Coinbase, a well-known cryptocurrency exchange, has become a primary target for scammers and malicious actors in the Web3 space, according to a recent survey. The survey unveils that Coinbase is the most impersonated brand in phishing attacks among all crypto firms in the United States. Over the last four years, there have been 416 reported phishing attacks using the Coinbase brand deceptively. These attacks aim to deceive investors into sending digital assets to fraudsters' crypto wallets. Various phishing scams targeting Coinbase users involve tactics such as smishing attacks, technical support and impersonation scams, verification scams, giveaway scams, and urgent account action scams. These scams typically lead to unauthorized access to accounts and fund transfers to malicious wallets. Coinbase employs security measures like SPF, DKIM, and DMARC authorizations to protect users from fake emails. Recognizing signs of fake Coinbase emails, such as urgent language, grammatical errors, requests for login information, and external communication, is crucial. The broader implications of phishing scams extend to traditional finance and technology brands as well, with companies like Bank of America, Mastercard, Meta, and the U.S. Internal Revenue Service facing impersonation challenges. Crypto scams and exploits remain a significant concern, with billions of dollars stolen over the years through hacks and exploits. Coinbase, as the second-largest centralized cryptocurrency exchange, faces a high risk of phishing due to its substantial trading volume and user base. Vigilance and awareness of common phishing tactics are essential for all users to protect their digital assets in the evolving crypto market.