Digital identity and verifiable credentials solves this. Also how the heck are we still using a single number (SSN) as both the public and private key…. Not coinbase’s explicit problem but come on.

Coinbase
@coinbase
05-15
Cyber criminals bribed and recruited rogue overseas support agents to pull personal data on <1% of Coinbase MTUs. No passwords, private keys, or funds were exposed. Prime accounts are untouched. We will reimburse impacted customers. More here: http://coinbase.com/blog/protecting-our-customers-standing-up-to-extortionists…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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