Archive: coinbase hack


How to Avoid Getting Hacked

By Adam Sharp on October 1, 2021

This week news broke that up to 6,000 Coinbase customers were hacked between March and May 2021. Here are the basics of the situation via Coindesk: Between March and May 20, the hacker or hackers used a flaw in Coinbase’s account recovery process to get the SMS two-factor authentication token to break into customers’ accounts and transfer funds out of them. The bad actor or actors also…