Coinbase is alerting customers and bolstering internal security after a bribery-fueled data breach exposed sensitive user information and triggered a multimillion-dollar incident response.

Coinbase often touts that it is 'building the financial system of the future,' but last week the cryptocurrency exchange made a disclosure that highlighted how vulnerable it was to a very ...

KYC verifications burden regular users with documents and selfies, yet offer little resistance to cybercriminals.

Coinbase faces a class action lawsuit over a data breach. Learn about the implications for investors and the importance of secure authentication.

Hacker behind Coinbase breach taunts ZachXBT and cashes out $44.9M in stolen ETH using THORChain to avoid detection.

it will continue to remain transparent about this hacking incident and similar future matters. Coinbase’s response to the activities of the alleged criminals is that it will trace stolen funds ...

The exchange believes it will pay […] The post Coinbase Reveals Cyber Attack Involving Employee Bribery, Warns Incident May Cost $400,000,000 appeared first on The Daily Hodl. Continue reading ...

A major data leak has hit U.S.-based crypto exchange Coinbase due to a security failure and bribery scandal in India.

A preliminary estimate of the incident's cost is "approximately $180 million to $400 million," Coinbase said in a SEC filing. Inside the crypto world, there is concern that large account holders ...

Coinbase detected the agents, quarantined them and fired them, as soon as the company noticed the activity. “So there were a number of specific bribery incidents that this attack, that this ...