Coinbase seemingly allows mass-phishing and leaked user information
Shubham Sham notified Coinbase of the bug. Coinbase called it low priority, saying the risks are too little to warrant an immediate fix. Editor's Note: Coinbase has defended themselves here. Coinbase is all over Reddit today. Several people reported receiving e-mails from the Bitcoin enterprise, asking them to make a payment to another user. On top of that, a list was released containing information of many Coinbase users. At first, most people thought this was an April fools joke, but eventually, most became worried Coinbase was hacked. With recent events in mind, who could blame them?....
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Coinbase has been one of the driving forces in the growth of Bitcoin over the past two years. They have brought many major mainstream corporations into the Bitcoin fold recently, with Mozilla (Firefox), Time Magazine and The United Way among them. Now, it seems they are prepared to bring one more mainstream ingredient to consumer's digital currency world: Spying. Also read: Coinbase Seemingly Allows Mass-phishing and Leaked User Information. Coinbase: Regulation Compliant or Digital "Big Brother". Being an American corporation, located in the California's Bay Area, brings certain positives....
San Francisco-based Coinbase is slated to roll out a new feature allowing for device verification this week, according to a security-oriented announcement made on their blog on Tuesday. The device authentication feature is just exactly as it sounds, allowing users of the service to create a list of authorized devices (new devices can be added any time) from which their accounts can be accessed. In other words, if it's not listed, you're not getting in. It's all in effort to better protect the user from the seemingly endless amounts of account phishing and hacking attempts. Coinbase also....
As Bitcoin becomes more popular, so do phishing websites. A phishing website is a website that attempts to impersonate a company to gain information about it, or to steal money. One of the more popular methods of phishing is to make a fake website that looks identical to the real one with only a slightly different URL, and then have the user log in with their real credentials. The phishing site then remembers those credentials and logs in to the real website with that information. The phishing site now has full access to the fooled user's account. One of these phishing sites that became....
Late last night, Bitcoin payment processing company Coinbase released an announcement via its community platform. According to the head of support, the company had discovered a phishing attack earlier that morning, an attack involving an email that requests users to accept a new terms of service agreement and - in the process - sign into their account. Upon signing in, the account would authorize an attempt to remove BTC from the user's wallet. According to Coinbase, only a few individuals have been affected and the company has promised to reimburse them for the coins lost while it....
Scams in the crypto space have recorded a meteoric rise with the bull rally and one Coinbase user has suffered a tremendous loss after falling victim to one of these scams. The user had fallen victim to the phishing scam that saw him lose millions in crypto to the scammer in a matter of minutes. […]