Data Breach
Blockchain analytics firm TRM Labs says ongoing cryptocurrency thefts can be traced to data exposed in LastPass's 2022 breach. The finding underscores lingering risks from major credential leaks and the need for stronger account protections.
Coinbase CEO Brian Armstrong confirmed an ex-contractor was arrested in India over the May breach that led to a $20 million ransom demand. Attackers allegedly bribed customer support staff to access confidential user data.
On May 15, 2025, Coinbase revealed it was hit by a cyber attack that led to the theft of partial customer data and a $20 million ransom demand. Despite this, the exchange is offering a $20 million reward for information leading to the hackers' capture. This incident highlights the ongoing vulnerabilities in the cryptocurrency sector amid recent market revival and legal challenges.