Coinbase, crypto and securities and exchange commission
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Coinbase said customer passwords and private keys were protected by its systems, and “at no time were any of the targeted contractors or employees able to access customer funds.”
Scammers demanded $20 million for customer data obtained by bribing insiders. Coinbase stock price tumbled Thursday following the incident.
Investors jumped on shares of Coinbase Global after the Monday night news that the crypto exchange will join the S&P 500 next week.
Shares surged 24% after S&P Dow Jones Indices said the crypto exchange will join the S&P 500 on May 19. ↗️ Boeing (BA): The aviation company's shares rose 2.5% after China
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Cryptocurrency exchange Coinbase Global is joining the S&P 500 stock market index, replacing Discover Financial Services. Here's why.
Rosenblatt analyst maintains Buy rating for Coinbase Global, raises price target to $300. Recent gains driven by S&P 500 addition and Deribit acquisition.
Shares of Coinbase took another leg lower Thursday afternoon on a report the SEC is investigating whether the crypto exchange has misstated its user numbers.
Coinbase Global Inc (NASDAQ: COIN) opened low on Thursday and was down more than 5% in early trading after CEO Brian Armstrong shared a ransomware update. Armstrong took to X to openly address the hackers who wanted $20 million in Bitcoin.