Ancestors

Written by Alexander Hanff on 2025-01-14 at 12:46

I would highly recommend NOT making any deposits to Coinbase today via your credit/debit card - it seems their payment gateway is broken and not forwarding payments to credit card security verification (confirmed by my bank) - at least in Sweden.

Never make a payment to a crypto exchange (or anywhere else for that matter) if they do not do credit card security verification - this is very high risk.

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Toot

Written by Alexander Hanff on 2025-01-14 at 14:24

Oh it gets better - Coinbase have acknowledged the issue but do not see it as a security concern (bypassing credit card security verification and attempting to withdraw funds without verification is apparently not a security concern) and instead said I should use their app (which is in breach of GDPR and ePrivacy Directive in my professional opinion) because their web site is known to have these technical issues sometimes...

I have a node screenshot of the entire chatlog of course (2.5 hours).

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Descendants

Written by farcaller on 2025-01-14 at 14:38

@thatprivacyguy I'm just curious—why would that breach GDPR?

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Written by Alexander Hanff on 2025-01-14 at 14:55

@farcaller Article 5 security principles, Article 25 Data Protection by Design and by Default and Article 32 Security Obligations.

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Written by Alexander Hanff on 2025-01-14 at 15:20

@farcaller or were you talking about the mobile app?

The mobile app doesn't comply with ePrivacy Directive with regards to the information they collect from your device themselves and via third party sdk's (which requires consent under the law) which then means all of the personal data collected is in breach of the Article 5 lawfulness principle of the GDPR rendering any processing (including collection and storage) unlawful by default.

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