←back to thread

I have recordings proving Coinbase knew about breach months before disclosure

(jonathanclark.com)
685 points jclarkcom | 4 comments | 16 Nov 25 20:18 UTC | HN request time: 0.74s | source
1. jrm4 ◴[16 Nov 25 21:29 UTC] No.45948569[source]▶
FWIW, this is why "not your keys, not your coins."

Coinbase is good for on-ramping, bad for storage. You know, the entire point of cryptocurrency.

replies(2): >>45948857 #>>45948925 #
2. wmf ◴[16 Nov 25 22:06 UTC] No.45948857[source]▶
People doing self-custody also get hacked and phished all the time.
replies(1): >>45950356 #
3. jclarkcom ◴[16 Nov 25 22:13 UTC] No.45948925[source]▶
True - but be very careful. Roughly 10–18% of all BTC are believed gone forever due to lost keys/wallets. That is more than all hacks and exchange blowups combined. If you take your wallet offline it can be hard not to lose your keys over a long period of time, including across death to your next of kin.
4. petesergeant ◴[17 Nov 25 02:27 UTC] No.45950356[source]▶
https://imgflip.com/i/acbvxh