Coinbase accused of neglecting security, costing users up to $300M annually
Crypto investigators ZachXBT and tanuki42 claim Coinbase neglected security lapses that cost users more than $300 million annually.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto investigators ZachXBT and tanuki42 claim Coinbase neglected security lapses that cost users more than $300 million annually.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Riot Repays Coinbase Loan, Ends $200 Million Bitcoin-Backed Facility
Riot Platforms (NASDAQ: RIOT) has repaid its outstanding borrowing from Coinbase Credit and terminated a $200 million credit facil...
Kalshi must lock out state users after major court loss
The Sixth Circuit ruled Sept. 25 that Ohio and Tennessee can apply their gambling laws to Kalshi's sports contracts. The court rej...
Old Magic Eden NFT approvals put users at risk after whitehat moves 3,832 NFTs
Old Magic Eden NFT approvals could still put some former users at risk months after the company closed its Ethereum marketplace. A...
Coinbase tokenized stocks go live on Aave V4 on Base
Coinbase tokenized stocks are now live on Aave V4 on Base, letting eligible users post seven US tech stocks as collateral to borro...
D’CENT app wallet attack drains 12.4M XRP from thousands of users over 10-day spree
The attack highlights the critical need for robust security measures and timely updates to prevent large-scale cryptocurrency thef...
Citi Taps Coinbase for Corporate Stablecoin Payments: WSJ
Citi has tapped Coinbase to help its large corporate clients accept stablecoin payments from customers, The Wall Street Journal re...