Coinbase’s $400M Hack Response Gets Rare Crypto Industry Applause
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When $400M vanishes, most exchanges ghost customers—Coinbase just wrote the playbook for crisis comms.
Damage control done right: The platform froze withdrawals within minutes, traced funds in real-time, and kept users updated hourly. Even crypto skeptics admit it’s a masterclass in transparency.
The cynical twist: Imagine if banks needed ‘praise’ for basic security hygiene. Welcome to Web3, where not losing client funds is now a competitive advantage.
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