Coinbase Shuts Down Data Breach Rumors: No Customer Funds at Risk

In an X post, Coinbase addressed concerns about customer data exposure, clarifying that the cryptocurrency exchange itself did not suffer a data breach. "Coinbase has not had a data breach," the official Coinbase Support account on X stated . Rather, Amplitude, a third-party analytics vendor, experienced a security incident that impacted a small subset of Coinbase customer contact data, among other Amplitude customers. This clarifies the recent development as a vendor-related security incident, not a breach of Coinbase infrastructure. Along these lines, Coinbase said it found no evidence of unauthorized access to Coinbase systems, and customer funds were not impacted.