The account breaches occurred between March 2021 and May 20, 2021. Coinbase suspects hackers used a large-scale email phishing campaign to trick numerous customers into giving up the email addresses, passwords, and phone numbers associated with their accounts. ... The hackers then looted the cryptocurrency funds.

Did Coinbase get hacked recently?

The Coinbase hack, first reported by Bleeping Computer, happened between March and May 2021. The cryptocurrency exchange platform has about 68 million users in over 100 countries.

Will Coinbase refund if hacked?

Unlike traditional banks or credit card companies, once crypto currency transfers are confirmed on the blockchain, they are permanent.” “Because this attack was not the result of a breach of Coinbase security or our systems, we cannot reimburse you for this loss.