Coinbase declined to pay the hackers $20 million ransom. Instead, the company posted a $20 million reward to catch and convict the extortionists. Despite the bold stance, remediation ...

Coinbase rocked by $400M insider hack, launches $20M global bounty to hunt attackers. ... The attack came to light after an unknown threat actor emailed Coinbase on May 11.

Coinbase also implemented extra customer safeguards, such as requiring additional ID checks on large withdrawals for flagged accounts and showing scam-awareness prompts to these accounts, the company ...

Yesterday, Michael Arrington, a well-known investor and founder of TechCrunch, publicly posted on X that he worries the cost to Coinbase will be greater than $400 million. Arrington stated: “I ...

This type of insider threat is not unique to Coinbase or the cryptocurrency industry. Data from the 2023 Verizon Data Breach Investigations Report (DBIR) reveals that 22% of breaches in 2022 were ...

Read below to see how Web3 reacted to this week’s revelation of the Coinbase (NASDAQ:COIN) hack. “The Coinbase attack proves why centralized systems keep failing – they offer no resilience ...

It is also hardening its defenses by increasing investment in insider-threat detection and automated response, as well as simulating similar security threats to identify potential vulnerabilities.

A known Coinbase hacker purchases $12.5 million worth of Ethereum, highlighting ongoing security challenges in the crypto ...

Coinbase was hacked on May 11, exposing sensitive personal data of less than 1% of users. Crypto traders should go the extra mile to enhance the security of their accounts.

Coinbase said scammers bribed company insiders to steal sensitive data, and the hack could cost the cryptocurrency exchange as much as $400 million. The firm said it was recently infiltrated by ...

Cybercriminals use AI video on TikTok to steal users’ personal information and one of the largest cryptocurrencies in the U.S. fell victim to a cyberattack.