Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Hacked Exchanges since 2011
by
Jating
on 02/10/2021, 10:15:35 UTC
⭐ Merited by JayJuanGee (1)
Coinbase Multi-Factor Authentication Hack Affects at Least 6,000 Customers

A vulnerability that allowed hackers to bypass Coinbase’s multi-factor authentication SMS option has affected at least 6,000 of the exchange’s customers, according to a notification letter sent to affected customers that the company has filed with the California state attorney general offices.

https://www.coindesk.com/business/2021/10/01/coinbase-multi-factor-authentication-hack-affects-at-least-6000-customers/

The thing is that this hack happens months ago and it's just this month that Coinbase acknowledge it.

So we don't know why it took them so long to take responsibility, in any case Coinbase are going to reimburse those 6000 customers that have been affected by the hacks.

Quote
Coinbase also says it will reimburse those who lost funds as a result of the phishing attack, and that it has already begun to make customers whole. The company did not disclose the total amount the hackers stole.

https://decrypt.co/82427/coinbase-hack-phishing