Earlier this month, a security lapse at a bank used by Coinbase compromised the personal details of over 150 customers.
The breach occurred on July 11 and involved a third-party bank responsible for handling Coinbase’s payment processes.
According to a notice on the Maine Attorney General’s website, the bank mistakenly uploaded a file containing transaction and personal data to an unsecured location, potentially exposing it to unauthorized access.
In a letter to affected customers, Coinbase clarified that there is no evidence indicating that the data was accessed by unauthorized individuals or that any fraud or identity theft has occurred.
The compromised data includes names, bank account numbers, and routing details.
Coinbase is actively cooperating with the bank’s forensic investigation, and the bank has informed law enforcement about the breach.
This incident follows a significant data breach in 2021, when hackers accessed over 6,000 Coinbase accounts.
BingX, a cryptocurrency exchange, has alerted users to a possible security breach involving its hot wallet, leading to the activation of emergency protocols.
In the next five years, government prosecutors and tax agencies are expected to utilize artificial intelligence to analyze blockchain data for crime detection, according to Chainalysis CEO Michael Gronager.
Germany has shut down 47 cryptocurrency exchanges, accusing them of enabling cybercriminals to launder money by ignoring anti-money laundering regulations.
In the wake of the $230 million hack at Indian crypto exchange WazirX, the attackers have moved another $12 million worth of Ethereum.