Topic: Coinbase new security (Read 487 times)
So, do you think that with the new phone authentication, accounts with Coinbase are a lot more secure?
Coinbase will also require phone authentication if you log in from other than a registered machine. So, yeah, something else is going on here.
It's still not good enough to stop whoever instantly hacked my account after sending BTC to it
It doesn't look like his Coinbase account got compromised from a theif accessing the account, ... there's something else going on with this:
Since Coinbase doesn't give out private keys there's no way for a thief to create a transaction that looks like a "You sent Bitcoins to an external account" 10.399 BTC withdrawal in the Coinbase Transactions history but at the same time have a transaction combined with other inputs at the blockchain transaction level.
It's still not good enough to stop whoever instantly hacked my account after sending BTC to it
Is there any recourse? I wonder how the hacker got in.
It's still not good enough to stop whoever instantly hacked my account after sending BTC to it
I apologize if this has already been discussed. I use Coinbase and noticed that now members have to enter a 7 digit security number each time they log in - the number is sent to a pre-registered phone number of the member. This seems to add tremendously to the security since not only do you need a password to make transactions, but you also have to have a phone to receive the text with the 7 digit number.
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