“AT A PANEL AT Consensus 2025, TRM Labs’ Ari RedBord Discussed Coinbase’s Response to Their Recent Hack”, – WRITE: www.coindesk.com
AT A PANEL AT Consensus 2025, Ari Redbord Discussed How Easy It Is For Haps to HapPen on Crypto Exchanges, As The Industry Is “The Perfect Storm Target. ”
Coinbase Shared Earlier on Thursday that kind of its staff had been been to steal their customers’ Data, and itts Founder Brian Armstrong Had Received A Ransome No 20 Mill.
The Team Shared in A Blog Post That Because of the Breach, It Could Pay to $ 400 Million in Remediation Costs to Affected Customers, And that Were Setting Up ALACTACK Insthead.
The News Comes As The Industry Has ExperienCened Other Majoor Hacks, Like Bybit Which Was Hacked Earlier this Year for $ 1.5 Billion, and Defunct Crypto Exchange FTX in NOVIVER.
Thought the Episodes Seem to Happen Frequently, RedBord Believes More Regulatory Involvement Can Allevate Some of these Issues. “There’s A Lot We Can Do with Governments in Order to Go After Tese Bad Actors that have noting to do with Crypto or Blockchain Intelligence,” He Said. “We have cyber facilies.”
Read More: Coinbase Could Pay Customers Up to $ 400m for Data Breach
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