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SlowMist's Yu Xian questions Coinbase's page requiring users to enter plaintext mnemonic phrases: Inconceivable
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On March 19th, SlowMist founder Yu Xian posted on X expressing confusion about Coinbase presenting a page that requires users to input their mnemonic phrases in plain text for asset recovery. He stated that such an insecure practice is baffling and he almost thought the subdomain had been hacked.