Coinbase Hacked: Here’s the Number of Affected People and What led to Hack

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Coinbase Hacked: Here’s the Number of Affected People and What led to Hack

Coinbase Inc., the leading public crypto exchange was hacked last night in what many called a complex hack process. The exchange reported that at least 6,000 accounts were hacked and the funds in them were drained. Coinbase sent out a letter to victims affected by the hack revealing that they might have fallen prey to a phishing campaign. The letter read,

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Prashant Jha

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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