Hackers stole from the accounts of at least 6,000 customers of Coinbase Global Inc , according to a breach notification letter sent by the cryptocurrency exchange to affected customers.
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton/File PhotoOct 1 - Hackers stole from the accounts of at least 6,000 customers of Coinbase Global Inc
, according to a breach notification letter sent by the cryptocurrency exchange to affected customers.posted on the website of California's Attorney General. Unauthorized third parties exploited a flaw in the company's SMS account recovery process to gain access to the accounts, and transfer funds to crypto wallets not associated with Coinbase, the company said.
"We immediately fixed the flaw and have worked with these customers to regain control of their accounts and reimburse them for the funds they lost," a Coinbase spokesperson said on Friday. The hackers needed to know the email addresses, passwords and phone numbers linked to the affected Coinbase accounts, and have access to personal emails, the company said.News of the hack was earlier reported by technology news portal Bleeping Computer.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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