Key Takeaways: Coinbase's Conor Grogan flagged a potential hack after $8.6B in long-dormant Bitcoin moved. A suspicious Bitcoin Cash transaction just before the BTC transfers raised further concerns.

Cryptocurrency giant Coinbase has disclosed a cyberattack that compromised personal data from thousands of customers. The hackers demanded $20 million in Bitcoin to stay quiet. Instead of paying ...

Coinbase struggles with financial and reputational damage The fallout from the breach has thrown Coinbase’s security reputation into question, clouding its entry into the S&P 500 index last Monday.

Coinbase is choosing to make clients whole, but it doesn't have to. In contrast, the Electronic Funds Transfer Act (also known as Regulation E) requires banks to reimburse customers for fraudulent ...

But the company did pledge to reimburse any who did. Coinbase shares fell 6% in trading around midday. The shares are still up about 22% this month due to gains in bitcoin and other cryptocurrencies.

Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.) These loans are not backed by Bitcoin, nor are they ...

Read below to see how Web3 reacted to this week’s revelation of the Coinbase (NASDAQ:COIN) hack. “The Coinbase attack proves why centralized systems keep failing – they offer no resilience ...

Liquidation of bitcoin holdings: According to Coinbase, a loan's health is determined by its loan-to-value (LTV) ratio. If you borrow $500 against a $1,000 collateral, your LTV would be 50% (500/ ...

WASHINGTON — Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto ...

WASHINGTON — Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto ...