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This is a good, level-headed response. I think a few things are worth pointing out here: 1) The initial frenzy was (I think) overblown. Lots of people jumpi
by nlh 14y ago
This is a good, level-headed response. I think a few things are worth pointing out here:
1) The initial frenzy was (I think) overblown. Lots of people jumping to conclusions about a 'breach' when it's clear there really wasn't one.
2) Coinbase responded immediately to both posts here and on reddit explaining that.
3) Despite the fact that it was overblown, they still gave a thorough, smart response, took responsibility, and posted this within a few hours.
My sense is that there is some anxiety in the Bitcoin world right now. Prices are high, naysayers are calling for a crash, yaysayers are hoping for $400 Bitcoins, and everyone is on edge for chinks in the armor.
Deep breath everyone...
- politician 14y agoCoinbase has had at least one other recent incident. IIRC, downtime or a DDOS. Considering this is a YC company, I think it's worthwhile to be... attentive... to Coinbase's operations. I want them to succeed, but they're definitely deploying into a hostile environment. It's not cat pictures.