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Coinbase Wallet hacked
Content: The thieves cashed out all my deposits and moved them to their own wallets. I had it set up to prompt for transaction confirmations. No confirmations popped up during those transaction hacks.

There is no sign of a compromised email account, and my desktop and phone scanned clean. My seed was only in-app and via its integrated backup to google drive which shows no signs of being compromised: there is no indication of how the account was compromised.

HOW IS THIS EVEN POSSIBLE?

submitted by /u/yootzi_goodzi to r/CoinBase
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Url: https://www.reddit.com/r/CoinBase/comments/pakuit/coinbase_wallet_hacked/
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Your daily dose of Crypto - Aug 24
Content: Your daily dose of Crypto

1. The total market cap stood at $2.2 trillion and is down by 1.3% in the last 24 hours.

2. BTC is facing resistance at $50k as the short term rally stalls, where as ETH is facing resistance at $3.4k.

3. LUNA has set a new ATH of $34.25 and is up by over 16% in the last 24 hours. link

4. Tezos blockchain has been selected as a partner to provide tokenized assets to institutional clients by a group of Swiss Fin-tech companies. link

5. Newsletter platform Substack has announced that it will accept Bitcoin for payments using the Lightning Network for a limited number of publishers. link

6. The majority of respondents of a survey of 2,500 Brits are more apprehensive towards “Britcoin”, the CBDC planned by Bank of England. link

7. In India, a new wave of young investors from non-metro cities have increasingly trading cryptocurrencies and stocks since the Covid-19 outbreak. link

8. El Salvador’s president has insisted that using Bitcoin as a legal tender won’t be compulsory in the country, in contrary to what the law says.

9. The saga of the Poly Network hacking has come to an end, as they announced that the hacker has returned all the remaining funds on twitter.

submitted by /u/Aegontarg07 to r/CryptoCurrency
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Url: https://www.reddit.com/r/CryptoCurrency/comments/pami42/your_daily_dose_of_crypto_aug_24/
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What is a Bitcoin
Content: Hi,

I am sorry in advance for asking a dumb question, but I am trying to understand what a Bitcoin is exactly, and can't figure it out.

All I can find is how the blockchain and mining works, but not what Bitcoins really are.

For example, I found that the miners create blocks on the blockchain by solving a puzzle, and then as a reward they receive Bitcoin.

But where are these Bitcoins coming from, are they stored somewhere, or are these coming from these blocks?

And what are Bitcoins, are they like code or something?

Can someone help me to understand this better?

Thank you in advance.

submitted by /u/rdz83 to r/BitcoinBeginners
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Url: https://www.reddit.com/r/BitcoinBeginners/comments/panukp/what_is_a_bitcoin/
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Messages from scammers.
Content: It’s mad how many messages from scammers I’ve received, after posting yesterday about Coinbase not loading. I guess this happens a lot? Or is it because I’m new. Either way it’s sad.

submitted by /u/Kittykatt072876 to r/CoinBase
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Url: https://www.reddit.com/r/CoinBase/comments/pap7l7/messages_from_scammers/
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Monero atomic swaps on Coinbureau
Content: Great PR for monero as Guy has 1.27 million subscribers as of this date.

https://www.youtube.com/watch?v=_0H60NUayTA

From 14:11 to 15:25

It's also awesome that he mentions that unlike DEFI, there seems to be only one 'winner' in the crypto privacy niche.

submitted by /u/pashtun92 to r/Monero
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Url: https://www.reddit.com/r/Monero/comments/paky7m/monero_atomic_swaps_on_coinbureau/
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Monero has been removed from Coindesk
Content: I’ve just noticed this. It happened this morning. This is likely to further detract from monero’s visibility as I know Coindesk is the place a lot of retail/passive crypto holders and investors go to look for buys

Edit: Coindesk provides a live quote service for all cryptos ..all except monero now (for some reason). It’s one of the first search results when throwing “monero price” into google so is a common landing spot and starting point for many people who are beginning their research into monero. I have a friend who holds monero who goes to check prices on Coindesk ..I sometimes use it too. I know several people who read articles on Coindesk. Link: https://www.coindesk.com/price/monero

Edit 2: Some are saying Coindesk have removed any quoting service outside of the top 20. This is incorrect. Zcash is 64th and their price feed is working. Link: https://www.coindesk.com/price/zcash

submitted by /u/HoodestBuddhist to r/Monero
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Url: https://www.reddit.com/r/Monero/comments/pap1xb/monero_has_been_removed_from_coindesk/
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I’m dumb and got phished.
Content: Hello! I would usually consider myself to be semi internet literate and not prone to scams but I guess I fell for one. As a result someone sent themselves the entire balance of my Bitcoin in my CB account. Aside from filing a police report can anyone offer advice as to what steps to take after Bitcoin gets stolen? TIA.

Update: I still don’t know exactly what I did wrong. I did find the dodgy URL in my history but to my knowledge I’ve only ever accessed Coinbase through the app and official Coinbase site so I’m not sure how I got redirected. I double checked and all my emails were legit Coinbase emails. Here’s the transaction through the blockchain if this helps anyone avoid them.

https://live.blockcypher.com/btc/address/3HCuBvHLWJnGSDMLE69R5afSEyHPD4LjF5/?__cf_chl_jschl_tk__=pmd_ulSzw3umBlRbySxHIaeTowsazBM.70MstuB3OlYW5KI-1629823116-0-gqNtZGzNAjujcnBszQoR

submitted by /u/brimabe to r/CoinBase
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Url: https://www.reddit.com/r/CoinBase/comments/paot8p/im_dumb_and_got_phished/
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Please learn from another’s misfortune… My little brother just lost almost 50,000$ because of something so simple.
Content: So back story since I have to hit a character limit anyway…. My little brother sold his car before his deployment a little over a year ago. Dumped his 12k into crypto and over the course of the last year turned it into just under 50k…

All is well so far right. Well the guy decided at the beginning the best way to not lose his keys was to screenshot them. He was even smart enough to print said picture and put it in a safe. And delete the pic from his phone.

What he failed to do was delete the photo from his Apple photos backup. Fast forward to today and someone hacked into his Apple account (not a difficult feat for most hackers) Obviously recognized screenshots from a crypto wallet keys, address, and QR code included. And cleaned him out.

His funds since have changed addresses a couple times and from his best look have been converted to Monero…gone forever.

Hopefully from his misfortune someone here can learn a lesson and not suffer the same fate. Hell most of us probably even have a insider threat. Get a divorce and a disgruntled spouse who knows your passwords cleans you out lol. Be smart

And FYI he is a member of this sub if you wish to express condolences or give him crap for being an idiot. (That’s what I’ve been doing). We will see if he is too embarrassed to speak out lol.

submitted by /u/Fit_Consideration560 to r/CryptoCurrency
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Url: https://www.reddit.com/r/CryptoCurrency/comments/pas8z3/please_learn_from_anothers_misfortune_my_little/
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Hacked Accounts are not Coinbase Fault - Sorry CNBC
Content: After reading many articles and situations on how individual accounts got hacked - Phone Carriers(Especially! T-Mobile) are at fault for allowing SIM Card Swamps. The fact these phone carriers never caught on to these hackers is unbelievable. Two authentication is used by so many companies, not just Coinbase. If your own phone carrier allows a hackers to take over your phone with 5 min call and gain access to any account - The Phone Carrier is at fault.

We just recently found out hackers had access to over 101 Million users data at T-Mobile Database. We have no idea how long they have had access to the database. For all we know, they have been using this information to gain access to our personal identification(SSN, Address, Photo ID).

There is a huge lawsuit that needs to be settled to all customers of T-Mobile, Sprint and Verizon when it comes to our Data.

submitted by /u/Separate-Insurance63 to r/CoinBase
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Url: https://www.reddit.com/r/CoinBase/comments/paugsk/hacked_accounts_are_not_coinbase_fault_sorry_cnbc/
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Monero, and creepy blockchain tracing firms
Content: The following article from The Motley Fool https://www.fool.com/investing/2021/08/23/why-monero-is-skyrocketing-today/ says it best

It's therefore a solid cryptocurrency to buy now for those looking to use it for legitimate transactions without worrying about creepy blockchain tracing firms.

submitted by /u/ArticMine to r/Monero
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Url: https://www.reddit.com/r/Monero/comments/patejk/monero_and_creepy_blockchain_tracing_firms/
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