Coinbase Promises Up to $400 Million Reimbursement After Data Breach
Saturday, May 17, 2025, 6:20 am
Following a significant security breach, Coinbase is taking decisive action by promising reimbursements up to $400 million. The crypto exchange seeks to restore customer trust amid a scramble to address vulnerabilities and prevent further digital asset fiascos.
Welcome back to Week in Review! We’ve got tons of news for you this week, including a hack at Coinbase; YC thinks Google is a ‘monopolist’; layoffs at Microsoft; and much more. Have a great weekend! Uh-oh: Coinbase says that customers’ personal information, including government-issued IDs, was…
Plus: 12 more people are indicted over a $263 million crypto heist, and a former FBI director is accused of threatening Donald Trump thanks to an Instagram post of seashells.
permalink / 2 stories from sources in 6 hours ago #cybersecurity #crypto #dataprivacy #finance
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