What Investors Can Do to Protect Their Crypto Now
Is your cryptocurrency safe? Check again.
Coinbase, one of the best crypto exchanges, was hacked on May 11, just days before its public debut on the S&P 500. Cybercriminals bribed overseas support agents for users’ sensitive personal information, affecting around one million Coinbase investors.
Hackers did not breach private keys, passwords, funds, or Coinbase Prime accounts. However, personal information such as names, addresses, government IDs, and the last four digitals of Social Security numbers was compromised.
Although crypto trading platforms like Coinbase are responsible for protecting investors from fraudulent activity and hacks, you can take security into your own hands to further safeguard your…