Educational Byte: Crypto Exchanges Can Be Hacked —and Your Data is Stolen, Too

This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-crypto-exchanges-can-be-hacked-and-your-data-is-stolen-too.

Do you know what happens when a crypto exchange gets hacked? It's not just funds you stand to lose. Let’s see how you can protect yourself in this situation.

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Coinbase was hacked in May 2025. Hackers bribed rogue overseas support agents to get certain data about customers. They also asked for $20 million as ransom to return this data.