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Breaking: Thousands of Crypto investors wiped out durring Coinbase hack today | The Economic Ninja | YouTubeToText
YouTube Transcript: Breaking: Thousands of Crypto investors wiped out durring Coinbase hack today
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Summary
Core Theme
The content addresses widespread panic among cryptocurrency users due to a perceived Coinbase hack, clarifying it was scheduled maintenance, and emphasizes the critical need for enhanced security measures beyond standard practices to protect digital assets.
Hello everyone.
Right now, tens of thousands of people
are going to their Coinbase account and
finding out that they have been hacked.
All of their funds are gone. It's
happening right now as we speak. I found
out about this because of a friend of
mine contacted me. He said, "I've been
hacked. I have no funds." Now, let me
break something to you and I'm going to
share with you something that's so
valuable. If you own crypto, you need to
listen. Okay? First off, Coinbase has
not been hacked. This was a normal
outage. This is a they they shut down
the system to do necessary um add-ons
and build their uh platform. It's
totally normal. Okay. So, as you if you
have went to Coinbase this morning and
was freaking out, it's normal. Okay. As
a matter of fact, I'm on their uh
Coinbase status page right now. It says
this the uh outage right now is uh in
progress. Uh scheduled maintenance is
currently happening. We'll provide
updates as necessary. This was uh
information has been out for a couple
weeks. I want you to do this right now.
Everybody repeat after me, okay? Because
I'm sick and tired of people losing
their crypto. U key. Ubi, I've done
videos on this every year talking about
this for free. This is a uh they have
some that have are RFID. They also have
NFC. Most of them are NFC nearfield um technology.
technology.
This is a physical key that you register
with Coinbase. You can use it on all
exchanges under the security protocols.
You also would use this with your Gmail
account or your email. Under security
settings, you'd say register a security
key. All right.
A hacker would have to have your email,
your password, and this to get in.
They're 40 bucks. Go check it out. Um,
it's very important that people that are
invested in crypto, they don't spend
money on education. They'll try and
figure it out and before they know it,
they've got 5,000, 10,000, $100,000,
even millions of dollars. They don't
know what they're doing. They've got
their stuff on a hot wallet and it gets
hacked like that. Um, you need to have
your email uh secured with a physical
hardware device. This is hardware. It's
in my hands. It's not software. Okay.
when your email is also not only is your
crypto exchange like Coinbase secured
with a Yuba key, you also have your
email that's attached to that account
secured with a Yuba key. And just so you
know, these also work because of NFC
technology on your phone. You just take
your phone, you put it up next to it, it
starts vibrating like crazy. It
recognizes that you're the one with the
Yuba key in your hand, your hardware
device, your security key. And there's
lots of companies, it's just the one I
use. Um, it's important to understand
how to use these things. Oh, real quick.
I'm gonna throw down a flash sale that
just started on the crypto cash flow
system, teaching you everything about
staking, how to build a staking
portfolio, all that. It's like a few
days, I think, the timer runs out and
then the price goes back up. So, links
down below to that. It's important to
educate yourself. Just a couple hundred
bucks in education or taking the time
and trying to find all the information
for free on the internet um can save you
a lot of time, money, and heartache. All
right. Um, honestly, Coinbase is
probably one of the strongest has the
one of the strongest protocols in the in
the world as far as security measures.
Um, but you can always make it better.
Now, so we just talked about how to use
the Ubi key to secure your Coinbase
account and your uh email account. It's
also very important if you have a lot of
money in cryptocurrency, please go get
yourself a crypto only laptop or
desktop. It's worth it. I mean, for I
mean, for heaven's sakes, you can buy a
pretty reliable like pretty fast, very
small desktop. I've got one in my
office. It's like this big, right? That
big and it runs my crypto transactions
and it just sits in the corner and
you don't have all these other open tabs
open. All right. Uh you got to obviously
go through and learn what fishing sites
are and all that kind of stuff, but
that's very important to have a
dedicated piece of hardware for your
crypto transactions.
Another thing is don't answer these scam
calls and these emails. Okay, that's the
that's the biggest thing. And and I will
say this, you know, you guys know that I
own treasures. Um,
have a hidden passphrase wallet set up.
Most people don't even know that that
is. I'm just curious right now. Type yes
or no if you've ever heard of a hidden
passphrase wallet inside of a treasure
device. This is very, very important. Um,
Um,
now when someone just asked me right now
here, I'll answer that question. What
kind of laptop for crypto? Just a laptop
that gets on websites. I mean, it
doesn't have to be rocket science.
doesn't have to have any kind of crazy,
you know, memory or RAM. It's just
something that you can run your crypto,
your get onto Coinbase, get onto your
treasure site, all that stuff, and it
doesn't bog down. So, it doesn't have to
be an expensive piece of hardware. So,
going back to this um Yeah. See, that's
why I don't answer questions. I forget
what I'm saying. What was I saying? Oh,
yeah, the hidden passphrase wallet. You
know, inside of Treasure, um when you
log in, you know, people say, "Oh, yeah.
I can see where I deposit my Bitcoin in
Ethereum." You also can go up to the
very top lefthand corner and hit the
drop-own box and it says passphrase
wallet. And this is the craziest thing.
I'll just go over it really quick. I've
got videos go really into it like how to
set it up. But um it says enter a
passphrase wallet and it says this a new
one. And you can either decide to type
in a passphrase whatever and say I love
kitty cats exclamation mark. Don't tell
anyone you know what that is. And then
it says boom it's done. I like to
actually enter it on my physical
treasure device. That's why I like the
one with the screen because that's
another layer of security, right? I'm
not typing in if you got, you know, spyw
wear uh on your computer. That's why you
want to get yourself some some good anti
uh anti- uh you know what I'm talking
about. Um you can type it in and go,
hey, this is, you know, um what's it
called? Uh my hidden passphrase. Well,
if a hacker for some way reason found
your private keys, right, and was typing
it in to the treasure site to restore a
wallet, which is your wallet that
they're about to steal, they would find
nothing. It'd be zero because they don't
know your hidden passphrase wallet on
top of that. So, I mean, I guess you
could put 10 bucks in Bitcoin in there
and say, "Good job, you hackers. You got
10 bucks." But behind that, you've got a
hidden passphrase wallet. So then what
you do is you go restore the wallet and
um and then you type in your hidden
passphrase and you move it all off.
Super easy, but most people don't know
that. So I'm just going to make this
quick. If you want the cash flow system
link down below, um I highly suggest you
educate yourself. This video helped you.
And I'm just curious, type uh type, you
know, down below if you looked at your
uh crypto holdings this morning on
Coinbase and sort of freaked out only to
find out now that it's a scheduled
maintenance. Uh but also let me know if
these tips helped you. You know, getting
an actual physical Uba key, right?
Securing not only your crypto exchange
accounts, but your email accounts, your
your um your X account, your you YouTube
account. I mean, everything. Well, if
YouTube's it's because your email, it's
tied to it. So, but my point being is
your Facebook and all stuff. Go get
this. I don't want to hear anyone going,
"My account got hacked." All right. All
right. If it helped you, let me know
down below. Hopefully, you got something
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