A new lawsuit against Coinbase highlights the financial consequences of its recent data breach, with investors claiming the company’s delayed disclosures caused a damaging stock drop.
Dubai, United Arab Emirates, 23rd May 2025, Chainwire
Teaming up with Backed, the exchange will use Solana for its unmatched speed and ecosystem, reinforcing crypto’s role in modern finance.
Following a security breach at Coinbase, the US Department of Justice (DoJ) has launched an investigation.
Coinbase’s stock fell 7% on Thursday after two developments cast doubt on the company’s controls and regulatory challenges.
Coinbase reported a 10% quarter-over-quarter revenue decline to $2 billion in Q1, falling short of industry estimates by 4.1% as market trading activity slowed.
Deribit, the world’s leading crypto options exchange, is considering entering the US market.
