According to Foresight News , Yu Xian, founder of SlowMist, stated that Coinbase has taken offline the page that required users to enter plaintext seed phrase. He pointed out that for wallets, the security model of online web pages is very low, far lower than that of plugins and apps; the practice of online web pages collecting plaintext seed phrase is easily imitated and learned by phishing websites, and it has long been a common phishing technique.
Coinbase has removed the page that asked users to enter a seed phrase in plain text.
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