Title: Coinbase new security Post by: SilverandBitcoins on June 22, 2013, 03:55:50 AM I apologize if this has already been discussed. I use Coinbase and noticed that now members have to enter a 7 digit security number each time they log in - the number is sent to a pre-registered phone number of the member. This seems to add tremendously to the security since not only do you need a password to make transactions, but you also have to have a phone to receive the text with the 7 digit number.
Title: Re: Coinbase new security Post by: DanzoFriend on June 22, 2013, 03:58:50 AM It's still not good enough to stop whoever instantly hacked my account after sending BTC to it
Title: Re: Coinbase new security Post by: SilverandBitcoins on June 22, 2013, 01:02:01 PM It's still not good enough to stop whoever instantly hacked my account after sending BTC to it Is there any recourse? I wonder how the hacker got in. Title: Re: Coinbase new security Post by: Stephen Gornick on June 23, 2013, 04:58:55 AM It's still not good enough to stop whoever instantly hacked my account after sending BTC to it It doesn't look like his Coinbase account got compromised from a theif accessing the account, ... there's something else going on with this: Since Coinbase doesn't give out private keys there's no way for a thief to create a transaction that looks like a "You sent Bitcoins to an external account" 10.399 BTC withdrawal in the Coinbase Transactions history but at the same time have a transaction combined with other inputs at the blockchain transaction level. Title: Re: Coinbase new security Post by: antznmepantz on June 23, 2013, 08:26:39 AM Coinbase will also require phone authentication if you log in from other than a registered machine. So, yeah, something else is going on here.
Title: Re: Coinbase new security Post by: SilverandBitcoins on June 23, 2013, 06:51:34 PM So, do you think that with the new phone authentication, accounts with Coinbase are a lot more secure?
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