Bitcoin is anonymous and if stolen impossible to retrieve and immediately valuable to the thief.
Requirement: access to and use of Coinbase wallet requires added protection
Solution: once customer has value in their wallet, they must activate 2FA
Customers could choose between:
"With Google Authenticator, we would have to have a process for reset and a support staff for end users that would easily take up 80% of our time."Olaf Carlson-Wee, Head of Risk at Coinbase