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Coinbase says user funds are safe after third-party vendor exposes customer contact info

Picture: CoinDesk

Nasdaq-listed cryptocurrency exchange Coinbase has denied reports of a hack, saying customer funds are safe. The exchange clarified that the incident that led to the breach of customer data originated at Amplitude, a third-party analytics provider, and not the exchange itself. The exposed data includes only a “small subset” of contact information, alongside data related to other Amplitude clients, Coinbase Support’s X handle said . It said the exchange is informing impacted customers by email as required by law, while stressing that its systems have not detected any unauthorized access.

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