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Showing posts with the label Athorized Spender

DApp Phishing in Coinbase Wallet - I Lost Over $50,000

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A few days ago, all my money, $58,797, in my Coinbase Wallet drained from my wallet without me knowing about it until I opened my wallet. I believe there is a major security issue in Coinbase Wallet where users can easily get phished to give a DApp (Decentralized Application) to take control and grant spending permission to an external entity. My empty wallet 😢 Contacting Coinbase/Wallet Support , which is the only way I know of to reach out to them, was not helpful. All they said is that I may have leaked the recovery phrase, without looking into the details I provided . I found a recent review on Google that describes the situation really well. A recent user review on Google Play Store. I am going to describe what happened in details. My brother-in-law showed me his Coinbase Wallet a few weeks ...