Single largest privacy breach to date has occurred with the long awaited launch of the much vaunted 'paybase.com', the impenetrable online wallet marketed by GAWMINER company and its owner Homero J Garza as being as secure as the "CIA"
The funds you deposit into your wallet are protected by the same protection used by the CIA and all major banks
Owing to the continued incompetence displayed by this start up company, all accounts have been breached by simply attempting to log into your own account. What that means is when you log into your account you magically appear in someone else's account due to no fault of your own.
The privacy breach is in the fact that that user's account contains there email address and balance e.g.:
and
and many many more
From this information it is trivial to learn the location and country of the user who's account you have been logged into. With information it is even less trivial to resort to informing the user by the displayed email, that should he not hand over a certain sum, you will report him to his local tax authority, which clearly by using this crypto service he is trying to avoid.
No need to try to withdrawal the sum in his account at all. A mere phishing attempt if indeed he is hiding his assets is all that is required.
All accounts on this incredibly insecure platform called "paybase.com" have been exposed by this.
Be aware.
[ see:
https://bitcointalk.org/index.php?topic=857670.11340 ]
