Coinbase, the US cryptocurrency exchange, was hacked, resulting in the theft of customer data and a $20 million extortion demand, which the company refused. Despite a 7.2% drop in shares following the incident, Coinbase plans to reward whistleblowers with the same amount for information leading to the hackers’ arrest. Additionally, the company is cooperating with the SEC over a prior investigation into its customer growth metrics, amidst a broader context of increased cyberattacks on the crypto sector, which saw $1.5 billion stolen this year alone.