Phishing emails falsely claim Gemini bankruptcy while Coinbase admits an employee accessed user info, highlighting growing crypto scam risks.

Crypto users have reported an increase in scam emails impersonating exchanges like Coinbase and Gemini. These fraudulent emails attempt to trick users into setting up a new wallet using pre-generated ...

Coinbase users lost over $46M to phishing scams in two weeks. Learn how scammers operate and how to protect your funds from fraud.

Recovery phrases, also known as "seeds," are a series of words ... who can then transfer them to another wallet they control. Coinbase is aware of the scam, pointing BleepingComputer to a post ...

Many of these services are scam-prone, so remember to thoroughly test their genuineness. How to safely store and back up your seed phrase Storing your wallet recovery phrase offline (e.g., in a ...

Australian federal police have alerted over 130 people of a new text message scam ... Coinbase and Gemini attempted to trick users into setting up a new wallet using pre-generated recovery phrases ...

Source: Coinbase Support Crypto exchange Gemini has also been spoofed with the same recovery phrase email scam, using the same tactics and claiming users need to set up a new wallet because of a ...