Coinbase Exchange Hacked: Here’s the Balance Sheet of the Cyber ​​Attack

It turned out that the leading cryptocurrency exchange Coinbase Inc. has suffered a cyber attack. The exchange reported that at least 6,000 accounts were hacked and funds drained from the accounts. Coinbase has sent a notice to those affected by the attack, explaining that they may be the victim of a phishing scam. California Attorney General Rob Bonta shared the text of the notice.

“Unfortunately, between March and May 20, 2021, you were the victim of a third-party attack created to gain unauthorized access to Coinbase customers’ accounts and remove customer funds from the Coinbase platform. Money has been withdrawn from the accounts of at least 6,000 Coinbase customers, including you.”

In a statement sent to affected customers this week by Coinbase, it was stated that the hacker used a phishing method to seize customers’ accounts and steal their cryptocurrencies in the period since the attack.

In addition, it was reported that “how these third parties accessed this information has not been definitively determined.” It is estimated that the hackers behind the attack sent phishing mails pretending to be Coinbase in May, with 6,000 people unknowingly offering their Coinbase credentials.

Coinbase claimed they had fixed the issue and regained control of the affected accounts, and also promised to refund lost funds.

The hack news had no impact on the crypto market, which started October on a bullish run.

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