Quote from: NeuroticFish on October 02, 2021, 08:15:03 PM

I'll only add that why is this getting publicized this heavily ... now? Are they running out of "bitcoin is bad" news?

If something happened 6+ months ago, and we only find out now - then it is very obvious that the publication of such news is directed either in the direction of creating some kind of panic, or perhaps rather in the direction of showing how quickly Coinbase acts in such situations and that all damaged users are compensated.

Quote

"We immediately fixed the flaw and have worked with these customers to regain control of their accounts and reimburse them for the funds they lost," a Coinbase spokesperson said on Friday.

The message they send in this way is more than clear, "even if you are hacked, the company will compensate you", which in some way encourages users to use their account as crypto storage.