Coinbase Security Breach: Inside the Hack That Rattled Crypto’s Trust Fund
Another day, another crypto exchange with egg on its face—only this time it’s the NASDAQ-listed golden child. Here’s how attackers slipped past the bouncers at Club Coinbase.
The breach breakdown: While details remain scarce, insiders confirm unauthorized access to customer accounts. No ’hot wallet’ compromise (this time), but enough to make retail investors check their portfolios twice.
Why it stings: This isn’t some fly-by-night operation—it’s the exchange that brought crypto to Wall Street’s prom. When their security gets questioned, the whole industry gets dragged.
The silver lining? At least it wasn’t FTX-level fraud. Just your garden-variety security failure in an ecosystem where ’trustless’ somehow still requires blind faith.