Bitcoin, Crypto and Coinbase
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Coinbase said 69,461 customers were initially impacted by the breach, but fears remain over the threat of real-world robberies.
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CNET on MSNCoinbase Reveals Over 69,000 People Had Their Data Exposed in a Breach. Take These Steps NowCoinbase refused to pay the $20M ransom for data that included names, emails and partial Social Security numbers. However, the company will cover any losses incurred.
The S&P 500 slipped less than 0.1% on Thursday, May 22, after the House narrowly passed the Republicans' "big beautiful" tax and spending bill.
Crypto sleuth ZachXBT has revealed that a suspected threat actor behind Coinbase scams is mocking him on-chain.
Last week, Coinbase ( COIN -1.07%) told customers about a security breach in which criminals accessed personal data from around 1% of its monthly transacting users. The popular cryptocurrency exchange estimates the hack could cost it between $180 million and $400 million, per its May 14 SEC filing.
Coinbase's S&P 500 debut comes after the company disclosed a cyberattack and is facing an investigation by the U.S. Securities and Exchange Commission.
Myriad's hottest prediction markets ask whether Bitcoin will eclipse $115K this weekend, along with Coinbase and box office guesses.
Coinbase often touts that it is 'building the financial system of the future,' but last week the cryptocurrency exchange made a disclosure that highlighted how vulnerable it was to a very old-fashioned form of crime.
Coinbase Global shares fell on Thursday after the crypto exchange said a recent cyberattack that breached customer account data could cost up the company up to $400 million.
Founded in 2012, Coinbase Global ( COIN -1.07%) is now the second-largest cryptocurrency exchange in the world. The company's April 2021 initial public offering (IPO) is still the largest-ever for the crypto industry. Four years later, Coinbase landed in the S&P 500, becoming the first-ever crypto trading platform to do so.