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Posts Tagged ‘cryptocurrency exchange’

Cryptocurrency exchange Coinbase has fended off a cyberattack that might have been mounted by the same attackers that targeted Twillio, Cloudflare and many other companies last year. Leveraging smishing and vishing, the attackers tried to trick Coinbase employees into sharing login credentials and installing remote desktop applications, and were only partly successful: the company’s incident […]

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Coinbase has sent out breach notification letters to over 6000 users admitting they might have lost funds in a months-long campaign against the cryptocurrency exchange. In the letter, the company said attackers took advantage of a flaw in Coinbase’ two-factor authentication (2FA) mechanism to carry out several assaults between March and May 20, 2021. “As […]

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KuCoin, a Singapore-based cryptocurrency exchange, has disclosed a security incident that resulted in the unauthorized transfer of roughly $150 million in digital assets. In a notice published last week, KuCoin notified clients that it detected suspiciously large withdrawals starting September 26. In response to the Incident, KuCoin Global CEO Johnny Lyu hosted a livestream and […]

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