Coinbase confirms data breach with hackers demanding $20 mil...

Hackers behind the breach into the crypto exchange are threatening to leak users' personal data. The biggest cryptocurrency exchange in the United States just confirmed that it was hacked. On Thursday, Coinbase confirmed that their systems were breached by unauthorized users and that internal company documents along with customers' personal data were accessed. The company was made aware of the breach via an email from the threat actor on May 11. Coinbase disclosed that in the email that the company received from the hackers was a demand for a $20 million ransom in exchange for not publicly leaking the stolen data. Coinbase says it will not pay the ransom and will instead establish a $20 million reward fund for anyone who provides information that leads to the arrest and conviction of the criminals behind the breach. The company also said it's cooperating with law enforcement. The new...