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I also think this whole thing is overblown but I hope it will help to further humble Coinbase in realizing that they really need to focus more efforts on squash
by Ryel 13y ago
I also think this whole thing is overblown but I hope it will help to further humble Coinbase in realizing that they really need to focus more efforts on squashing things like this before they become a problem. Coinbase has a large responsibility in whether or not Bitcoin is to become "accepted" in the USA and several small events like these left unsettled or left to fester could prove catastrophic(IMO).
I don't believe Coinbase should consider this a real "security threat". I believe that this is a negative side-effect of what may be a feature. It is certainly something that needs improvement, as I'm sure all of the people whose email has been leaked will tell you...
I'm not sure if Coinbase has an engineering blog or a similar outlet where they can speak to more developers directly but if they do not have one already, this may be the time to start. This could've been squashed entirely within a small development community but when left unsettled for so long, it is things like this that the news will latch onto and run with
We all know how blown out of proportion things get when that happens.
Anyway, long story short... I hope Coinbase improves. As much as I hate to say that a tech company needs more representatie