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21Serious

Fri, Jul 18, 2025
10:30 PM
Daily Index

Negative

21Serious

Neutral

Optimistic

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Negative

21Serious

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21Serious

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Coverage Details
Total News Sources
1
Left
1
Center
0
Right
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Unrated
0
Last Updated
64 days ago
Bias Distribution
100% Left
64 days ago
Updated 64 days ago
Coinbase Suffers Major Data Breach, Rejects $20M Ransom Demand
Coinbase Suffers Major Data Breach, Rejects $20M Ransom Demand

Coinbase Suffers Major Data Breach, Rejects $20M Ransom Demand

News summary

Coinbase, the largest US cryptocurrency exchange, suffered a cyber attack in which hackers bribed outsourced support agents to steal sensitive customer data, including names, addresses, masked social security numbers, bank account details, and government ID photos. The attackers demanded a $20 million ransom to prevent releasing the stolen information, but Coinbase refused to pay and instead offered a $20 million reward for information leading to the arrest and conviction of those responsible. The breach affected less than 1% of monthly transacting users, and no login credentials, two-factor authentication codes, private keys, or customer funds were compromised. Coinbase is cooperating with law enforcement, reimbursing customers who were tricked into sending funds, and strengthening security controls. The incident is projected to cost Coinbase between $180 million and $400 million, mainly due to remediation efforts and customer reimbursements. The breach caused Coinbase's stock to drop and occurred just before the company was set to join the S&P 500 index.

Story Coverage
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Yahoo! Finance
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Coinbase Suffers Internal Data Breach. Do This Now to Protect Your Crypto and Data
64 days ago
Read Full Article
alt
Yahoo! Finance
Left
Coinbase stock drops after cyber criminals swipe customer data and make $20 million ransom demand
64 days ago
Read Full Article
alt
Yahoo! Finance
Left
Coinbase Suffers Internal Data Breach. Do This Now to Protect Your Crypto and Data
64 days ago
Read Full Article
alt
Yahoo! Finance
Left
Coinbase stock drops after cyber criminals swipe customer data and make $20 million ransom demand
64 days ago
Read Full Article
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
64 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

21Serious

Neutral

Optimistic

Positive

Negative

21Serious

Neutral

Optimistic

Positive

Negative

21Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
alt
Yahoo! Finance
Left
Coinbase Suffers Internal Data Breach. Do This Now to Protect Your Crypto and Data
64 days ago
Read Full Article
alt
Yahoo! Finance
Left
Coinbase stock drops after cyber criminals swipe customer data and make $20 million ransom demand
64 days ago
Read Full Article
alt
Yahoo! Finance
Left
Coinbase Suffers Internal Data Breach. Do This Now to Protect Your Crypto and Data
64 days ago
Read Full Article
alt
Yahoo! Finance
Left
Coinbase stock drops after cyber criminals swipe customer data and make $20 million ransom demand
64 days ago
Read Full Article
Ask VT AI
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%

Related Topics

  • SecuritySecurity
  • Security Breach
  • Cyber Crime
  • CryptocurrencyCryptocurrency
  • Kidnapping
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