A Coinbase user reportedly lost about $34.9 million worth of BTC to scammers, according to crypto investigator ZachXBT.

"As of March 14, Coinbase is transitioning to self-custodial wallets," the fake mail read. The scammers also send verification texts via SMS, urging users to call a fake support number.

A large-scale Coinbase phishing attack poses as a mandatory wallet migration, tricking recipients into setting up a new wallet with a pre-generated recovery phrase controlled by attackers.

Promotion: Get $5 of bitcoin when you join Coinbase; earn up to $200 when you ... $2 monthly fee on uninvested cash if your cash balance is under $5k eToro USA is a popular cryptocurrency exchange ...

The CEOs behind crypto exchanges Coinbase and Gemini argue that Bitcoin may be the only cryptocurrency that meets the criteria for being a US reserve asset. “Only one digital asset in the world ...

boosting Coinbase's revenues. Conversely, during market downturns, reduced trading can negatively impact the company's financial results. On the other hand, MicroStrategy's strategy of leveraging its ...