๐ฅ 1. Massive Breach Confirmed! ๐
Crypto giant Coinbase has confirmed its systems have been breached and customer data, including government-issued identity documents, were stolen.
๐ฅ 2. Over 150,000 Users Affected ๐ฑ๐
Initial reports suggest that more than 150,000 accounts may be compromised or frozen due to the breach. Users are urged to check their balances and enable 2FA immediately.
๐ 3. Coinbase Stock Tumbles ๐ฃ๐
$COIN stock plummeted 12% in pre-market trading, with panic spreading across the crypto markets. Bitcoin and Ethereum also saw minor dips amid the news.
๐ฉน 4. Compensation Promised ๐ฐ๐ก๏ธ
Coinbase has pledged to fully reimburse affected users through its insurance fund. CEO Brian Armstrong said, โWe will make this right, no matter the cost.โ
๐ฌ 5. Crypto Community Reacts: โNot Again!โ ๐ก๐งจ
The global crypto community is expressing frustration over yet another exchange hack. Many are calling for decentralized solutions and self-custody more than ever.
๐ Stay alert. Stay secure.