# Coinbase Confirms Data Breach Affecting 69,000 Customers
In the ever-evolving world of technology, security breaches have become an unfortunate reality. This time, it’s Coinbase, a leading cryptocurrency exchange, that has fallen victim to a data breach. The company disclosed last week that at least 69,461 customers had personal and financial information stolen over a prolonged period.
## The Extent of the Data Breach
Coinbase confirmed this number in a filing with Maine’s attorney general on Wednesday, as per the state’s data breach notification law. The incident dates back to December 26, 2024, and continued until earlier this month when the company received a ransom note from the hacker.
### Timeline of Events
The hacker demanded a ransom payment of $20 million in exchange for deleting the stolen data. Coinbase refused to comply with this demand. The company alleged that the hacker bribed Coinbase customer support workers, allowing unauthorized access to customers’ data over several months.
### Stolen Data
The hacker managed to steal various types of sensitive information, including:
– Customer names
– Email and postal addresses
– Phone numbers
– Government-issued identity documents
– Account balances
– Transaction histories
There are fears that wealthy customers may be targeted more due to the nature of the data stolen.
### Stay Informed on Tech News
Don’t miss out on the latest tech news! Subscribe to our newsletter today and stay informed about industry trends, events, and insights from experts across various sectors.
Stay one step ahead in the fast-paced world of technology. Sign up now!