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Coinbase Clarifies Customer Data Breach Incident

Nasdaq-listed cryptocurrency exchange Coinbase has denied reports of a hack, stating that customer funds are safe. The incident, which exposed a small subset of customer contact information and data related to other Amplitude clients, did not affect the exchange's systems. Coinbase is informing impacted customers via email and has not specified the number of affected customers or the exact fields of contact data involved. The disclosure highlights the importance of supply-chain security in protecting customer data.

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