A significant Coinbase data breach impacted nearly 70,000 users, going unnoticed for six months. This incident has triggered lawsuits and raised concerns about data security within the cryptocurrency industry. Here’s a breakdown of what happened, the consequences, and the broader implications.
Tag: Scams
Bitcoin Resilience: Overcoming Coinbase Hack & DeFi Developments
Despite a significant phishing attack on Coinbase, Bitcoin demonstrates strength with substantial exchange outflows and Aave reaches a record TVL. This week in DeFi saw resilience and growth.
Coinbase Hit by $20M Extortion Attempt: Insider Phishing Attack and $400M Reimbursement Plan
Coinbase faces a potential $400 million bill after a phishing attack orchestrated by bribed overseas support agents compromised user data. The exchange refused to pay a $20 million ransom and instead offered a reward for the attackers’ capture. Learn about the details of the breach, Coinbase’s response, and the growing threat of social engineering scams in the crypto space.
Crypto’s Unsolved Mysteries: 5 Vanished Figures and Dubious Deaths
Explore five unsettling crypto cases involving disappearances, faked deaths, and unresolved mysteries that continue to intrigue and haunt the crypto world.
eXch Crypto Swapper: Rise, Fall, and Underground Activity After Bybit Hack
Explore the story of eXch, a crypto swapper favored by hackers like the Lazarus Group, its shutdown by German police following the Bybit hack, and evidence suggesting continued operations.