Coinbase reportedly knew in January about a data breach at an outsourcing company that it publicly disclosed May 14 in a filing with the Securities and Exchange Commission (SEC).The cryptocurrency exchange was notified immediately when an India-based employee of the outsourcing company was caught taking photos of data on her work computer, Reuters reported Monday (June 2), citing unnamed sources.Coinbase said in its SEC filing that it knew contactors accessed data they didn’t need for business reasons in “p ...

SAN FRANCISCO, May 29, 2025 /PRNewswire/ -- On May 15, 2025, investors in Coinbase Global, Inc. (NASDAQ: COIN) saw the price of their shares slide about 7% after the company announced that it experienced a material cybersecurity incident, raising questions about the adequacy of its internal controls and disclosure processes.Hagens Berman has opened an investigation into possible securities law violations and urges Coinbase  investors who suffered substantial losses to submit your losses now. The firm also e ...

Crypto-focused fintechs have gained momentum in the backdrop of easing regulatory control to accelerate crypto adoption (including institutional) as well as integrating artificial intelligence (AI) and blockchain technology. In this context, let’s find out which of these two companies is better poised, Coinbase (COIN) or Block Inc. (XYZ) . Stablecoins, which bridge the gap between traditional finance and the crypto space, are gaining importance in shaping the digital financial system. In fact, major banks a ...

SAN FRANCISCO, May 23, 2025 (GLOBE NEWSWIRE) -- On May 15, 2025, investors in Coinbase Global, Inc. (NASDAQ: COIN) saw the price of their shares slide about 7% after the company announced that it experienced a material cybersecurity incident, raising questions about the adequacy of its internal controls and disclosure processes. Hagens Berman has opened an investigation into possible securities law violations and urges Coinbase investors who suffered substantial losses to submit your losses now. The firm al ...

In Brief Coinbase said at least 69,461 customers had personal and financial information stolen during a months-long data breach that it disclosed last week.The crypto giant confirmed the number of affected customers in a filing with Maine’s attorney general on Wednesday, as required by the state’s data breach notification law.  Coinbase’s filing said the breach dates back to December 26, 2024, and continued until earlier this month, when the company said it received a “credible” ransom note from the hacker ...

When I first wrote about Coinbase ( COIN ) last October , I naively maintained a ‘hold’ position given the market premium. Coinbase is the only pure-play crypto stock, so naturally investors will buy Coinbase because no other alternative isAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in COIN over the next 72 h ...

Robinhood, Nu, and Coinbase are all great long-term investments.Many financial stocks endured wild swings over the past few years as interest rates spiked and fell. Rising rates throttled economic growth and drove many investors away from stocks, cryptocurrencies, and other riskier investments. While higher rates helped banks and other lenders collect higher interest payments, they also caused individuals and businesses to take out fewer loans.But over the long term, many financial stocks should continue to ...

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).“Based on the information available to the Company on the date hereof and based on facts that continue to evolve, the Company has preliminarily estimated expenses to be within the range of approxi ...

Coinbase Global (COIN -7.35%) will be added to the S&P 500 (^GSPC 0.41%) before the stock market opens on Monday, May 19. The stock has rocketed 643% higher since January 2023, but certain Wall Street analysts still anticipate substantial gains in the next year.Joseph Vafi at Canaccord Genuity and Devin Ryan at Citizens JMP have set Coinbase with target prices of $400 per share. That implies 52% upside from the current share price of $263. Read on to learn more about this cryptocurrency stock. Statistics sa ...

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.“This is a hold-over investigation from the prior administration about a metric we stopped reporting two and a half years ago, which was fully di ...