Have there been any reported incidents of Coinbase being hacked in the year 2021? This question arises given the increasing prevalence of cyberattacks on
cryptocurrency exchanges. Coinbase, as one of the largest and most popular platforms in the crypto sphere, would naturally be a prime target for hackers. While the company has a robust security infrastructure, are there any known breaches or vulnerabilities that have been exploited in the past year? If so, what were the details of the hack and how did Coinbase respond? These are important considerations for users who trust Coinbase with their digital assets.
7 answers
SakuraSpirit
Thu Jul 11 2024
As part of this phishing scheme, the hackers likely tricked customers into providing their email addresses, account passwords, and any associated security numbers.
LightWaveMystic
Thu Jul 11 2024
In a recent security breach, Coinbase has revealed that hackers were able to successfully steal cryptocurrency funds from a significant number of customers.
IncheonBeautyBloomingRadiance
Thu Jul 11 2024
This personal data, once obtained, allowed the hackers to gain unauthorized access to the victims' Coinbase accounts.
Bianca
Thu Jul 11 2024
Once inside, the hackers were able to withdraw cryptocurrency funds from the compromised accounts.
SamuraiBrave
Thu Jul 11 2024
The incident occurred between March and May 20, 2021, during which hackers targeted at least 6,000 Coinbase users.