"Coinbase User Suspected of Being Hacked for 400 Bitcoin (BTC) Yesterday… Approximately 51.2 Billion Won"
Summary
- A Coinbase user was hacked for 400 Bitcoin, suffering a loss of about 51.2 billion won.
- This incident has led to a total of over 67 billion won in similar losses for Coinbase this month.
- Coinbase's regulatory system is still pointed out to have vulnerabilities, facing annual losses of 300 million dollars.
A Coinbase user is suspected of having been hacked yesterday, losing 400 Bitcoin (BTC). The estimated loss amounts to 34.9 million dollars (approximately 51.2 billion won).
On the 28th, on-chain tracker ZachXBT stated through a Telegram channel, "It is estimated that a Coinbase user suffered a hacking loss of about 34.9 million dollars (approximately 51.2 billion won) yesterday." He also analyzed, "Coinbase has suffered similar hacking losses exceeding 46 million dollars (approximately 67 billion won) this month."
The hacked funds are suspected to have been converted to Dai (DAI) through Bitcoin and Ethereum bridges.
ZachXBT pointed out, "Coinbase is facing annual phishing and fraud losses of 300 million dollars," adding, "These addresses are still not blocked by Coinbase's (own) regulatory system."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
