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Klarna users are being signed in to random accounts

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475 points danielstocks | 1 comments | 27 May 21 10:28 UTC | HN request time: 0.28s | source
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timdaub[dead post] ◴[27 May 21 11:25 UTC] No.27301664[source]▶
Sometime in the future, people will stop belittling crypto currencies when they realize that the digitization concepts of traditional finance technology providers are inferior to those of crypto currencies and blockchains. Putting safety and security first for anything that handles money makes sense.

The calls for "you don't need a blockchain, just use a database" will become less and less.

Edit: Of course, Hacker News hates this comment.

croon ◴[27 May 21 12:16 UTC] No.27302075[source]▶
People can't use bitcoin without offloading transactions outside of the blockchain, which means entrusting an exchange, which could and probably has the same issues as Klarna.
replies(2): >>27305478 #>>27312551 #
1. def_true_false ◴[28 May 21 07:09 UTC] No.27312551[source]▶
I've used Binance, and as far as I can tell, their stuff works as well as Stripe or better. They are an order of magnitude bigger than Coinbase.

Whether they are likely to have a competent security team with sufficient budget is an exercise left to the reader.

My interactions with Klarna have so far failed to inspire similar confidence.