A recent hack of the cryptocurrency exchange Coinbase has raised concerns about security in the crypto industry. The breach reportedly involved unauthorized access to user accounts and the potential theft of funds, prompting discussions about the need for stronger security measures in digital asset platforms.

Coinbase has introduced CDP Wallets, a developer-focused wallet infrastructure that allows the creation of secure, programmable wallets via API without the need for private key management. Utilizing Trusted Execution Environments, these wallets provide full control and flexibility, making them suitable for various applications including DeFi bots and enterprise systems.