Coinbase Global, Inc. (COIN) has been at the center of a heated discussion on Reddit due to a sophisticated phishing scam targeting its users. The scam, which involves emails that closely mimic official Coinbase communications, has raised concerns about potential data breaches. Users have reported that these emails bypass Gmail's spam filters, leading to increased anxiety about account security. Additionally, frustrations with Coinbase's customer support have been highlighted, with users sharing experiences of locked accounts and ineffective automated support systems. These issues have contributed to a cautious sentiment among investors.
The Yieldmax Coin Option Income Strategy ETF (CONY) experienced a slight decline, dropping 0.29% to $13.81 as of 7:20 AM on Tuesday, December 24.