With this Coinbase “data breach” story, the people who deserve the most criticism aren’t Coinbase—it’s those accounts that rushed to shout “confirmed.”
Let’s recap: Last night, a bunch of people posted screenshots of identical “breach” alerts. @DelCrxpto went straight to “We have confirmed,” claiming that the contact details of 70,000+ users had been stolen. The post got over 30,000 views. Just over an hour later, they followed up with “Get All Your Crypto Off Coinbase now.” Then the JUST IN accounts piled on, translating SlowMist’s 23pds claim as “100% real.”
Later, Coinbase Support replied to people one by one: Coinbase itself hadn’t been breached. A security incident at Amplitude, a third-party analytics provider, affected the contact information of a small number of Coinbase customers. Other Amplitude customers were affected too, and there was no evidence of unauthorized access to Coinbase’s systems.
So the only thing confirmed so far is contact information. No one has produced evidence that passwords or funds were affected. The figure of 70,000 also sounds familiar: the 2025 insider leak involved 69,461 people. Someone may have simply recycled that old number for this story.
The real risk comes next: with email addresses and phone numbers in someone else’s hands, expect more calls from the “Coinbase security team” and links urging you to “urgently move your assets.” The irony is that posts telling you to “withdraw everything right now” sound almost exactly like a scammer’s script: first scare you, then get you to act.
You can self-custody whenever you want, but don’t let an unverified screenshot make the decision for you.
#Coinbase
Let’s recap: Last night, a bunch of people posted screenshots of identical “breach” alerts. @DelCrxpto went straight to “We have confirmed,” claiming that the contact details of 70,000+ users had been stolen. The post got over 30,000 views. Just over an hour later, they followed up with “Get All Your Crypto Off Coinbase now.” Then the JUST IN accounts piled on, translating SlowMist’s 23pds claim as “100% real.”
Later, Coinbase Support replied to people one by one: Coinbase itself hadn’t been breached. A security incident at Amplitude, a third-party analytics provider, affected the contact information of a small number of Coinbase customers. Other Amplitude customers were affected too, and there was no evidence of unauthorized access to Coinbase’s systems.
So the only thing confirmed so far is contact information. No one has produced evidence that passwords or funds were affected. The figure of 70,000 also sounds familiar: the 2025 insider leak involved 69,461 people. Someone may have simply recycled that old number for this story.
The real risk comes next: with email addresses and phone numbers in someone else’s hands, expect more calls from the “Coinbase security team” and links urging you to “urgently move your assets.” The irony is that posts telling you to “withdraw everything right now” sound almost exactly like a scammer’s script: first scare you, then get you to act.
You can self-custody whenever you want, but don’t let an unverified screenshot make the decision for you.
#Coinbase