BeInCrypto –
Coinbase acknowledged a false security message that was sent to 125,000 customers, which said their securities settings changed.
In a comment to CNBC, the cryptocurrency exchange said the message was a result of an internal error. The company stressed that it was not a hostile actor. “All of a sudden, the system just started sending stuff like a bug in the system, but it was not a malicious or third party error,” a spokesperson commented.
Coinbase is the largest exchange in the United States, therefore a system-wide third party compromise would reach a substantial portion of the American crypto community. The exchange spent the weekend reassuring their clients it was only an insider mistake. “We believe the only way to build trust with our customers is to be transparent when we mess up,” said Coinbase spokesperson Andrew Schmitt.
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