Topic: About the need to end anonymity in cryptocurrencies due to the scams. Coinbase. - page 2. (Read 277 times)

Your online security is your own responsibility.
Nobody can come and save you,if you are dumb enough to get scammed online.
There's no anonymity in the fiat financial system and yet millions of people get scammed every day,their credit card data gets stolen and their fiat bank accounts get milked.The fiat financial system is even more regulated than the crypto industry and the amount of fiat scams is bigger than the crypto scams.
You can connect other applications to your Coinbase wallet AT YOUR OWN RISK.
The Coinbase team can do some monitoring on all applications that can be connected to Coinbase wallets,but they cannot act as your babysitter.
More regulations over the crypto industry won't reduce the number of scams.The main problem is the huge amount of gullible and naive people online,not the quality of the current crypto regulations.

I am of the opinion that there is nothing like a secure platform on the internet or in real life, people have been scammed through social media, banks and pretty much every establishment in-between, regardless of their privacy laws.
If you are interested in crypto, you should first understand that you are your own bank and you provide your own security, bearing the risk of actions you take.

I do not use coinbase services and cannot discuss how they run their programs. But as mentioned earlier, you should not depend on third party services to do due research. You should not even trust the platform if they did tell you that they researched on the services offered.
Do not trust; Verify.

I do not agree with the boldened part. There is no necessity to take out anonymity from cryptocurrencies as that's what they were built on.
Steps (like those outlined) can be taken to protect and you can send an email to coinbase for due consideration.
I can also suggest publicly tagging them on social media as that usually gets a faster response.

I know it's a controversial topic, but I have to express my opinion based on what happened to hundreds of thousands of people, myself included.

In my opinion, Coinbase and Coinbase wallet are insecure platforms because they are vulnerable to anyone convincing a customer to connect their wallet to a malicious defi application designed to steal all the funds and assets they have in the wallet. There will be no password request of any kind, no notice of the type of contract you are signing, nor will you see any email of any kind, nor will coinbase take responsibility for any of the scam you have suffered.

The main problem is that there is no type of control over the applications that you can connect to the wallet, Coinbase does not do any examination, nor does it establish a legitimacy verification policy, so scammers have found gold to scam thousands of people every day in the world.

For things like that, a strict regulation that completely strangles the anonymity of cryptocurrencies is absolutely necessary, because unfortunately they are stealing from hundreds of thousands of people, and rising, and there is no way to even track the identity of the scammers.

They can do a lot more to prevent this problem, for example, allowing only applications accepted by the platform to connect to their systems, after all, they manage the address that Coinbase provided us. They must guard that information. They must send a copy of the signed contract between the person who has the address held by Coinbase and the other counterparty, so that both parties are fully aware of the fine print. They must request passwords at all times to sign this type of contract. In short, they must do much more.