coinbase

Coinbase's $300M Scam Crisis: Is Centralized Control the Real Problem?

Coinbase's $300M Scam Crisis: Is Centralized Control the Real Problem?

$300 million. That's a staggering number. That’s the average Coinbase users have been scammed out of each year due to social engineering scams. Think about that for a second. That’s more than the vast majority of seed stage or even Series A stage startups raise in funding rounds. Criminals are...
Coinbase Battles Social Engineering Scams Costing Users Millions

Coinbase Battles Social Engineering Scams Costing Users Millions

Coinbase is attempting to combat a growing trend of social engineering scams. These scams have defrauded the Dante platform of millions of dollars, as well as its users. As recently as March, Coinbase users lost more than $46 million to these fraudulent traps. The beleaguered crypto exchange FTX is facing...
Coinbase's $300M Loss: Are Users the Victims or the Problem?

Coinbase's $300M Loss: Are Users the Victims or the Problem?

Imagine this: you're a teacher, finally deciding to dip your toes into crypto, lured by the promises of a secure financial future. You pick Coinbase—you know the name, you trust the name, it looks like a legitimate platform. Then one day, an email that seems completely legitimate shows up. Instead,...
Coinbase CISO: $300M Lost! Can YOU Beat Crypto Scams?

Coinbase CISO: $300M Lost! Can YOU Beat Crypto Scams?

The world of cryptocurrency, though filled with amazing opportunity, is unfortunately also filled with scammers. Recently, the Chief Information Security Officer (CISO) of Coinbase revealed a staggering statistic: a loss of $300 million due to crypto scams. This revelation serves as a stark reminder of the pervasive threat landscape and...
Ripple's XRP: Is Coinbase's Futures Play a Revolution or Risky Gamble?

Ripple's XRP: Is Coinbase's Futures Play a Revolution or Risky Gamble?

Coinbase is jumping straight into XRP futures, and everyone can barely contain their excitement. I do have some flashing neon signs telling me “danger ahead!” – particularly for Asian investors. These 140 characters and their corresponding data points go beyond the charts and graphs—it’s about real people. They put their...
Samani's $7M Coinbase Move Solana's Lifeline Or Just Yield Farming?

Samani's $7M Coinbase Move Solana's Lifeline Or Just Yield Farming?

Hold on a second, let’s review Kyle Samani’s $7 million USDC jump to Coinbase. Lookonchain alerted it, the crypto-sphere is buzzing, and of course everybody thinks it’s headed toward a SOL shopping spree. Given that Multicoin has long been one of the most prominent Solana bulls, the dots connect fairly...
Crypto Community Eyes Kyle Samani's $7M USDC Transfer to Coinbase

Crypto Community Eyes Kyle Samani's $7M USDC Transfer to Coinbase

Kyle Samani, a prominent figure in the blockchain space, has recently made headlines due to a significant transaction involving a $7 million transfer of USD Coin (USDC) to Coinbase. Some are now asking if this means that a strategic attempt to acquire Solana (SOL) is underway. The provocation, completed earlier...