US EditionPersonal Information Leaked in Coinbase Cyberattack, Cost Could Be $400 Million
- Coinbase confirmed a cyberattack on May 11, 2025, that exposed personal data of certain customers through compromised overseas support staff.
- The breach occurred after criminals bribed contractors and employees in support roles abroad to access sensitive data, though no passwords or funds were taken.
- The attackers demanded a $20 million ransom for the stolen data and contacted Coinbase, which refused to pay and instead set up a $20 million bounty for information.
- The stolen data included customers’ names, addresses, emails, phone numbers, government IDs, partial Social Security numbers, and financial information affecting less than 1% of users.
- Coinbase faces estimated costs of $180 million to $400 million for remediation and reimbursement, highlighting ongoing security challenges in the cryptocurrency sector.
25 Articles
25 Articles
A Cyber Attack Rocks Coinbase, and a $20 Million Ransom Is Demanded.
A cyberattack targets the largest cryptocurrency exchange. Coinbase, the largest cryptocurrency exchange in the United States, announced that it had suffered a major security breach that resulted in the leakage of personal data of a number of customers. This shocking development comes days before the company is set to be included in the S&P 500 index on May 19.
An Artist Lost a $2 Million Crypto Nest Egg in Coinbase’s Hack
After spending nearly two decades as a fabricator in the art world, helping construct elaborate creations like Jeff Koons’ series of Balloon Dog sculptures, Ed Suman decided to try his hand at something new: cryptocurrency investing.
Coinbase customers’ personal data stolen in hack, stock drops
By Naveen Athrappully Contributing Writer The cryptocurrency exchange Coinbase was recently targeted in a hacking incident that led to the personal data of thousands of customers being stolen, the company said in a Thursday statement. According to a March 31 filing with the Securities and Exchange Commission, Coinbase had 9.7 million monthly transaction users by the end of that month. Since the company claims that less than 1% of MTUs have be…
Coinbase Hackers Demand $20 Million Ransom Payment - Company Puts Bounty on Their Heads Instead
Coinbase, the largest US cryptocurrency exchange, disclosed a major cyberattack that exposed sensitive customer data and could cost the company up to $400 million. The hackers have demanded a $20 million ransom payment, but the company has played a $20 million bounty on them instead of paying up.
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