ZachXBT criticizes Coinbase for mishandling user data, emphasizing the risks associated with a breach affecting 97,000 accounts. Though funds remain secure, the leaked information heightens the potential for phishing and social engineering scams.
Insider threats at Coinbase, involving bribed customer support agents, revealed sensitive data, highlighting vulnerabilities in centralized exchanges. The community demands improved security measures and reduced reliance on personal data.
The incident calls for a reevaluation of security practices in the crypto sector and emphasizes the need for decentralized solutions to mitigate risks associated with user authentication.
Full story here: https://coincu.com/338221-coinbase-data-breach-2025