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861 Coinbase hacked: Data of thousands exposed in $20M extortion scheme. Company fights back with $20M bounty

Startups News
Nickie Louise @ Startups News · 05/15/2025 09:03 EDT

Coinbase hacked: Data of thousands exposed in $20M extortion scheme. Company fights back with $20M bounty

Coinbase confirmed Thursday that a security breach exposed personal data tied to thousands of customers, or less than 1% of its monthly users. The breach wasn’t caused by a technical flaw. It came down to bribery. Hackers paid off overseas ...

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