Post
Topic
Board Bitcoin Discussion
Re: 6000 coinbase clients hacked
by
Chato1977
on 07/10/2021, 04:08:46 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/
even how hard or strict a exchange is but if there is corruption on going surely cases like this will continues to happen.

This is same reason that it is really hard to trust sites that asks KYC because it will always be the target of criminals.