Coinbase Data Breach Exposes User Info in $20M Ransom Hack

Coinbase Data Breach Exposes User Info in $20M Ransom Hack

Coinbase Data Breach: What Happened and What It Means for Customers If you're wondering " Was Coinbase hacked?" or " Did Coinbase have a data breach?" — the answer is yes. In May 2025, Coinbase, one of the largest cryptocurrency exchanges in the U. S., confirmed a significant cybersecurity breach that compromised sensitive customer information. The stolen data includes names, email addresses, phone numbers, Social Security digits, government- issued IDs, and even banking details like masked account numbers. This breach underscores the growing cybersecurity risks in crypto and digital finance — raising urgent concerns about data protection, identity theft, and account security.                Image Credits:Chesnot / Getty Images Hacker Demands $ 20M Ransom After Breaching Coinbase Systems According to Coinbase's legally mandated filing with U. S. regulators, the breach was revealed when a hacker contacted the company, claiming to have stolen customer data. The attacker…