How Coinbase’s Data Breach Could Hurt Your Trust—and The Crypto Market
Coinbase has disclosed a significant cyberattack affecting a “small subset” of user data—names, addresses, and emails—though no passwords or fund access were compromised
Estimated damages range between $180–$400 million, factoring in internal investigation costs, legal exposure, and reputational damage
While Coinbase continues to operate and has ramped up security protocols, this incident raises a flag: even top-tier institutions remain vulnerable, reminding users that centralized exchanges still carry risk.
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