Source link : https://capital-cities.info/2025/05/15/america/americas-largest-crypto-exchange-coinbase-hacked-hackers-threaten-to-leak-customer-data-demand-20-million-ransom/

Coinbase Cyberattack Exposes Customer Data, Raising Alarms Across Crypto Community

Major Security Breach Hits Leading U.S. Cryptocurrency Exchange

In a startling cybersecurity incident, Coinbase—one of the foremost cryptocurrency trading platforms in the United States—has suffered a significant data breach compromising millions of user accounts. The perpetrators claim to have infiltrated sensitive customer information and are demanding a ransom payment of $20 to withhold public disclosure. The exposed data reportedly includes personal identifiers such as full names, email addresses, and detailed transaction records, sparking widespread concern among users about the safety of their digital assets.

This breach arrives amid heightened scrutiny over Coinbase’s security infrastructure as users question how well their financial details are protected in an increasingly hostile cyber environment. Authorities and cybersecurity experts are collaborating with Coinbase to investigate the attack while urging customers to immediately activate two-factor authentication (2FA) and update their passwords to mitigate potential risks.

The Ripple Effect: Consequences for Users and the Broader Cryptocurrency Ecosystem

The ramifications of this intrusion extend beyond individual account compromises; it threatens to erode confidence in cryptocurrency exchanges at large. Analysts warn that such incidents may trigger a surge in phishing scams targeting affected users, exploiting fears around…

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Author : Samuel Brown

Publish date : 2025-05-15 16:06:00

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