CRYPTO SCAMS: COINBASE WARNS GEN Z OF GROWING ONLINE THREATS

Coinbase is raising awareness about the rise of online scams targeting younger users, particularly Generation Z.

In a blog post published on Oct. 8, Coinbase outlined four online threats Gen Z should be aware of, including social media scams, romance scams, fake websites, and recovery schemes.

Coinbase stressed that cryptocurrency users must take personal responsibility for protecting their assets. Unlike traditional banking, where institutions provide a layer of security, cryptocurrency owners directly control their assets, making them both their own protection and their biggest security risk.

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