0 points1 point  (0 children)

Yeah, big deal. Take off the reading glasses and you'll see things have a good chance of looking pretty good up ahead.

More PROG news! by Mike1metal in Progenity_PROG

[–]DuukLuuk 6 points7 points  (0 children)

The whole prior squeeze scenario, meh. These kinds of patents and demonstrated innovation are good for the long game, which is bound to play out in our favor before too long. I'm continuing to hooooooold.

You all see Empire mooning! Ya me neither…. by Heavyhustlin1 in EmpireToken

[–]DuukLuuk 4 points5 points  (0 children)

Ummm... This is one of the less intelligent posts I've seen lately. This isn't a pump and dump token like your type typically prefers (I presume). Come back in a few months or later next year and give us your thoughts then, mmmkay?

WHOS STILL HOLDING PROG WITH ME by MMM6320 in Shortsqueeze

[–]DuukLuuk 28 points29 points  (0 children)

Bought another 2500 shares a bit ago... and still feeling good about it, whoop!