{"id":669684,"date":"2025-05-16T21:00:38","date_gmt":"2025-05-16T18:00:38","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-breaks-out-while-coinbase-breaks-down-finance-redefined\/"},"modified":"2025-05-16T21:00:38","modified_gmt":"2025-05-16T18:00:38","slug":"bitcoin-breaks-out-while-coinbase-breaks-down-finance-redefined","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-out-while-coinbase-breaks-down-finance-redefined\/","title":{"rendered":"Bitcoin breaks out while Coinbase breaks down: Finance Redefined"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NWQyY2EtODJkNi03OTkxLWI5ZjEtNGE5ZDRkMzZkNTc4.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>Coinbase faces a $400 million phishing bill after cybercriminals managed to bribe overseas support agents to expose the personal data of the exchange\u2019s users.<\/p>\n<p><p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> engineering scams.<\/p>\n<p>While less than 1% of Coinbase\u2019s active monthly users were reportedly affected, the expected remediation and reimbursement expenses range from $180 million to $400 million, as the exchange pledged to repay all phishing attack victims.<\/p>\n<p>Despite the attack on the world\u2019s third-largest cryptocurrency exchange, investor sentiment remains optimistic, with the Fear &amp; Greed Index remaining firmly in the \u201cGreed\u201d zone above 69, according to CoinMarketCap <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/coinmarketcap.com\/charts\/fear-and-greed-index\/\" rel=\"null\" target=\"null\" title=\"null\">data<\/a>.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-breaks-out-coinbase-breaks-down-finance-redefined?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase faces a $400 million phishing bill after cybercriminals managed to bribe overseas support agents to expose the personal data of the exchange\u2019s users. News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams. While&#8230;<\/p>\n","protected":false},"author":1,"featured_media":669685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-03\/0195d2ca-82d6-7991-b9f1-4a9d4d36d578","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[92664,74867,74862,74937,74858,74894,74956,74863,74860,107431,74983,74868,74891,75493,93542,74355,117,72366,73711,75134,70934,71101,67874,42873],"class_list":["post-669684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-aave","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-bitcoin-regulation","tag-blockchain","tag-coinbase","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-cryptocurrency-investment","tag-decentralization","tag-defi","tag-ethereum","tag-stablecoin","tag-web3","tag-adoption","tag-business","tag-data","tag-investments","tag-phishing","tag-regulation","tag-scams","tag-united-states","tag-white-house"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/669684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=669684"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/669684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/669685"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=669684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=669684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=669684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}