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Coinbase faces lawsuit over alleged breaches of Illinois biometric privacy law
19.5.2025
A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and James Lonergan claimed in the May 13 lawsuit filed...
Coinbase faces lawsuit over alleged breaches of Illinois biometric privacy law
19.5.2025
A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and James Lonergan claimed in the May 13 lawsuit filed...
Retired artist loses $2M in crypto to Coinbase impersonator
18.5.2025
Retired artist Ed Suman lost over $2 million in cryptocurrency earlier this year after falling victim to a scam involving someone posing as a Coinbase support representative.Suman, 67, spent nearly two decades as a fabricator in the art world, helping build high-profile works such as Jeff...
Retired artist loses $2M in crypto to Coinbase impersonator
18.5.2025
Retired artist Ed Suman lost over $2 million in cryptocurrency earlier this year after falling victim to a scam involving someone posing as a Coinbase support representative.Suman, 67, spent nearly two decades as a fabricator in the art world, helping build high-profile works such as Jeff...
Webull Pay Taps Coinbase for Crypto Trading, Custody Infrastructure
16.5.2025
Coinbase will provide cryptocurrency trading, custody, and staking services to Webull Pay through its Crypto-as-a-Service (CaaS) platform starting in June 2025, the two companies announced Friday. Coinbase to Provide Backend Crypto Services for Webull Pay Under the agreement, Webull Pay gains...
Sequoia Capital exec also a victim in Coinbase data breach — Report
16.5.2025
At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the venture capital firm may also have been compromised. According to a May 16 Bloomberg report, Sequoia Capital Managing Partner Roelof Botha’s...
Sequoia Capital exec also a victim in Coinbase data breach — Report
16.5.2025
At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the venture capital firm may also have been compromised. According to a May 16 Bloomberg report, Sequoia Capital Managing Partner Roelof Botha’s...
Sequoia Capital exec also a victim in Coinbase data breach — Report
16.5.2025
At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the venture capital firm may also have been compromised. According to a May 16 Bloomberg report, Sequoia Capital Managing Partner Roelof Botha’s...
Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
16.5.2025
Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
16.5.2025
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation...
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
16.5.2025
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation...
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
16.5.2025
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation...
Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN
16.5.2025
Coinbase shares dropped 7% after disclosing a cyberattack and a resurfaced SEC probe on old user metrics
Coinbase unikla zákaznická data, škody jdou do stovek milionů dolarů
16.5.2025
Na 400 milionů dolarů odhadla jedna z největších kryptoměnových burz na světě Coinbase škody po nedávném kybernetickém útoku. Firma uvedla, že ji kontaktovali hackeři s tím, že získali přístup k informacím o zákaznících
Coinbase drops 7% on customer breach, SEC probe into user numbers
16.5.2025
Coinbase stock dipped after news broke of a cyberattack that exposed customer data and an ongoing Securities and Exchange Commission investigation over misstated user numbers in 2021.The double whammy of bad news rattled investors as company stock (COIN) slid 7% in a fall to $244 in after-hours...
Trump’s crypto ties ‘add a certain level of challenge’ to passing bills — Coinbase exec
16.5.2025
Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump’s crypto ventures, and how they may affect related legislation.Speaking at the Consensus conference in Toronto on May 15, Grewal said there...
SEC Probes Coinbase’s Discontinued ‘Verified User’ Claims: NYT
15.5.2025
The New York Times (NYT) reported Thursday that the Securities and Exchange Commission is investigating whether Coinbase misrepresented its now-discontinued “verified user” metric in past disclosures, according to David Yaffe-Bellany and Matthew Goldstein. The probe, citing over 100 million users...
‘Really Great Example’: Coinbase Praised for Hack Response Amid $400M Crisis
15.5.2025
At a panel at Consensus 2025, TRM Labs' Ari Redbord discussed Coinbase’s response to their recent hack
SEC Is Probing Coinbase Over User Number Misstatement Concern
15.5.2025
The investigation began under former SEC Chair Gary Gensler and has continued under the current administration, according to the NYT, which first reported the story
Coinbase fires compromised agents in India, says security chief
15.5.2025
Coinbase has reportedly fired a group of customer support agents following their alleged involvement in social engineering attacks on users. The contracted agents were based in India. According to a May 15 Fortune interview, Coinbase's chief security officer, Philip Martin, said the company flagged...