Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Coinbase rejected a $20 million ransom demand after insiders leaked user data in a phishing scheme, but the exchange could face a bill of up to $400 million. Huione Guarantee, suspected as the world’s largest darknet marketplace, has shut down, citing a Telegram account purge that decimated its network, and US Commodity Futures Trading Commission (CFTC) commissioner Summer Mersinger is set to become the next CEO of the crypto advocacy group Blockchain Association.
Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data, the company said.
According to a May 15 blog post, Coinbase said a group of external actors bribed and coordinated with several customer support contractors to access internal systems and steal limited user account data.
