Author

Topic: Over $40000 has been stolen from Bitcoin wallet provider Coinbase (Read 801 times)

member
Activity: 99
Merit: 10
phishing hackers are starting to target the bitcoin community, we are all responsible of securing our data and privacy, especially when it gives access to wallets...
member
Activity: 93
Merit: 10
Software Engineer
Even with phishing attacks, the company deserves some blame.  It doesn't mean the customer in this case deserves or will get a refund, but less savvy users sometimes need to be reminded not to fall for these scams.  Coinbase should remind users on their website to not fall for this, if they don't already.  If the user had been using two factor authentication like I do, this would have been avoided.

I'm sure $40,000 is tiny compared to what has been taken from Paypal accounts or regular online banking customers.  Really small news and to be expected as Coinbase grows.
full member
Activity: 168
Merit: 100
Pretty much, but that does not sell very well.

Just look at all the bold red text blocks ... hilarious.
legendary
Activity: 4438
Merit: 3387
So, the money wasn't stolen from Coinbase. It was stolen from couple of Coinbase customers when they fell for a phishing attack.
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