Coinbase says cyberattack cost up to $400 million
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Coinbase on Thursday confirmed the U.S. Securities and Exchange Commission has been investigating whether the crypto exchange has misstated its user numbers.The stock was last lower by 6%.The inquiry focuses on the number of "verified users" reported by the company,
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CNET on MSNCoinbase Refuses to Pay $20M Ransom After User Data Breach. Do This Now to Protect Your Money and DataThe popular cryptocurrency exchange will reimburse you for stolen crypto, but you'll need to secure your personal information.
On Thursday, Coinbase confirmed that their systems were breached by unauthorized users and that internal company documents along with customers' personal data were accessed. The company was made aware of the breach via an email from the threat actor on May 11.
Coinbase Global Inc. is cooperating with the US Securities and Exchange Commission on an agency probe into its previously reported user metrics, the company said Thursday.
Coinbase forecast a hit of $180 million to $400 million from a cyber attack that breached account data of a "small subset" of its customers, the crypto exchange said in a regulatory filing on Thursday.
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The SEC is reportedly investigating Coinbase over claims it overstated user numbers in past filings — just days before its entry into the S&P 500.
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Coinbase Global shares tumbled Thursday after the company said it had been the victim of a cyberattack, and as a report emerged the Securities and Exchange Commission is investigating the platform.
Coinbase said on Thursday it strongly believes a regulatory investigation by the U.S. securities regulator into its disclosures of monthly transacting users should not continue.
Coinbase Global Inc. dijo que unos hackers sobornaron a contratistas o empleados fuera de Estados Unidos para robar datos confidenciales de clientes y exigieron un rescate de US$20 millones, en una de las violaciones de seguridad más importantes de una plataforma de comercio de criptomonedas.
Coinbase says hackers are bribing its support agents for information on customers, which they use to steal funds. Coinbase has promised to reimburse those who fell for the scam.