ChainCatcher news, according to a recent survey, Coinbase cryptocurrency exchange is the brand most impersonated by scammers and malicious actors in the Web3 field.

Of all US cryptocurrency companies, the Coinbase brand has been impersonated the most in phishing attacks. Phishing attacks are online social programs designed to trick investors into willingly sending digital assets to the imposter's cryptocurrency wallet. According to a report by Mailsuite and Cointelegraph, the Coinbase brand has been fraudulently used in 416 reported phishing attacks in the past four years.