Moreover, Coinbase says, unauthorized transactions are rare. While its popularity may make it a target, Coinbase is not the only cryptocurrency trading platform with consumer accounts that have been hacked.įor its part, Coinbase emphasizes the trading platform itself has never sustained a breach by hackers. Ben's loss is one of dozens reported over the past five years concerning breached accounts on the popular trading platform, which started trading publicly on Wednesday, April 14, and has become the world's most popular exchange for buying and selling digital currencies.
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