Coinbase News: Users Targeted in Sophisticated Mass-Phishing Scam

In a recent development, Coinbase users have become the victims of a large-scale phishing scam. Here’s what you need to know.

Coinbase Users Targeted by Mass-Phishing Scam

Over the weekend, Coinbase users received numerous phishing emails from scammers. These emails falsely claimed that Coinbase is transitioning users into self-custodial wallets due to a court mandate stemming from a dismissed class-action lawsuit. The scam emails and texts were sophisticated, including fake verification texts and emails designed to trick users into setting up wallets that the scammers can drain. Any crypto assets sent to the compromised wallets become immediately accessible to the fraudsters, resulting in theft. Users are advised to stay vigilant and avoid falling prey to such scams.

Pi Coin Set for 50% Surge: Coinbase Listing Rumors Ignite Investor Interest

Pi Coin has sparked renewed attention in various major crypto markets following hints of a potential Coinbase listing, driving speculation of a possible 50% price surge. The Pi Coin, which operates on the Pi Network blockchain, has faced recent price volatility but may trigger significant growth, according to market analysts. The cryptocurrency community buzzed with excitement after Coinbase’s Chief Legal Officer, Paul Grewal, posted a cryptic tweet about Pi Day.