Coinbase Global, Inc. (COIN)
S&P 500 Gains and Losses Today: Coinbase Stock Climbs as Cryptocurrency Prices Surge
Major U.S. equities indexes were mixed on Thursday after the House of Representatives passed a far-reaching budget bill that includes significant tax cuts and reduced spending on government health care and food assistance programs. The proposed budget will now head to the Senate, where it could see changes and amendments.
Coinbase says its data breach affects at least 69,000 customers
Coinbase said at least 69,461 customers had personal and financial information stolen during a months-long data breach that it disclosed last week.
Should You Buy COIN Stock At $260?
Coinbase Global (NASDAQ:COIN) has garnered significant attention recently, surging over 25% last week. This upward momentum followed its inclusion as the first crypto exchange stock in the broader S&P 500 index, taking the place of Discover Financial Services, which is in the process of being acquired by Capital One.
An Update On Coinbase's Q1 2025 Earnings (Rating Upgrade)
Coinbase's S&P 500 inclusion is a massive liquidity event, driving momentum and attracting institutional investors, making it a unique, premium crypto investment. Regulatory progress like the STABLE Act and USDC growth, plus the Deribit acquisition, position Coinbase for long-term success as crypto adoption accelerates. Despite cybersecurity incidents, Coinbase's proactive response and industry-leading transparency reinforce its resilience and investor confidence.
Coinbase Says Cybersecurity Incident Could Cost It $400 Million
Coinbase disclosed that the cybersecurity incident it reported Thursday (May 15) could cost it as much as $400 million. The company's investigation into the incident is still underway, so the full impact of the cyberattack is not yet known, Coinbase said in a filing with the Securities and Exchange Commission (SEC).
Fintech stocks are hot again, as Coinbase and eToro whet investor appetite
Crypto broker Coinbase is slated to join the S&P 500 on Monday as the sector gains favor while trading platform eToro's IPO hits pay dirt and Chime files to go public.
Coinbase hack exposes customer data in $400m breach
Coinbase Global Inc (NASDAQ:COIN) has disclosed a major security breach involving the personal data of high-value customers, after hackers bribed outsourced support staff to access internal systems. The attackers demanded a $20 million ransom in exchange for deleting the stolen information.
Coinbase Says SEC Investigating Its Past Reporting of User Metrics
Coinbase Global reportedly said Thursday (May 15) that it is cooperating with the Securities and Exchange Commission (SEC) on the agency's investigation into how the cryptocurrency exchange used to report its user metrics. The company said the SEC is looking into whether Coinbase overstated the number of unique users in past disclosures, Bloomberg reported Thursday.
Coinbase said cyber crooks stole customer information and demanded $20 million ransom payment
Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange's customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the info.
Coinbase Says Data Breach Could Cost Up to $400M. The Stock Is Falling.
The crypto exchange reported a breach of sensitive company and customer data to the SEC.
Coinbase Reimburses Customers Following $20 Million Extortion Attempt
Coinbase is reimbursing users following a data breach that turned into an extortion attempt. The breach happened when cybercriminals convinced “a small group” of company insiders to copy the data from its customer support tools for less than 1% of Coinbase's monthly transacting users, according to a Thursday (May 15) company blog post.
Coinbase says customers' personal information stolen in data breach
Crypto giant Coinbase has confirmed its systems have been breached and customer data, including government-issued identity documents, were stolen.
