Coinbase Pays $250K for ‘Market-Nuking’ Security Flaw

Posted on 21 February 2022
By SecurityIT
In Application Security, Cloud Security, Cyberwarfare, Data Protection, Disaster Recovery, Email Security, Endpoint Security, Fraud & Identity Theft, Identity & Access, Incident Response, Malware, Network Security, NEWS & INDUSTRY, Phishing, Virus & Malware, Vulnerabilities

Cryptocurrency exchange Coinbase has shelled out its largest ever bug bounty payment — a quarter of a million dollars — for what was described as a “market-nuking” security flaw that could have allowed users to sell bitcoins they didn’t own.