{"id":27495,"date":"2026-03-19T17:56:00","date_gmt":"2026-03-19T17:56:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=27495"},"modified":"2026-03-19T16:57:55","modified_gmt":"2026-03-19T16:57:55","slug":"coinbase-seed-phrase-scam","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/coinbase-seed-phrase-scam\/","title":{"rendered":"Red alert on Coinbase: Seed phrase scam and security breach"},"content":{"rendered":"\n

Coinbase Sparks Panic<\/h2>\n\n\n\n

While the crypto market is evolving in a bullish rally<\/strong> context, a major controversy has hit Coinbase<\/a><\/strong>. As part of the migration between Coinbase Commerce and Coinbase Business, the exchange has put online a fund recovery page asking users to enter their 12-word seed phrase<\/strong>. A practice strictly prohibited in the Web3<\/strong> ecosystem.<\/p>\n\n\n\n

The alert was raised by Evilcos<\/strong>, founder of SlowMist, who immediately suspected a site hack. Indeed, requesting a recovery phrase in plain text is typically associated with phishing<\/strong>. This discovery sent shockwaves through the community, as this practice goes against the most basic security rules.<\/p>\n\n\n\n

The confusion is total. How can an actor as established as Coinbase expose its users to such risk? Even though the platform recommends using a secure automated tool, the presence of this manual option is enough to create a climate of FUD<\/strong> and undermine investor confidence.<\/p>\n\n\n\n

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\u6211\u5f88\u7591\u60d1 Coinbase \u4e3a\u4ec0\u4e48\u4f1a\u6709\u8fd9\u6837\u7684\u9875\u9762\uff0c\u76f4\u63a5\u8ba9\u7528\u6237\u8f93\u5165\u660e\u6587\u52a9\u8bb0\u8bcd\u505a\u8d44\u4ea7\u6062\u590d\uff1f\u5982\u6b64\u4e0d\u5b89\u5168\u7684\u884c\u4e3a\uff0c\u532a\u5937\u6240\u601d\u2026@coinbase<\/a> \u6211\u90fd\u5dee\u70b9\u4ee5\u4e3a\u5b50\u57df\u540d\u88ab\u9ed1\u4e86\u2026cc @im23pds<\/a> https:\/\/t.co\/NsBd223xWY<\/a> pic.twitter.com\/oBrp5UGQ8U<\/a><\/p>— Cos(\u4f59\u5f26)\ud83d\ude36\u200d\ud83c\udf2b\ufe0f (@evilcos) March 19, 2026<\/a><\/blockquote>