Coinbase is dealing with a significant data breach involving overseas employees who leaked sensitive customer data. The company has announced a $20 million reward for information to identify the cybercriminals behind this incident while refusing to pay the ransom demanded by the hackers.
In response, Coinbase plans to reimburse users affected by phishing attacks linked to the breach and aims to bolster its data security measures. This breach has prompted investigations by the U.S. Department of Justice and could lead to stricter regulations for cryptocurrency exchanges.
Full story here: https://coincu.com/338767-coinbase-data-breach-response