Coinbase Denies Data Breach as Amplitude Vendor Exposes Customer Information

Coinbase has denied reports of a new data breach after a security incident at third-party analytics provider Amplitude exposed contact information belonging to a limited number of its customers. The exchange clarified the incident on October 28, stating that its internal systems had not been compromised and customer funds remained unaffected. The exposure involved information processed by Amplitude, which also handles data for other companies. The response followed the circulation of alleged Coinbase breach notifications on social media, including unverified claims that more than 70,000 users were affected and that some customers had lost cryptocurrency.