$45 Million Stolen From Coinbase Users: Social Engineering Scams Persist

A significant financial loss has been reported within the cryptocurrency exchange landscape as social engineering scams target Coinbase users. Onchain security analyst ZackXBT revealed that an additional $45 million was stolen from Coinbase accounts in just the past week alone, marking a concerning trend. ZackXBT highlights the unique problem of this type of scam targeting Coinbase, emphasizing its severity compared to other major exchanges.