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    1. coinfeeds-bot on

      tldr; Coinbase faced a $400M crisis after a data breach in 2025, traced to an Indian call center managed by outsourcing firm TaskUs. The breach exposed sensitive user data, including names, emails, and partial financial details, enabling social engineering scams. Hackers, reportedly a group of young individuals, bribed call center agents for access. Coinbase refused to pay a $20M ransom, instead offering a bounty for the perpetrators. The incident highlights vulnerabilities in outsourcing sensitive operations and raises questions about security protocols in the crypto industry.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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