Coinbase Reveals Data Breach Involving Insider Contractor

Coinbase has revealed a data breach involving an insider contractor who stole user data and attempted to extort $20 million. The incident was discovered after the contractor tried to sell the stolen data. Specific technical details of the breach have not been disclosed, but the impact includes the compromise of users' personal information. The extortion attempt failed, and Coinbase has taken measures to secure the data and investigate the incident.