A large-scale Coinbase phishing attack poses as a mandatory wallet migration, tricking recipients into setting up a new wallet with a pre-generated recovery phrase controlled by attackers.
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US Government-Linked Crypto Wallet Hacked: Over $20M SwipedA U.S. government-linked crypto wallet has been drained of $20 million. The 2016 Bitfinex hack saw 120,000 BTC ($8.1 billion today) stolen. The U.S. government holds over $14 billion worth of crypto.
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