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Category: Coinbase

Crypto elite increasingly worried about their personal safety

Cryptocurrency executives and other investors with significant wealth from crypto holdings are getting more serious about personal security, according to stories this weekend in both the Wall Street Journal and Bloomberg. While cryptocurrencies have always created unique security risks, it seems there’s a rising threat of violent abduction due to the growing value of Bitcoin,…

TechCrunch Week in Review: Coinbase gets hacked

Welcome back to Week in Review! We’ve got tons of news for you this week, including a hack at Coinbase; YC thinks Google is a ‘monopolist’; layoffs at Microsoft; and much more. Have a great weekend! Uh-oh: Coinbase says that customers’ personal information, including government-issued IDs, was stolen in a data breach. The hackers demanded…

The Coinbase Data Breach: A Breakdown of What Went Wrong

How did a $400 million data breach happen at Coinbase? It wasn’t a tech failure—it was a human one. Learn how social engineering exploited trust and what it means for cybersecurity. The post The Coinbase Data Breach: A Breakdown of What Went Wrong appeared first on Security Boulevard.

Inventex founder, an engineer for Coinbase at 14, wants to revolutionize patent applications

Daniel Ruskin started his career when he was a mere 14 years old as an engineer for Coinbase. As he tells it, he was a teenager “who knew how to code and wanted to build cool things.” Obviously too young to get a bank account, Ruskin did freelance development work he found on reddit in…

Trump 2.0 Brings Cuts to Cyber, Consumer Protections

One month into his second term, President Trump’s actions to shrink the government through mass layoffs, firings and withholding funds allocated by Congress have thrown federal cybersecurity and consumer protection programs into disarray. At the same time, agencies are battling an ongoing effort by the world’s richest man to wrest control over their networks and…

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit – and beat it

Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again.  The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was…

Coinbase eyes re-entry to India

Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter…

Smashing Security podcast #403: Coinbase crypto heists, QR codes, and ransomware in the classroom

In episode 403 of “Smashing Security” we dive into the mystery of $65 million vanishing from Coinbase users faster than J-Lo slipped into Graham’s DMs, Geoff gives a poor grade for PowerSchool’s security, and Carole takes a curious look at QR codes. All this and more is discussed in the latest edition of the “Smashing…

A Day in the Life of a Prolific Voice Phishing Crew

Besieged by scammers seeking to phish user accounts over the telephone, Apple and Google frequently caution that they will never reach out unbidden to users this way. However, new details about the internal operations of a prolific voice phishing gang show the group routinely abuses legitimate services at Apple and Google to force a variety…

How to Lose a Fortune with Just One Bad Click

Image: Shutterstock, iHaMoo. Adam Griffin is still in disbelief over how quickly he was robbed of nearly $500,000 in cryptocurrencies. A scammer called using a real Google phone number to warn his Gmail account was being hacked, sent email security alerts directly from google.com, and ultimately seized control over the account by convincing him to…