Coinbase
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$62 Billion Crypto Platform Coinbase Forecasts $180 Million to $400 Million Loss from Cyberattack, Hackers Claimed to Acquire Some Customers Account Information Including Names, Addresses & Emails But Not Login & Passwords, Coinbase Will Reimburse Customers Tricked into Sending Funds to Hackers, Coinbase Founded in 2012 by Brian Armstrong & Fred Ehrsam, IPO on Nasdaq in 2021

16th May 2025 | Hong Kong

Crypto platform Coinbase ($61 billion market value) issued a forecast of $180 million to $400 million loss from cyberattack, with hackers claiming to have acquired some of Coinbase customers account information including names, addresses & emails but not login & passwords.  Coinbase will reimburse customers tricked into sending funds to hackers.  Coinbase was founded in 2012 by Brian Armstrong & Fred Ehrsam, IPO on Nasdaq in 2021.  Profile – Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin. Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system. Our first step on that journey is making digital currency accessible and approachable for everyone. Two principles guide our efforts. First, be the most trusted company in our domain. Second, create user-focused products that are easier and more intuitive to use.

“ $62 Billion Crypto Platform Coinbase Forecasts $180 Million to $400 Million Loss from Cyberattack, Hackers Claimed to Acquire Some Customers Account Information Including Names, Addresses & Emails But Not Login & Passwords, Coinbase Will Reimburse Customers Tricked into Sending Funds to Hackers, Coinbase Founded in 2012 by Brian Armstrong & Fred Ehrsam, IPO on Nasdaq in 2021 “

 



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$62 Billion Crypto Platform Coinbase Forecasts $180 Million to $400 Million Loss from Cyberattack, Hackers Claimed to Acquire Some Customers Account Information Including Names, Addresses & Emails But Not Login & Passwords, Coinbase Will Reimburse Customers Tricked into Sending Funds to Hackers, Coinbase Founded in 2012 by Brian Armstrong & Fred Ehrsam, IPO on Nasdaq in 2021

Coinbase



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