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Concordium’s ZKP Identity Is What Coinbase Needed

Coinbase estimates that the financial impact of the breach could fall between $180 million and $400 million. What’s worse — the implications are not only monetary. They shed a bright light on the weaknesses in the traditional identity infrastructure that underpin even the most advanced digital finance platforms, including the lack of data sovereignty, where users have little control over how and where their personal information is stored, accessed, or exploited.