• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Billionaire Draper Calls Bitcoin Ownership Essential

    Billionaire Draper Calls Bitcoin Ownership Essential

    U.S. Bancorp Relaunches Bitcoin Custody Services

    U.S. Bancorp Resumes Bitcoin Custody After Regulatory Rollback

    BlackRock Shifts from Ethereum to Bitcoin

    BlackRock Alters Crypto Strategy With Major Bitcoin Buy

    BlackRock Shifts $151M ETH to $290M Bitcoin Holdings

    BlackRock Shifts $151M ETH to $290M Bitcoin Holdings

    Spot Bitcoin ETF Inflow Unverified, Institutional Interest Evident

    Spot Bitcoin ETF Inflow Unverified, Institutional Interest Evident

    Bitcoin Treasury Companies Face 75% Stock Value Decrease

    Bitcoin Treasury Companies Face 75% Stock Value Decrease

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Sui Network Institutional Investment Growth

    Sui Network Unveils Institutional Investment Surge

    Rumors Surrounding Nasdaq Entity and SUI Token Purchases

    Sui Network Token Price Surge Rumor Unfounded

    Cumberland DRW Begins Market Making for WLFI Token

    Cumberland DRW Begins Market Making for WLFI Token

    Cumberland DRW Begins WLFI Token Market Making

    Cumberland DRW Begins WLFI Token Market Making

    Shiba Inu's Price Consolidation Amid Burn Rate Uncertainty

    Shiba Inu’s Price Consolidation Amid Burn Rate Uncertainty

    XRP Market Dynamics and Regulatory Impact

    XRP Recovery Delayed Amid Institutional Liquidations

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Coinbase Admits to User Data Leak

Anca F. by Anca F.
March 4, 2019
in Latest News
coinbase

Popular crypto exchange Coinbase acquired controversial surveillance firm Neutrino leading to a #DeleteCoinbase trend. The hire was justified by the exchange after it admitted that its previous analytics providers sold their user data.

A crypto trading platform which was trusted by many, Coinbase prompted many to delete their accounts after it bought blockchain analytics company Neutrino. Neutrino’s team is comprised of Hacking Team members, which allegedly sold spyware to oppressive governments around the world. Hacking Team was also responsible for sending human rights activist Ahmed Mansoor to prison for ten years. It is without surprise that the Coinbase’s community reacted as they did regarding the hire.

Adding to the wave of panic it stirred, Coinbase head of sales, Christine Sandler revealed in an interview with Cheddar that the previous company which was hired to monitor blockchain data had been leaking customer data.

“It was important for us to migrate away from our current providers. They were selling client data to outside sources and it was compelling for us to get control over that and have proprietary technology that we could leverage to keep the data safe and protect our clients.” said Sandler.

https://twitter.com/geoffgolberg/status/1100898212238581760

She went on to say that Neutrino has the best talents and their skill would be used to keep “data safe and protect” clients. The company explained its reasoning behind this deal, which monetary value remains unrevealed:

“[This deal] will also help us bring more cryptocurrencies and features to more people while helping ensure compliance with local laws and regulations. Neutrino’s technology is the best we’ve encountered in this space, and it will play an important role in legitimizing crypto, making it safer and more accessible for people all over the world.”

It is yet unknown which analytics provider Coinbase previously used, the gravity of the breach and how much data was leaked. But it is speculated that analytics platforms Chainalysis and Elliptic are possible candidates that have adopted this model.

Many are still speculating if the move to acquire Neutrino was a wise one on Coinbase’s part. The deal has prompted many to take to Twitter and start the #DeleteCoinbase movement, with partakers of this movement featuring the @BTC handle, Mr. Hodl, Udi Wertheimer, Tone Vays, as well as other important industry commentators

While Neutrino is now under Coinbase ownership, the company will still operate separately, sourcing information to governments on traders and their activities. The exchange’s privacy policy says that selling personal data will not be allowed. But privacy policies can be easily modified.

Tags: acquisitionCoinbasedata leakageneutrino
Previous Post

Bitcoin.com Possibly Under Government-Sponsored Attack

Next Post

Bitcoins Gone Missing From Dead Owner’s Wallet

Anca F.

Anca F.

Related Posts

DOJ Investigates Former Fed Governor Lisa Cook for Alleged Fraud

DOJ Probes Ex-Fed Governor Lisa Cook for Mortgage Fraud

by Joshua T.
September 5, 2025

The DOJ investigates ex-Fed Governor Lisa Cook for alleged mortgage fraud concerning properties in Michigan and Georgia.

World Liberty Blacklists Justin Sun Amid Token Controversy

World Liberty Blacklists Justin Sun Amid Token Controversy

by Solomon M.
September 5, 2025

World Liberty Financial blacklists Justin Sun's wallet after WLFI token movements, sparking scrutiny.

World Liberty Financial Blacklists Justin Sun's Wallet

World Liberty Financial Blacklists Justin Sun’s Wallet

by Solomon M.
September 4, 2025

World Liberty Financial blacklists Justin Sun's wallet amid WLFI selloff, affecting $900M in assets.

Fireblocks Launches Stablecoin Payment Network

Fireblocks Launches Institutional Stablecoin Payment Network

by Joshua T.
September 4, 2025

Fireblocks introduces a stablecoin network, boosting institutional payments and blockchain integration.

Nasdaq Enforces Stricter Crypto Fundraising Scrutiny

Nasdaq Enforces Stricter Crypto Fundraising Scrutiny

by Adriana M.
September 4, 2025

Nasdaq tightens crypto fundraising rules for listed firms, requiring shareholder approval and disclosure.

Nasdaq Tightens Oversight on Digital Asset Reserves

Nasdaq Tightens Oversight on Digital Asset Reserves

by Solomon M.
September 4, 2025

Nasdaq increases scrutiny on listed firms using digital assets as reserves, impacting fundraising.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.