Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    Ethereum Classic is Predicted to Reach $21.72 By Nov 13, 2024

    November 9, 2024

    3 Brands Focused on Utility Building Ahead of Market Change

    October 6, 2023

    Central Bank of Italy Raises Alarm on Bitcoin P2P Services

    December 26, 2024
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      UAE Rejects $100K Crypto Visa Program as TON’s Staking Plan Triggers Regulatory Backlash

      July 8, 2025

      Digital trade tensions take center stage between the U.S. and South Korea

      July 7, 2025

      Traders Gear Up: FOMC Prep Signals Bitcoin, Altcoin Buying Frenzy

      July 6, 2025

      Bitcoin: Here's why BTC might fall to $105K despite all the hype

      July 5, 2025

      Crypto Analyst Says Bitcoin Will ‘Leave People in Awe’ Once BTC Breaks Out, Outlines Path Forward for XRP

      July 4, 2025
    • Technology

      CleanSpark Doubles Bitcoin Mining Power After Georgia Expansion

      July 8, 2025

      Dogecoin price double bottoms as whale accumulation continues

      July 7, 2025

      Comment on Metaplanet Joins Top 5 Bitcoin Holders With 13,350 BTC as Stock Surges 10% by Bitcoin Treasuries Boom as Firms Add 8,400 BTC in Just One

      July 6, 2025

      Sonic Unveils New Consensus Protocol, Promising 2x Speed and 68% Less Memory Use

      July 5, 2025

      Why are Bitcoin and altcoins going down today?

      July 4, 2025
    • Learn/Guide

      Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting

      July 8, 2025

      Plume Network brings real-world yield to TRON’s global payment ecosystem via SkyLink integration

      July 7, 2025

      TON introduces UAE Golden Visa program through crypto staking, Toncoin soars 13%

      July 6, 2025

      Russia’s industrial powerhouse Rostec to launch ruble-backed token on Tron

      July 5, 2025

      Dormant Bitcoin whale activates after 14 years and moves 60,000 BTC

      July 4, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Coinbase discloses over 69,000 users affected by insider-linked data leak
    Learn/Guide

    Coinbase discloses over 69,000 users affected by insider-linked data leak

    May 21, 20252 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Coinbase discloses over 69,000 users affected by insider-linked data leak
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Key Takeaways

    • Coinbase disclosed a data breach affecting 69,000 users, caused by insider access.
    • Impacted customers receive complimentary credit monitoring and identity theft protection.

    Share this article







    Coinbase’s recently disclosed data leak, which was the result of staff misconduct, affected over 69,000 users, including upwards of 200 in Maine, the company said in a filing with Maine authorities.

    The incident, which occurred in late December 2024, went undetected until May 11, 2025, according to the disclosure.

    Coinbase said it is offering affected users one year of free credit monitoring and identity protection through IDX as part of its effort to mitigate the damage. The package includes identity restoration assistance, dark web monitoring, and a $1 million insurance reimbursement policy.

    The breach was first reported by Coinbase on May 15, when the firm said that extortionists had bribed overseas customer support agents to gain unauthorized access to user data. The attackers reportedly demanded a $20 million ransom in exchange for not leaking the stolen information.

    Instead of complying with the demands, Coinbase is offering a $20 million bounty for information leading to the arrest of those responsible. The company also stated it would reimburse impacted users.

    While the compromised data includes sensitive personal information, Coinbase confirmed that private keys and direct account access were not affected.

    Following its first report of the incident, Coinbase told Bloomberg this week that the company is working with the US Department of Justice and other domestic and international law enforcement agencies to investigate the case.

    The insider-driven data exposure has led to a wave of lawsuits against Coinbase, with plaintiffs across multiple US states alleging that the company failed to implement adequate security measures to protect user information.

    In addition to seeking damages for the harm caused, some lawsuits are demanding that Coinbase purge affected data and engage independent security auditors to prevent future incidents.

    Share this article









    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting

    July 8, 2025

    Plume Network brings real-world yield to TRON’s global payment ecosystem via SkyLink integration

    July 7, 2025

    TON introduces UAE Golden Visa program through crypto staking, Toncoin soars 13%

    July 6, 2025

    Russia’s industrial powerhouse Rostec to launch ruble-backed token on Tron

    July 5, 2025
    Top Posts

    Hinmann documents unsealed in Ripple vs. SEC case, Binance faces more regulatory headwinds

    June 18, 2023

    Bybit to launch Byreal, its first onchain DEX on Solana, on June 30

    June 15, 2025

    Crypto Gets A Green Light From Spanish Banking Giant

    June 18, 2025

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    UAE Rejects $100K Crypto Visa Program as TON’s Staking Plan Triggers Regulatory Backlash

    July 8, 2025

    Digital trade tensions take center stage between the U.S. and South Korea

    July 7, 2025

    Traders Gear Up: FOMC Prep Signals Bitcoin, Altcoin Buying Frenzy

    July 6, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.