Kathmandu. One of the world’s largest US cryptocurrency firms has been the victim of cyber ‘Coinbase’ attack. The cyber attack is estimated to cost the firm $400 million.
According to Coinbase, the hackers claimed to have obtained customer details by taking money from the firm’s top officials and employees. “Hackers have managed to obtain less than 1% of customer details,” Coinbase said in a blog post. ’
A group of hackers has demanded $20 million from Coinbase to resolve the incident. However, Coinbase has taken a stand that it will not pay the ransom. “We are rather willing to compensate customers who have been victims of this cyber attack,” Coinbase said.
Coinbase’s share price fell 4.1 percent after the cyber attack came to light. – Agency
