Post
Topic
Board Bitcoin Discussion
Re: 6000 coinbase clients hacked
by
Silberman
on 02/10/2021, 22:05:08 UTC
Another example why using central exchanges is risky. The hackers knew private data of the users. One corrupt employee or one successful hack and bad guys capture your email, home address, phone number and sell it to local criminals who might knock on your door then best encrypted wallets are useless. Cryptocurrencies are designed for peer to peer usage. If you change it into peer to bank to peer then this adds some risks.

https://www.reuters.com/business/finance/coinbase-says-hackers-stole-cryptocurrency-least-6000-customers-2021-10-01/
Did news of the hack appeared just now or is it Reuters recycling old news to try to create FUD or something? If it is the former then it is interesting that we are only finding about the hack right now, while if it is the latter then I wonder if they want to create FUD and slow down the market that way, anyway we all know what it must be done to avoid something like this, if you have to use exchanges then do so but never leave your coins there as they are too big of a target and hackers are always trying to find a way to get to your coins, so by leaving your coins there you are running the risk of being robbed by the hackers or the exchange itself.