Weird that you didn’t mention that it recovered and is up today from the 7% drop.
coinfeeds-bot on
tldr; Coinbase’s stock fell 7% due to a customer data breach and an SEC investigation into past user number reporting. Hackers bribed support staff to access private data, affecting less than 1% of daily users, and demanded a $20 million ransom. Coinbase refused to pay, pledged to reimburse affected customers, and fired compromised employees. The SEC is investigating claims of over 100 million ‚verified users‘ in past filings. Coinbase now focuses on ‚monthly transacting users‘ and is cooperating with the probe.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Etrensce on
Reads headline. Goes and checks the stock price, up 7% today. Ok…
milnivek on
Hilarious thing about crypto price action headlines I’ve noticed is that in the time it’s takes to write and get published, things tend to change lol
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Weird that you didn’t mention that it recovered and is up today from the 7% drop.
tldr; Coinbase’s stock fell 7% due to a customer data breach and an SEC investigation into past user number reporting. Hackers bribed support staff to access private data, affecting less than 1% of daily users, and demanded a $20 million ransom. Coinbase refused to pay, pledged to reimburse affected customers, and fired compromised employees. The SEC is investigating claims of over 100 million ‚verified users‘ in past filings. Coinbase now focuses on ‚monthly transacting users‘ and is cooperating with the probe.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Reads headline. Goes and checks the stock price, up 7% today. Ok…
Hilarious thing about crypto price action headlines I’ve noticed is that in the time it’s takes to write and get published, things tend to change lol