Cryptocurrency exchange Coinbase has issued a statement, denying any reports of a data breach in its systems. The company says that its analytics vendor, Amplitude, had a security incident that may have impacted some users, but no customer funds were exposed.“Coinbase has not had a data breach,” the company said on X. “Amplitude, an analytics vendor, experienced a security incident which impacted a small subset of Coinbase customer contact data, among other Amplitude customers.”The statement comes after a report from blockchain security firm SlowMist’s 23pds, who claimed Coinbase had faced a data breach.

According to the report, hackers had obtained the contact information of more than 70,000 users. Coinbase said on X.

Coinbase says all customer funds safeThe crypto exchange insisted that the incident had not impacted any customer funds. “We’ve found no evidence of unauthorized access to Coinbase systems, and customer funds were not impacted,” Coinbase added. Coinbase clarified that it was notifying all of its users who were impacted by the incident.

The crypto exchange is also in touch with regulatory agencies in “accordance with our legal obligations.”Though, the company did not disclose how many of its customers were affected by the Amplitude incident. There were also no details on when the security incident happened, or who was behind the attack.

As an analysis vendor, Amplitude tracks user behaviour on the platform, including clicks and engagement patterns. Coinbase is one of the biggest crypto exchanges in the world, with over 100 million registered users.

In June this year, the company relaunched in India with support for transactions in INR.Previously, Coinbase addressed a separate breach in May 2025. Coinbase then said criminals had bribed overseas support agents to copy customer records, including names, phone numbers, government ID images, and transaction histories.

This incident impacted over 69,000 users.Coinbase’ latest disclosure comes at a time when there are growing concerns in the world of cybersecurity. The State Bank of India (SBI) acknowledged a data breach affecting nearly 3,900 customer records earlier this month.

Critical vulnerabilities, such as ones in EDK II open-source code, and the PHP programming language have also been found.- Ends