Less than a week after penetration of Coinbase, the exchange of encryption is at the intersection again.
This time, it’s a file The semester suit Illinois residents claimed that Coinbase had addressed its biometric data without approval.
An excerpt from deposit claims that this penetrates the BIPA privacy law.
As if this was not enough, Coinbase seems to have transferred this data to third -party sellers (such as Solaris and Jumio). Again, without approval of data themes (claim).
the Tracking the enforcement of GDP in the European Union It comes to mind here. The websites and companies are fined daily for this exact thing – collecting personal data without approval.
What asks the question – what is the best way to store encryption? The answer in the non -guardian coding portfolio is like Best portfolio.
You alone have your encryption keys, and collecting personal data is the minimum (often just an email address), and you also get side benefits through The best wallet icon.
Below, we will explain the position of Coinbase and how the encryption port is a safer option.
Coinbase, stop hitting yourself. Bad lawsuit for you.
Claiming the lawsuit claiming the column in Coinbase asked users a government identifier and a personal photo during the subscription. So far, so good. It is a beautiful standard process for coding these days (unfortunately).
Here the problems begin:
- Coinbase has sent data to a third -party facial recognition tools,
- All this without notifying users that this will happen
- Or request their approval to process data.
If this looks familiar, then this is because. Once again in May 2023, Coinbase received Identical Another resident of Illinois claims the BIPA breach in the state.
By February 2025, the case has not been completed. The complaint has not been completed and Coinbase He agreed to submit to arbitration (A special ruling by an independent arbitrator, not a complete court trial).
at that time , Coinbase argued that the user has agreed to process data When checking a box “I agree to the user agreement and privacy policy” during the registration.
This claims that he is the slowest justification of the complainant on the lawsuit of the collective lawsuit.
In addition, the most important thing-another term that the user has unintentionally accepted when checking this square is reluctant to join a lawsuit.
User agreements do not stop surprising, right?
Storage your new encryption on Coinbase becomes somewhat superficial. Hacks Excination also constantly threatens your asset security (see what happened with Bybit and 1inch).
Fortunately, solutions like Best Wallet solve this problem through self -body, minimal data collection, and higher encryption.
The best wallet does not treat you like data treasure
In a world of Coinbases, you need the best portfolio, one of the best unknown and non -trustee coding wallets available today. With the best wallet, you can:
- Keep your own sensitive information
- Control your own keys
- Buy, sell, and exchange coding on five Blockains (ETHEREUM, Binance Smart Chain, Polygon, Bitcoin, and Al Qaeda)
- High -industrial APYS codes (enhanced if you are carrying The best wallet icon))
- Invest in some of the best you may be directly in the application of the wallet (the first in the industry) with transverse bonuses and air templates
- Participate in an increased environmental system with plans to support 60 chains, launch a better Fiat card, as well
Some of these features are only available for the best $ 1, which is why investing in the best pre -code port is the best way to start this encryption portfolio.
The purchase will also make you reduced transactions, higher rewards, community governance, and early access to some of the best coins.
Security is dealt with through Fireblocks MPCSophisticated cloud backup solution for multi -series wallets like the best wallet.
The pre -center period raised more than $ 12.5 million, and currently costs the distinctive code $ 0.025055 – you will not get cheaper. In less than 12 hours, the price will increase again, so it’s time to buy.
Another layer of rewards awaits you if you are the best for $ 116 % of APY (this will decrease with more people).
A simple calculation shows that buying $ 11,973 is better for $ 300 now and sprains an average of 50 % of APY will lead to 17,959 code per year (or $ 450 at the current distinctive code).
But our best wallet price expectations also indicate a price of $ 0.62 by the end of 2026. The investment can turn $ 300 to $ 11,140, ​​an increase of 37X. This is an elegant amount, if the price estimate is correct.
To summarize: Coinbase Nay, AYE Self -Need Current Conservation Governor
The second nail of Coinbase, respectively, leaves a bad taste in the mouth. It is sad to see the number of times that data privacy and asset security are placed on the rear stove where the stock exchanges follow the maximum profit.
The lesson is that the only person you can trust is yourself. This is exactly what is similar to the self -fixed portfolio Best portfolio Let it do it – they put you in controlling your data, boxes and rewards for that.
Do not forget to make your own research before investing in encryption and encryption. The market is volatile and vulnerable to immediate fluctuations. Just invest what you can lose!
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