“The very recent cyberattack on Coinbase, the largest U.S. cryptocurrency exchange, is a clear warning that the crypto industry remains vulnerable to insider threats, this time because of ...

To strengthen defenses, Coinbase is opening a new U.S.-based support hub, increasing monitoring of high-risk transactions, and enhancing insider-threat detection.

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.

As the use of crypto by illicit entities has climbed from 13% in 2022 to 17% in 2023 and surged to 19% by the end of 2024, the service aims to help mitigate this threat.

$20 million ransom demand flipped into a matching bounty when Coinbase disclosed this week that bribed overseas support staff leaked partial data on less than 1% of its users, reigniting fears of ...

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 ...

ZachXBT also believes some of the threat actors are US-based, and Coinbase could easily make an example out of them if they wanted. So, the inaction raises eyebrows.

On May 15, Coinbase CEO Brian Armstrong said on X that the crypto exchange had been targeted in a sophisticated extortion attempt involving insider collusion and customer data theft. Armstrong ...

Insider threats can be either malicious—for example, someone with authorized access to an organization’s systems deliberately steals sensitive data and sells it for personal gain—or innocent ...

Coinbase's (COIN) $2.9 billion acquisition of Deribit will be a tipping point for the company, pushing the U.S.-based exchange into direct competition with global heavyweights like Binance, Wall ...