Change email on coinbase

SendGrid confirmed that one of its Bitcoin-related clients was compromised on Wednesday. It would not name the customer, but Coinbase confirmed in an email on Thursday that hackers had compromised its SendGrid account, though it said no Bitcoin were stolen. In a statement, SendGrid said it believed the attack was an isolated one. However, the attack follows a similar pattern to an attack last year against a former SendGrid customer, and there is evidence that other Bitcoin companies are being targeted via their mass email providers. Mass email services like SendGrid, which sends 14 billion emails a month, are a powerful tool for hackers looking to send spear-phishing emails on a large scale.

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Content:

• Bitcoin BTC & Crypto Price Alerts App
• Coinbase users fear hacking after erroneous emails
• Coinbase Help Desk Contacts
• Coinbase mistakenly told 125,000 users their 2FA settings had changed
• Thousands of Coinbase wallets drained by hackers
• Why Ethereum Will Continue To Be A Market Leader, Coinbase Analysts
• Coinbase commits to a ‘better customer experience’ following complaints

WATCH RELATED VIDEO: How To Change Email Address on Coinbase

Bitcoin BTC & Crypto Price Alerts App

I'm pissed. My email address is among those leaked. I got two transaction requests, the first for We sent you a payment request. I'm going to make that a zero balance, because I've completely lost faith in any company's ability to manage Bitcoin. You've just become a target. Everyone now knows everyone on that list has Bitcoin and use web wallets, so it's effectively a list of potentially profitable targets for email account compromise. Please ensure you're using random passwords on every site you use, select the best available security questions, use a password manager, and enable two factor authentication everywhere that allows it.

Also move all your coins in to offline wallets. No online web wallets have a bank grade reputation. Even an end of world bug means that they can only ever lose a small portion of all stored user funds.

Manual processing of this means there is some sanity checking on large withdrawals too. Encryption affords you none of that, I would be happier with coinbase than storing on any other online wallet for this very reason. Were you born yesterday? Please don't make personally aggressive remarks like "Were you born yesterday?

It only adds negativity, not information. Coinbase isn't some random website made in a basement. It's a well funded, YC backed, known-founder company that complies with relevant banking law.

There's absolutely nothing to suggest that they hold a partial reserve or have any ill intention whatsoever. You're right, there isn't anything suggesting that they hold a partial reserve. And there won't be even when they do.

It happened to me. It's not fearmongering, it's fact. So ask them to prove their reserves if it bothers you so. Other large services have in the past. Proving reserves doesn't help at all.

They can die at any time from massive loss. Proof of reserve reveals whether there's a problem; it doesn't prevent any problem from happening. To use a metaphor, a failed proof of reserve is like detecting that someone who's riding a motorcycle without a helmet has been launched into the air due to a car crash, and is about to hit the ground. That doesn't change the fact that they're not wearing a helmet in the first place.

And in bitcoin's case, no such "helmet" exists. There is no protection for consumers against losing their funds by the exchange. There's always going to be this massive risk of the coins disappearing due to any number of reasons: that they get hacked, that the founder steals them, that they lose them to some massive technical problem, that they experience another undocumented bitcoin protocol issue like malleability, that they lose access to their cold storage wallets, etc.

This has happened at, what, a dozen exchanges so far? They've all died due to one of the above reasons. Who's next? It's completely possible that Coinbase is next, and that you're recommending users throw their money away by trusting them. There's no reason to trust Coinbase. Keep your funds in your own secure cold storage wallet, and you'll have them forever.

Keep them in Coinbase and you'll have them exactly as long as Coinbase lasts. In regards to Coinbase, if only because their terms make it clear they aren't liable for a customer loss of any cause whatsoever. YC-backed startup means a culture of 'move fast and break things' - works for facebook, but definately not something I would want to store my bitcoin on, since 'break things' means 'losing all my money with no recourse'.

There's one reason to believe they have ill intention: their habit of ignoring serious user problems lost deposits, security problems until they're widely public.

Their actions make clear that they are enormously untrustworthy. That doesn't really suggest malice so much as ill attention. From their posts it sounds like they are stretched a little thin under the load, if they wanted to steal they would just be gone not occasionally unresponsive. It doesn't matter one bit if it's malice or inattention once your coins are gone. MtGox was the biggest Bitcoin exchange with the largest trade volume.

I still lost all my BTC when it went under. It seems like it can't happen until it happens, and then you face the reality that it happened.

It sucks, and there's absolutely no protection for consumers from it. There's not even any insurance policy that exchanges can purchase yet, which is pretty much the only hope at this point. Wouldn't that add a transactional cost to bitcoin, not unlike PayPal or Visa?

I've spent a couple months trying to come up with ways to protect bitcoin consumers, and the only thing I can think of is for exchanges to purchase some kind of high-risk insurance which will cover losses by the exchange. Nothing else will protect users, as far as I can tell, precisely because of bitcoin's irreversible transactions. Honestly, the best thing for the bitcoin ecosystem is to learn from Paypal and Visa, and to emulate their good qualities.

I know it's popular to hate on the existing ways of doing things, but the existing ways have a lot of hidden wisdom embedded in them. Well, you could create a certification program in which member exchanges agree to a set of financial standards between each other - e.

This could lower the transactional-risk cost between doing business with certified exchanges, and still allow users to do business outside but with the increased transactional costs.

But then again you're just building another financial exchange system controlled by the certificate issuer - except it would need to be backed by some form of international enforcement e. Where is the benefit to bitcoins then? All of you guys seem not to be aware of the things you can do with Bitcoin. Eg: multi-signature wallets. You won't need insurance when the coins simply can't be stolen.

I am aware of multisig, but multisig precludes realtime trading, which is usually the main point of an exchange. It'd be a good idea for Coinbase to implement, though. Some Googling only brings up names of exchanges that are working on multi signature wallets. Do you have a link to how to set it up on your own machine?

Yes, of course. And since transactions are completely irreversible on Bitcoin the insurance rate would have to be higher than otherwise, as there's no collateral for the insurance company to claim when they do payout.

There's also one in the UK that's insured Lloyd's that I'm drawing a blank on. Have you looked into either of them? But how can outsiders confirm that they are really insured and not just bluffing? This is the first I've heard that any insurance company is willing to fully insure any bitcoin exchange, and it's wonderful news. Thank you so much for pointing it out! I'll look into it and see whether it's as good as it sounds.

Thank you so much for pointing that out. It did seem too good to be true. I'm not sure how much truth there is to that post since I haven't done any due diligence myself, I just remembered seeing it a while back.

From the top comment in that thread, it looks like the company with insurance underwritten by Lloyd's is Elliptic. Which relevant banking law? Just invest in a raspberry pi as an offline cold storage bitcoin machine. They're not expensive, and armory or electrum work fine on it. Make a paper backup and keep it in a safety deposit box if you have a large amount of bitcoins. That's not convenient. Coinbase is convenient. You're suggesting a ride on lawnmower as a substitute to a car.

As a spending wallet Coinbase is fairly close to ideal. Please read my post carefully next time. Perhaps you're arguing so vehemently in support of Coinbase because you're keeping all of your coins there? If so, I would suggest you move them to a secure cold storage wallet immediately. Ah yes convenience, clearly the most important factor when choosing where to store your currency.

I keep my savings in cash under my mattress. Sure, banks are more secure, but they have annoying hours and having the money easily accessible is much more convenient. Besides, I trust my mattress. It's a nice mattress made by a great VC backed mattress company. It's not like I'm putting my money under some mattress that I bought on craigslist. If crypto ever wants to win over fiat among the "masses", then yes, it clearly is.

Because most people don't care about scary-sounding fluff pieces about the "Fed's fractional reserve ponzi" etc.

Coinbase users fear hacking after erroneous emails

Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Sign in. Accessibility help Skip to navigation Skip to content Skip to footer. Become an FT subscriber to read: Hackers stole cryptocurrencies from at least 6, Coinbase customers Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities.

Coinbase Help Desk Contacts

This article explains ho to get started with Coinbase, one of the easiest ways to buy Bitcoin, Litecoin, Ethereum, and Bitcoin Cash Bcash. After creating an account on the Coinbase website, users can purchase these cryptocurrencies with their credit card or bank account in much the same way an online purchase is made on Amazon. In your web browser of choice, go to Coinbase. A form will appear with fields for your first and last name, your email address, and a password. Make sure to use your real name as shown on your passport or drivers license as using an alias could delay the confirmation of your identity later on. Double-check that your email is written correctly as well. Choose your password.

Coinbase mistakenly told 125,000 users their 2FA settings had changed

Just in time for Cybersecurity Awareness Month , Coinbase has disclosed a "large-scale" phishing attack that impacted users earlier this year. In a Sept. At least 6, Coinbase customers were affected by the attack. In the blog post, the company claims that the scammers never breached Coinbase's "security infrastructure or broader systems. Coinbase detailed some of the tactics incorporated in the phishing attacks in its blog post.

Thousands of Coinbase wallets drained by hackers

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. You should consider whether you can afford to take the high risk of losing your money. And the wider Nasdaq seemingly still in the midst of correction, some may view the stock as too risky a bet. Coinbase has suffered from volatility on two fronts: the current selloff and fluctuations in the price of cryptocurrencies. Naturally this level of volatility will deter many investors, but underlying business performance has been strong.

Why Ethereum Will Continue To Be A Market Leader, Coinbase Analysts

The logo for Coinbase Global Inc, the biggest U. O , according to a breach notification letter sent by the cryptocurrency exchange to affected customers. The hack took place between March and May 20 of this year, according to a copy of the letter posted on the website of California's Attorney General. Unauthorized third parties exploited a flaw in the company's SMS account recovery process to gain access to the accounts, and transfer funds to crypto wallets not associated with Coinbase, the company said. The hackers needed to know the email addresses, passwords and phone numbers linked to the affected Coinbase accounts, and have access to personal emails, the company said. Coinbase said there was no evidence to suggest the information was obtained from the company. News of the hack was earlier reported by technology news portal Bleeping Computer.

Coinbase commits to a ‘better customer experience’ following complaints

Coinbase is sending out breach notification letters to thousands of users after they discovered a "third-party campaign to gain unauthorized access to the accounts of Coinbase customers and move customer funds off the Coinbase platform. Cryptocurrency What every business needs to know. Read More. First reported by Bleeping Computer, the letters say at least 6, Coinbase customers had funds removed from their accounts.

The alerts went out to about , of the crypto exchange's users by email or text message, informing them that their two-factor authentication settings had been changed, Coinbase said on Twitter at the weekend. As most people had not adjusted the setting themselves, this sparked fears among them that their accounts had been hacked. Such 2FA settings — an extra security measure to check people are authorized to access an account — can typically be reset only by the customers themselves. The company has not specified how many customers make up that "small number," and it did not respond to Insider's request for comment. Sev earl people said on Reddit and Twitter that they have received the credit to their Coinbase accounts. Over the weekend, Coinbase said that the alert message was sent due to a problem with its notification system and not to malicious behavior.

Login with Coinbase. In early Jan , Coinbase sent me an email saying that they have closed my account and I'm no longer able to access their service. Please check your connection and try again. Coinbase is the gateway drug of crypto — its simple and intuitive platform makes it easy for first-time buyers. The fees can be confusing, and the customer service is only email-based. In case you didn't realize there was an alternative, the best phone number for Coinbase customer support is These stats include market size, prices, and other information that investors need.

I'm pissed. My email address is among those leaked. I got two transaction requests, the first for