<ul><li>Phishing scams targeting Coinbase users resulted in a total loss of $46 million in March 2025.</li><li>Cybercriminals used techniques like address poisoning and wallet spoofing to deceive users into transferring digital assets to fraudulent addresses.</li><li>Coinbase is actively investigating the situation and warns users that it would never ask for login credentials, API keys, or fund transfers.</li><li>To mitigate the risk of falling victim to scams, Coinbase recommends using a dedicated email address, enabling two-factor authentication, setting up an address allowlist, and storing assets in Coinbase Vault.</li></ul>

Coinbase Users Suffered $46 Million Loss from Phishing Scams in March 2025

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