RiCHi3.sol pfp

RiCHi3.sol

@richi3gmi

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18 Followers


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Good Morning ☀️ A lot’s happening in the markets rn Let me break down what’s going on and what I think it all means for the market ahead: ⸻ 1. Coinbase just got absolutely wrecked So yeah… Coinbase got hit with one of the worst security breaches we’ve seen in this space. Insiders were bribed, and hackers ran off with sensitive customer data. we’re talking names, emails, phone numbers, IDs, account balances, even last 4 digits of SSNs. Real bad stuff. They demanded $20M in ransom. Coinbase refused. Now the company’s facing estimated losses between $180M and $400M, and they’re putting up a $20M bounty to catch whoever did it. This is gonna shake trust in centralized exchanges, no doubt. Retail won’t panic immediately, but imo this pushes more users toward self-custody and DEXs. It also sets up regulators to come in hard. Posted by Axel Bitblaze on Twitter. /coinbase
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