TechFlow News: On March 26, SlowMist founder Yu Xian posted on X, stating that Coinbase has taken down the webpage requiring users to input their mnemonic phrases in plaintext. He pointed out that the security model of online webpages for wallets is extremely low—far lower than that of browser extensions or mobile apps. Collecting mnemonic phrases in plaintext via online webpages is easily imitated by phishing sites and has long been a common phishing tactic.
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