Pakistan, May 16 -- Cryptocurrency giant Coinbase is facing a potential financial loss between $180 million and $400 million after a cyberattack targeted less than 1% of its users. The attackers reportedly gained access by bribing external contractors and support staff based outside the United States to leak sensitive customer information such as names, addresses, and emails.

Although login credentials and passwords were not exposed, the hackers used the stolen personal details to impersonate Coinbase and trick users into transferring crypto assets. The company has promised to fully reimburse affected users who were scammed as a result of the breach.

Coinbase, which is on the verge of joining the S&P 500 index, declined to pay a $20 mil...