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Crypto trading platform Coinbase said a hacker demanded $20 million to delete illegally obtained customer data. Bloomberg's Margi Murphy explains how the hacker gained access to Coinbase's ...
This isn't just one company's headache; it's a wake-up call for the entire digital asset space. The fallout makes people ...
Coinbase’s recent data breach of $400 million has highlighted the role of low-paid customer service agents from India working ...
The decline in the stock’s price after Armstrong announced that hackers tried to deceive some overseas support agents into receiving a bribe and the hackers then gained access to a limited amount of ...
Forbes contributors publish independent expert analyses and insights. Noah Barsky writes about business insight in a tech-driven world. Bankrolling cybersecurity may soothe momentary leadership ...
(Bloomberg) — Coinbase ... hack is unlikely to broadly erode trust among its customers, although the analyst sees a “modest overhang” from the news, both because of the financial impact ...
Coinbase has been seen as an island of safety before the recent hack. It’s the first publicly ... data getting breached and minimize their impact.Having an identity threat protection service ...
Coinbase CEO Brian Armstrong said on X that the crypto exchange had been targeted in a sophisticated extortion attempt involving insider collusion and customer data theft. Armstrong said hackers tried ...
The company is also expanding its U.S.-based support to monitor and manage the impact on customer accounts. Coinbase sent email notifications from the address [email protected] to all affected ...
Coinbase is facing a flurry of lawsuits after disclosing a data breach that compromised nearly 70,000 customer accounts, with estimated losses reaching as high as $400 million. The exchange says ...
Bloomberg Coinbase Hack Could Have Wide-Ranging Impact Posted: 16 May 2025 | Last updated: 16 May 2025 Crypto trading platform Coinbase said a hacker demanded $20 million to delete illegally ...