{"id":11695,"date":"2015-02-04T04:37:38","date_gmt":"2015-02-04T09:37:38","guid":{"rendered":"https:\/\/ktsl888.com\/?p=11695"},"modified":"2020-10-07T11:35:03","modified_gmt":"2020-10-07T11:35:03","slug":"coinbase-reports-phishing-attack","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/coinbase-reports-phishing-attack\/","title":{"rendered":"Coinbase Reports Phishing Attack; Reimburses Affected Users"},"content":{"rendered":"
Late last night, Bitcoin payment processing company Coinbase <\/a>released an announcement via its community platform. According to the head of support, the company had discovered a phishing attack earlier that morning, an attack involving an email that requests users to accept a new terms of service agreement and \u2013 in the process \u2013 sign into their account.<\/p>\n Upon signing in, the account would authorize an attempt to remove BTC from the user’s wallet. According to Coinbase, only a few individuals have been affected and the company has promised to reimburse them for the coins lost while it investigates further.<\/a><\/p>\n The announcement in full:<\/p>\n This morning we discovered a phishing attack that came via email, requesting users to click to accept New User\/Service Agreement.<\/p>\n This prompted users to sign in to their accounts and authorize a malicious application to remove bitcoin from their Coinbase Wallet.<\/p>\n We found this malicious application relatively quickly, and we shut it down. Only a small number of users were affected, and we will be reaching out to them directly.<\/p>\n We will be reimbursing the affected users the bitcoin that they lost, while we continue the investigation.<\/p>\n To stop this from happening again, we are reassessing our API\/application approval process, as well as re-visiting the limits of money that can be sent over an application.<\/p>\n Lastly, we began to talk about how we can proactively reach out customers and educate them on how to use their Coinbase Vaults as a more secure way of storing their bitcoin.<\/p>\n We appreciate the feedback and patience with this matter.<\/p>\n The Coinbase Team<\/p><\/blockquote>\n