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A recent Coinbase breach exposed sensitive customer data after hackers bribed support staff. The attackers demanded a $20 million ransom, raising concerns about insider threats in crypto exchanges. Coinbase has since taken steps to enhance security and assist affected users.
- Hackers bribed Coinbase support staff to access sensitive customer data, including personal and financial details.
- Coinbase rejected a $20 million ransom demand and has since fired implicated agents while boosting security measures.
- The breach reflects a broader trend of rising cyberattacks in crypto, with $92.5 million lost in April 2025.
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