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A comment on Coinbase Breach Notification. Parent comment

Re:Coinbase Breach Notification by sneak on Friday October 01, 2021 @02:34PM (#28721954)
> you have to admit that you are far more likely to be compensated in the event of an attack if you are using a large exchange

This is only a recent phenomenon, and I don’t think it holds for all “large exchange[s]”.

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Re:Coinbase Breach Notification by Kaytaro on Friday October 01, 2021 @03:15PM (#28722342)
Yeah, Mt. Gox used to be considered a large exchange, the largest at the time in fact.
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Re:Coinbase Breach Notification by zalebz on Friday October 01, 2021 @08:25PM (#28724842)
I just recently found out about a great cybersecurity podcast called Darknet Diaries (and having been binging it ever since). Episode 9 covers Mt Gox and it goes into detail of timeline of the developers and the numerous breaches. Highly recommended.

All that is to say that Coinbase and Mt Gox were operating in completely different leagues of sophistication.

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