Coinbase Denies Breach as Vendor Leak Hits Users

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR Coinbase says an incident at analytics vendor Amplitude exposed contact information for a small subset of its customers. The exchange says it found no evidence that its own systems were breached and that customer funds were not affected. The disclosure came amid other Wednesday reports of attacks on Bithumb and Daishin Securities in South Korea. Coinbase has not said how many customers were affected. Coinbase Points to Third-Party Vendor Coinbase confirmed that some customers’ contact information was exposed in a security incident at Amplitude, a third-party analytics provider. The exchange shared the update on Wednesday through its Coinbase Support account on X. According to the post, the incident hit a “small subset” of Coinbase users, along with customers of other companies that use Amplitude which was not described as a direct hack of the exchange. Coinbase also made two clear points: it denied that its own systems had been breached, and it said customer funds were not affected. For anyone holding assets on the platform, that second statement is the key takeaway. Coinbase Ex...