Coinbase Hack Shows Even Crypto’s Heavyweights Are at Risk
Coinbase CEO Brian Armstrong at the World Economic Forum in Davos, Switzerland, in January.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
Emily Nicolle reports on a rough day of newsflow for the largest US crypto exchange.
If you’re someone who’s paid attention to the goings-on in crypto in recent years, you’ll know that hacks are pretty common. What makes a hack stand out, however, is often a combination of factors: how much was stolen, how the hack happened and who was targeted.