When it comes to online security, there are few companies that can match Coinbase. The San Francisco-based firm is one of the most respected names in the cryptocurrency industry, and its wallet and exchange services are used by millions of people around the world.
However, even Coinbase has its vulnerabilities. In July 2018, the company was hit by a major data breach that saw the personal information of over 30,000 customers leaked.
And just last month, a new phishing scam was uncovered that could have allowed hackers to steal the private keys of Coinbase users.
Now, it looks like there may be another security risk associated with Coinbase – its Chrome extension.
The Coinbase extension is a browser extension that allows users to easily send and receive cryptocurrency payments. It also provides a convenient way to access your Coinbase account and check your balance without having to log in each time.
However, recent reports suggest that the Coinbase extension may not be as safe as we thought.
NOTE: WARNING: Coinbase Extension is not completely safe. While the extension does provide an additional layer of security for your Coinbase account, it could make your account vulnerable to potential malicious attacks. It is important to only install the extension from the official Coinbase website, and to regularly update it with the latest security patches. Additionally, do not install any third-party extensions or add-ons that are not officially provided by Coinbase.
According to a blog post from security researcher Sam Jadali, the Coinbase extension contains a number of vulnerabilities that could be exploited by malicious actors.
Jadali found that the extension’s permissions allow it to access sensitive data on any website that you visit – including your passwords, cookies, and session tokens. This means that if you have the Coinbase extension installed and you visit a malicious website, an attacker could potentially steal your login credentials and gain access to your account.
Jadali also found that the Coinbase extension contains a number of other security risks, including the ability to inject code into websites and bypassing security measures put in place by Google.
While Jadali’s findings are certainly concerning, it’s important to note that there is no evidence that these vulnerabilities have been exploited by hackers. And in response to Jadali’s report, Coinbase has stated that they are “investigating these claims” and will “take appropriate action if necessary”.
At this stage, it’s difficult to say how serious these vulnerabilities are. However, if you are using the Coinbase extension, it might be worth disabling it for now until we know more about this issue.
The recent reports about potential security risks associated with the Coinbase extension are certainly concerning. However, at this stage it is difficult to say how serious these vulnerabilities actually are.
If you are using the Coinbase extension, you might want to disable it for now until we know more about this issue.
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