Coinbase hacked: 6,000 accounts see cryptocurrency drained

Coinbase, the cryptocurrency platform used for buying coins like Bitcoin, Ethereum and others, has suffered a hack that’s affected 6,000 users, completely draining their accounts. 

Coinbase sent a document to users, as reported by our sister-site Techradar, telling them that all their funds had been drained by taking advantage of the company’s two-factor authentication (2FA) and using phishing attempts to gain access to passwords. The attacks took place between March and May of 2021.