Crypto exchange Coinbase is facing significant fallout from a major security breach that exposed personal data of over 69,000 users. The company confirmed the incident in December 2024, revealing hackers gained access to names, home addresses, and email addresses during the attack. This breach has sparked legal investigations, regulatory inquiries, and calls for increased transparency from the exchange. 8.1 billion of Coinbase’s cryptocurrency exchange market share has been lost due to this hack. The company confirmed that no passwords, private keys, or user funds were stolen but did not disclose if any financial transactions were compromised. 69,461 people were impacted and are now vulnerable to potential identity theft and scams.