That statement does not inspire confidence considering how ripe crypto is for hackers/scammers, if anything it makes me want to close my Coinbase account.

Given how crypto is the priority target for NK hackers it doesn't fare well for Coinbase to engage in such reckless behavior.

Exactly. That is completely irresponsible of them.

It takes one massive breach and theft from the exchange as a result of this and they are cooked.

Exchanges never recover after billions of dollars get stolen from the exchange.

Depends on what they're shipping. We're doing this with UI work, as long as your backend is secure I don't see what the issue is personally.

Generally engineers are not well placed to be building UIs.