On June 27, Coinbase, a crypto exchange, refuted claims of a data breach involving its customers' data linked to the Au10tix compliance platform. Reports on June 26 suggested that employee credentials from Au10tix were leaked on Telegram. Despite the Au10tix website displaying the Coinbase logo, the exchange stated no knowledge of data exposure and is monitoring the situation. Au10tix, an identity verification platform used by various companies including Coinbase, stores users' personal information. While an employee credential leak raised concerns, no evidence of data exploitation was found. Steps have been taken to prevent future incidents. Although Coinbase did not confirm using Au10tix, it assured no data breach occurred. The incident highlights the importance of data security in the crypto industry amidst regulatory requirements for customer verification. Read more AI-generated news on: https://app.chaingpt.org/news