Kenya: Leading Crypto Firm Coinbase Faces Up to $400m Hit From Cyber Attack

Hackers have attacked the largest US cryptocurrency exchange Coinbase. They obtained data for a limited number of accounts, but the damage is still estimated at $180 to $400 million, or 8.9 billion crowns. This was reported by Reuters, referring to a notification to regulatory authorities.

Hack could cost Coinbase up to $400M: filing

The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.

Coinbase Suffers Data Hack: Most Secure No KYC Alternative

Coinbase may owe customers up to $400 million after hackers steal confidential data. And with ByBit being duped for $1.5 billion in March, this marks the second major centralized exchange exploit in two months. As such, traders are fleeing to secure self-custody crypto wallets like Best Wallet. Coinbase Hackers Steal Customer Data According to a […] The post Coinbase Suffers Data Hack: Most Secure No KYC Alternative appeared first on Modern Dipl…

Cryptocurrency platform Coinbase warns of up to $400m hit from cyber attack

The hackers had paid multiple employees and contractors working in support roles outside the US to collect user data. Everyone involved has been fired, Coinbase said.

Coinbase suffered a large-scale cyberattack, followed by a ransom demand, impacting clients to the tune of several million dollars. ...

Kenya: Leading Crypto Firm Coinbase Faces Up to $400m Hit From Cyber Attack

One of the world's biggest cryptocurrency firms, Coinbase, says a recent cyber attack will cost it up to $400m (£301m).