NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Coinbase Reports Phishing Attack; Reimburses Affected Users

Samuel Rae
Samuel Rae
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Late last night, Bitcoin payment processing company Coinbase released an announcement via its community platform. According to the head of support, the company had discovered a phishing attack earlier that morning, an attack involving an email that requests users to accept a new terms of service agreement and – in the process – sign into their account.

Upon signing in, the account would authorize an attempt to remove BTC from the user’s wallet. According to Coinbase, only a few individuals have been affected and the company has promised to reimburse them for the coins lost while it investigates further.0fdab13c280ddbf4a5b23fe71bc430ed

The announcement in full:

This morning we discovered a phishing attack that came via email, requesting users to click to accept New User/Service Agreement.

This prompted users to sign in to their accounts and authorize a malicious application to remove bitcoin from their Coinbase Wallet.

We found this malicious application relatively quickly, and we shut it down. Only a small number of users were affected, and we will be reaching out to them directly.

We will be reimbursing the affected users the bitcoin that they lost, while we continue the investigation.

To stop this from happening again, we are reassessing our API/application approval process, as well as re-visiting the limits of money that can be sent over an application.

Lastly, we began to talk about how we can proactively reach out customers and educate them on how to use their Coinbase Vaults as a more secure way of storing their bitcoin.

We appreciate the feedback and patience with this matter.

The Coinbase Team

It is nice to see the matter quickly resolved with no parties left out of pocket (except Coinbase, for the coins it must reimburse, of course). Well played, Coinbase. This is the latest in a string of such attacks. Are you one of the few users affected? Do you have any more information on the specifics or how many coins were lost? If so – let us know!

Images courtesy of Flickr and Coinbase.

Tweet123Share196ShareSend
Samuel Rae
Samuel Rae

Samuel Rae

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

ethereum koers, ethereum verwachting, eth koers, ethereum nieuws, ethereum daalt

ETH breakout of fakeout – duikt de Ethereum koers onder de $4500 in september?

De Ethereum koers slaagde er gisteren in om dicht in de buurt te komen van de $4.500 met een stijging...

Lars Diederiksen 1 hour ago
token6900-spx6900-listing-explosion-crypto

TOKEN6900 (stablemate de SPX6900) débarque aujourd’hui à 14h UTC, une explosion x100 à l’horizon ?

Mercredi 3 septembre 2025 – Le moment est arrivé : TOKEN6900 (T6900), cousin du SPX6900 à 1 milliard $, sera...

guillaumev 1 hour ago

迷因新秀 TOKEN6900 首日飆漲 120% 市場憧憬 SPX6900 千倍傳奇再現

在加密貨幣市場中,迷因幣始終佔據著一個獨特的位置,既不依賴技術突破,也不靠嚴謹商業計劃,反而憑藉敘事、社群與病毒式傳播成為焦點。SPX6900便是這類型幣種中的極致範例,自2023年起從0.00017...

estherw 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Criptomonede de viitor

Criptomonede de viitor care atrag atenția investitorilor în Septembrie 2025

antonio 10 minutes ago
кит и Биткоин

Киты сокращают позиции в Биткоине: что это значит для рынка

daria 24 minutes ago
BTC и ETH на весах

Открытый интерес к Bitcoin и Ethereum почти на пике

daria 24 minutes ago

Premium Sponsors

Press Releases

  • リップル 今後はどう動く?米利下げで焦点となる2.80ドル水準

    リップル...

    5 minutes ago
  • 仮想通貨プレセールで勢い増す新興コイン、6億トークン完売と高利回りに注目

    ...

    18 minutes ago
  • 仮想通貨おすすめ:ソラナや革新的プロジェクトが浮上、12月に向けて成長期待

    ...

    32 minutes ago
  • 新しい仮想通貨:ビットコイン層2プロジェクトが2025年に爆発的成長の可能性、1,380万ドルを調達

    ...

    45 minutes ago
  • BTCは15万〜25万ドルへ?仮想通貨1000倍の可能性を秘めた次世代レイヤー2

    ...

    58 minutes ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.