<ul><li>Coinbase has refused to pay a $20 million ransom after a breach and launched a matching $20 million bounty for convicting the hacker.</li><li>Hackers bribed overseas support staff to access limited user data; however, no passwords or funds were stolen.</li><li>The ransom demand came after attackers got access to user data by bribing Coinbase customer support services overseas.</li><li>Coinbase is enhancing security measures, relocated some support teams, and initiated a $20 million reward to assist in finding and convicting the hackers.</li></ul>

Coinbase Launches $20M Bounty Countering Previous Ransom Threat

Discover more