National Cyber Warfare Foundation (NCWF)

Coinbase Says Breach May Cost $400 Million, Issues $20 Million Bounty


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2025-05-16 12:44:07
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Crypto Currency
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The major data breach of cryptocurrency exchange Coinbase could cost the company as much as $400 million, it told the SEC. However, rather than pay the $20 million extortion demand, Coinbase issued a $20 million bounty on the hackers.


The post Coinbase Says Breach May Cost $400 Million, Issues $20 Million Bounty appeared first on Security Boulevard.



Jeffrey Burt

Source: Security Boulevard
Source Link: https://securityboulevard.com/2025/05/coinbase-says-breach-may-cost-400-million-issues-20-million-bounty/?utm_source=rss&utm_medium=rss&utm_campaign=coinbase-says-breach-may-cost-400-million-issues-20-million-bounty


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