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A recent Coinbase data breach compromised 69,461 user accounts, exposing sensitive information and highlighting vulnerabilities in centralized exchanges.
What’s the Scoop?
- Breach Details: Coinbase revealed a data breach involving personal information of 69,461 customers, including names, phone numbers, and partial bank details.
- No Crypto Stolen: The hackers did not obtain seed phrases, passwords, private keys, or access to user funds.
- Response and Costs: Coinbase estimates remediation costs of up to $400M and has allocated $20M as a reward fund for tips leading to the attackers.