Coinbase Was Targeted By Phishers – This is What Happened [ Crypto Espresso 2.23.23 ]

It's Thursday which means we look at Which at times obscure Holiday Hits on Today and today is chili day it's a meal I can truly get behind though after I Eat it don't get behind me slather that Stuff onto a hot dog and run as fast as You can just make sure there are no Guatemalan Insanity peppers in it or You're gonna have a bad time but enough Talk of chili we have crypto to discuss And I'm your host Andrew and this is Crypto espresso your teeny tiny daily Shot of caffeinated crypto headlines Let's spin dash into the news first up Sam bakeman freed has offered to pay for A tech expert as a court reviews his Bail conditions ftx's disgraced Co-founder has landed himself in hot Water with his judge after using an Encrypted messaging app to contact a Former colleague it then emerged that he Used a VPN which conceals online Activities apparently to watch the Super Bowl this latest development comes days After the judge hinted that he was Prepared to put SPF Behind Bars until His trial begins in October both the Prosecution and defense have been asked To work together and come up with Tighter bail conditions concerning his Internet usage to prevent such incidents In the future fears have been raised That he could engage in witness Tampering or moving crypto Dapper Labs

Has failed in its attempt to get a class Action lawsuit against NBA Top Shot Thrown out of court the lawsuit claims The nft Collection which features video Clips of basketball Stars called moments Or unregistered Securities but the Company disagrees and says they are Better compared to old-fashioned trading Cards unfortunately for Dapper a judge Has said that it is plausible that these Nfts are securities and ruled that the Case should go ahead Dapper Labs told Coin market cap that the judge's Decision doesn't amount to a final Ruling adding courts have repeatedly Found that consumer goods including art And collectibles like basketball cards Are not Securities under federal law for The second time in a week the bank for International settlements is attacking Crypto the association representing Central Bankers is now arguing that Crypto has lost the battle to replace Cash after a punishing bear market and a Slew of high-profile bankruptcies Speaking to Bloomberg B Eis general Manager Augustine Carstens declared a Technology doesn't make for trusted Money of course many in the crypto space Would argue that this assessment is a Bit off the mark and that Bitcoin in Particular has made quite a bit of Progress since 2009. also Fiat Currencies haven't exactly had the best

Couple of years either with the money Machine going were contributing to Red-hot levels of inflation coinbase has Revealed that it's Fallen victim to a Successful but relatively minor phishing Attack an employee was asked to respond To a fake text message with a link Asking them to log into their work Account well this allowed a malicious Actor to get their username and password And they later pretended to be from it In an attempt to access coinbase's Internal systems The Exchange says Strict internal controls prevented the Attacker from stealing any funds or Customer information but this is always A warning that employees need to be Vigilant for phishing attacks and the Consequences can be disastrous last Year's hack of the Ronin Bridge was also Caused by a social engineering attack And that led to crypto worth 625 million Dollars being stolen so keep those eyes Open people and finally blur recently Overtook Open Sea to become the world's Biggest nft Marketplace in a shocking Turn of events well now blur's Co-founder has decided to reveal his True identity and he's not a sexy anime Man as his Avatar would have you believe Tishun roll care has created several Crypto companies in the past after Dropping out of MIT including name base He previously went by the pseudonym

Pac-Man the 24 year old said that it was Time to share his identity publicly Because blur's Community has grown Rapidly meaning he doesn't have as much Capacity for one-on-one calls blur has Stolen Open Seas Thunder by offering Zero commission fees and making Royalties for creators optional open C Has now had to slash its own fees in an Attempt to remain competitive and Speaking of staying competitive I said I Was going to read the outro in different Ways for the rest of this week and today I'm gonna try Professional news guy be sure to like This video subscribe to our YouTube Channel and click click on that little Bell icon to get buzzed whenever a new Crypto espresso video goes live how did You like today's episode well let us Know in those comments below is my Cadence better is my speed just right Please give me feedback because I crave It like a plant craves the sun questions About our headlines or crypto in general Why not ask Alex in that description Below Alex is a great resource for all Things web 3 and the metaverse and that Does it for today again I have been your Host Andrew these have been your Headlines and we will see all of your Beautiful shining faces tomorrow

Coinbase
OUR TAKE

Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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