mayazi-1
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Honestly this is BS. Anyone who has dived into most CB earning reports would have known that figure wasn’t misleading.
It’s like the SEC wants to pile into a bad CB news day just to troll.
https://www.nytimes.com/2025/05/15/technology/coinbase-sec-investigation.html?smid=nytcore-ios-share&referringSource=articleShare
It’s like the SEC wants to pile into a bad CB news day just to troll.
https://www.nytimes.com/2025/05/15/technology/coinbase-sec-investigation.html?smid=nytcore-ios-share&referringSource=articleShare
Here’s an idea for the pro-crypto Trump regime - legislate a decentralized AmL/KYC regulatory framework that eliminates the honeypot data aggregation that endangers individuals for the government to pretend they have an hermetic purview for financial surveillance that instead of pointing at the real crimes, becomes the tragedy of the commons.
Here’s the thing about the Coinbase hack & any hack that compromises a honeypot of PII…there’s no undoing it.
Clients whose data was compromised will be vulnerable to identity theft, ransoms, etc for years.
Is Coinbase willing to pay out that damage?
It’s not that different from other hacks (experian), but no other company was willing to pay damages on an individual basis like what Brian Armstrong offered.
Clients whose data was compromised will be vulnerable to identity theft, ransoms, etc for years.
Is Coinbase willing to pay out that damage?
It’s not that different from other hacks (experian), but no other company was willing to pay damages on an individual basis like what Brian Armstrong offered.
The biggest attack vector that exposed ppl are the centralized honey pots that aggregate various PiI under one roof & then fail to protect it.
Boggles my mind why crypto native companies haven’t found a way to integrate decentralize directory primitives to protect their users.
Boggles my mind why crypto native companies haven’t found a way to integrate decentralize directory primitives to protect their users.
Say what you will, but Ethereum has an inherent strategic advantage in onboarding tradfi instruments on-chain.
It’s not a tech issue, as much as organizational familiarity & experience with the ecosystem.
It’s not a tech issue, as much as organizational familiarity & experience with the ecosystem.
Online payment companies got into stablecoins thinking crypto will disrupt them, but their entire product stack is based on how people shop today.
AI is about to disrupt that entire stack & abstract payment & competition across payment systems.
AI is about to disrupt that entire stack & abstract payment & competition across payment systems.
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