Coinbase Knew of Data Breach Since January: Report

Reports indicate that Coinbase, a prominent cryptocurrency exchange, was aware of a data breach affecting its users as early as January. The company only recently publicly disclosed the breach, raising questions about its transparency and response. The leak allegedly included sensitive user information such as usernames, email addresses, and phone numbers. This revelation has caused significant concern among Coinbase users, who have expressed disappointment with the company’s handling of the situation. Coinbase now faces increasing pressure to reveal more details about the breach, its handling of the sensitive data, and the measures it has taken to prevent similar violations in the future. This event is expected to negatively impact Coinbase’s reputation and user trust. The question remains whether this incident will lead to legal action against the company and what steps Coinbase will take to address this growing crisis of confidence.