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📈Breaking News🚨

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🛡️ Security & Crime: Coinbase Hack and France's Wave of Crypto Kidnappings:

• Coinbase Data Breach: Coinbase revealed a large data breach on less than 1% of its 9.7 million monthly customers. Hackers bribed customer support staff abroad to obtain sensitive user data, such as government identification and financial information. The hack will cost the company between $180 million and $400 million in remediation and payouts.

• Crypto Kidnappings in France: France is facing an upsurge in kidnappings of cryptocurrency businessmen and their relatives. Some notable cases are the attempted kidnapping of Pierre Noizat's granddaughter and grandson, and the kidnapping of Ledger co-founder David Balland, who was severely injured. These kidnappings, usually carried out by organized criminal groups associated with international drug cartels, have led the French government to improve security for crypto professionals.