Coinbase denies system breach following data incident at analytics vendor Amplitude
Coinbase clarified that its internal systems and customer funds remain secure after an incident at analytics vendor Amplitude exposed contact data for some users.
Coinbase announced that its own systems were not breached following a security incident at third-party analytics provider Amplitude. In a statement shared on social media, the crypto exchange emphasized that it found no evidence of unauthorized access to its infrastructure and that customer funds were completely unaffected.[1][2][3]
According to Coinbase, the vendor's security incident impacted a small subset of Coinbase customer contact details, alongside data from other Amplitude clients. The exchange added that it is actively notifying affected customers and relevant regulatory agencies to comply with its legal obligations.[3]
The clarification came after SlowMist's chief information security officer flagged that hackers had accessed contact information belonging to more than 70,000 Coinbase users.[3]
Key facts
- Coinbase stated that it did not suffer a data breach and found no unauthorized access to its systems.
- A security incident at analytics provider Amplitude exposed contact data for a small subset of Coinbase users and other Amplitude clients.
- Coinbase confirmed customer funds were not impacted by the incident.
- Coinbase is notifying affected customers and regulatory bodies per legal obligations.
- SlowMist's CISO previously reported that hackers accessed contact information for more than 70,000 Coinbase users.
Sources · 3 sources
- CO
Cointelegraph@CointelegraphPost on X ·
🚨 NOW: Coinbase says it has not suffered a data breach. A security incident at analytics vendor Amplitude exposed some users’ contact data, but customer funds and Coinbase systems were unaffected. https://t.co/YvLA1YAHtV
Open source - CO
CoindeskArticle ·
Coinbase says user funds are safe after third-party vendor exposes customer contact info The crypto exchange says an incident at analytics firm Amplitude exposed some customer contact information, but insists its own systems were not breached.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Coinbase has denied data breach claims, saying analytics vendor Amplitude had a security incident that impacted a small subset of user contact data. The exchange said it found no evidence of unauthorized access to its systems, and customer funds were not affected. $COIN Earlier, SlowMist CISO flagged that hackers accessed contact information for over 70,000 Coinbase users.
Open source