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Read below to see how Web3 reacted to this week’s revelation of the Coinbase (NASDAQ:COIN) hack. “The Coinbase attack proves why centralized systems keep failing – they offer no resilience ...
"The attackers are willing to invest time, effort and expense in attacking cryptocurrency companies because that's where the ...
Coinbase refuses $20M ransom demand after insider data breach, offers same amount as bounty to catch attackers amid SEC scrutiny.
A recent cybersecurity incident at crypto exchange Coinbase, which was the result of a threat actor bribing some of the company's customer support agents, serves as a reminder to U.S. financial ...
This type of insider threat is not unique to Coinbase or the cryptocurrency industry. Data from the 2023 Verizon Data Breach Investigations Report (DBIR) reveals that 22% of breaches in 2022 were ...
Coinbase said scammers bribed company insiders to steal sensitive data, and the hack could cost the cryptocurrency exchange as much as $400 million. The firm said it was recently infiltrated by ...
Coinbase Hack Being Investigated by DOJ, Michael Arrington Worries Loss is More than $400 Million May 20, 2025 @ 6:52 pm By JD Alois ...
While this news led to some brief volatility for Coinbase shares, the S&P 500 inclusion news has managed to overshadow it. That said, the potential financial and reputational fallout from this ...
Coinbase's two biggest rivals — Binance and US-based Kraken — have faced similar "social engineering" attacks, but both fended off data breaches from similar attacks, according to Bloomberg.
Coinbase Global shares fell on Thursday after the crypto exchange said a recent cyberattack that breached customer account data could cost up the company up to $400 million.
Cybersecurity expert and personal security attorney Leeza Garber said Coinbase employees were bribed to leak information on users, and then the company was ransomed for $20 million.
Similar threats target Binance and Kraken Five days after Coinbase filed their data breach report, Binance and Kraken, two other cryptocurrency exchanges, were also recently targeted in similar ...