by: xpoolPosted on:

Coinbase Addresses Data Breach: User Losses Covered

A significant data breach impacting Coinbase, affecting 1% of its monthly active users (MAU), has been publicly disclosed. While the attack resulted in the loss of $400 million worth of sensitive user information, Coinbase remains committed to safeguarding their customers and announced that they will be fully compensating affected users. CEO Brian Armstrong stated his firm’s commitment to addressing this breach and fulfilling promises of restitution for impacted individuals.

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