Coinbase Hack: $400 Million Exposed, User Data Compromised

In a major cyberattack, Coinbase, the prominent U.S.-based cryptocurrency exchange platform, has suffered a data breach impacting approximately 1% of its user base. This incident comes just days before Coinbase’s anticipated inclusion in the prestigious S&P 500 index. The attack’s consequences for this giant boasting over 105 million users are significant and raise concerns about trust in the cryptocurrency sector.