Bitcoin

Coinbase Confirms Breach, Refuses to Pay Up

Coinbase revealed a security violation where the attackers welded customer support agents abroad to access user data via social engineering. Compromise information affected less than 1% of monthly users and included names, addresses, telephone numbers and limited account details. Above all, no password, private keys or user funds have been accessible. The attackers demanded a ransom of $ 20 million, which Coinbase firmly refused to pay. The exchange now strives to improve internal security and prevent future threats from initiates.

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