'Major Wake-Up Call': How $400M Coinbase Breach Exposes Crypto's Dark Side

Last week's highly organized breach of cryptocurrency exchange Coinbase (COIN) left behind more questions than answers.While some hailed Coinbase's response as a "really great example" in dealing with a crisis, the breach has now caused a potentially massive privacy issue that mirrors the Ledger data breach in 2021 — which led to a spate of real-world robberies as criminals were able to get a hold of names and addresses of crypto holders. Coinbase has already acknowledged that its customers may have lost close to half a billion U.S source: https://www.coindesk.com/business/2025/05/22/major-wake-up-call-how-usd400m-coinbase-breach-exposes-crypto-s-dark-side