Coinbase Ireland Fined €3.25 Million Over Customer-Fund Failures

Article The Defiant Team

The safeguarding shortfall reached €5.2 million in 2024. The sanctions require High Court confirmation before taking effect.

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What Is a Crypto ‘Wrench Attack’?

The name comes from an XKCD comic about a $5 wrench. Hardware wallets isolate keys, while multisig divides signing authority—but neither automatically prevents coerced transfers.