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Coinbase admits data breach affected 69,000 customers - here's what you need to know

  • Coinbase confirmed a data breach affecting 69,461 customers in a filing with the Maine Attorney General.
  • The attack occurred in December 2024 and was discovered in mid-May 2025.
  • Threat actors bribed individuals to steal sensitive customer data, leading to an attempted extortion of Coinbase.
  • Coinbase offered a $20 million bounty for information on the attackers and pledged to reimburse customers affected by social engineering attacks.

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