Coinbase: "Customer Support Staff Colluded with Hackers to Access Internal Systems"
"Data Theft Less Than 1%... Hacking Recovery Costs Around 5.6 Trillion Won"
BTC Maintains $13,000... Altcoins Drop Average 1% in Morning
The cryptocurrency market, including Bitcoin (BTC), slightly declined on the 16th following news that the largest US cryptocurrency exchange, Coinbase, was hacked.
Coinbase announced on its official blog on the 15th that customer support staff colluded with professional hackers to access internal systems and steal user account data since the 11th.
Coinbase stated that less than 1% of user data was stolen, and critical information such as passwords, private keys, and funds were not affected. The stolen data includes ▲customer names ▲postal and email addresses ▲phone numbers ▲last four digits of social media accounts.
Coinbase revealed that recovery costs due to the hacking would be approximately $400 million (about 5.6 trillion won).
Following the Coinbase hacking news, market fear caused a morning decline, but the cryptocurrency market slightly rebounded in the afternoon. Bitcoin hovered around $13,000, and most altcoins dropped by about 1%.
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