Coinbase
exchangePlatform Safety Score
Based on incident history, security features, and track record
Two-Factor Authentication
Insurance Coverage
Supported Chains
Platform Type
exchange
About Coinbase
Publicly traded US exchange (NASDAQ: COIN). Offers custody insurance and regulatory compliance.
Incident History
Insider Data Theft and Extortion
May 15, 2025
Coinbase disclosed that rogue overseas support agents were bribed to access customer data. Attackers demanded $20M ransom. Up to $400M in remediation costs estimated.
Employee Social Engineering Attack
February 17, 2023
An attacker social-engineered a Coinbase employee via SMS phishing, gaining access to internal systems. No customer funds were lost but employee data was exposed.
Account Takeover Vulnerability
October 1, 2021
Coinbase disclosed that approximately 6,000 customers had funds stolen from their accounts between March and May 2021 due to a vulnerability in the SMS account recovery process.
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