0
0
News

Coinbase Data Breach Impacted 69K User Accounts

In a government filing, the exchange detailed that the total number of users impacted by its recent data theft was 69,461 individuals.
0
0
May 21, 2025 • 1 min read

A recent Coinbase data breach compromised 69,461 user accounts, exposing sensitive information and highlighting vulnerabilities in centralized exchanges.

What’s the Scoop?

  • Breach Details: Coinbase revealed a data breach involving personal information of 69,461 customers, including names, phone numbers, and partial bank details.
  • No Crypto Stolen: The hackers did not obtain seed phrases, passwords, private keys, or access to user funds.
  • Response and Costs: Coinbase estimates remediation costs of up to $400M and has allocated $20M as a reward fund for tips leading to the attackers.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.