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Trust Wallet 2025-07-15 15:26
Who knew CZ would have predicted Trust Wallet hitting 210,848,223 downloads on 15/07/25馃く https://t.co/z3X9yb4eKZCZ 馃敹 BNB (@cz_binance):Throw back to 8 years ago. Dinner was always delivered to the office. The Binance team worked day and night. This was how the world's largest crypto exchange was made. 馃槀 https://t.co/1Qqknozq72 ...
The S&P 500's biggest winner is up 134% in 3 months
Finbold 2025-07-08 14:58
Group 1 - Coinbase stock has surged approximately 134% over the past three months, making it the top performer among S&P 500 constituents [1] - As of July 8, 2025, Coinbase shares closed at $354.17, up from $151.47 on April 8, 2025 [1] - The S&P 500 index rose approximately 6.3% during the same period, currently trading at $6,234 [3] Group 2 - Wall Street analysts have a "Moderate Buy" consensus on Coinbase, with 13 "Buy" ratings, 10 "Hold" ratings, and no "Sell" ratings based on 23 analyst ratings [3] - The average 12-month price target for Coinbase is $299.47, indicating a potential downside of 15.83% from the current price of $355.80 [5] - Price forecasts for Coinbase range from a high of $510.00 to a low of $190.00 [5]
Robinhood shares drop after the online brokerage fails to get the nod to join the S&P 500
CNBC 2025-06-09 12:01
People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City.Shares of Robinhood dropped nearly 5% in premarket trading. The stock has rallied 3.3% Friday to bring last week's gain to over 13% before the S&P Dow Jones Indices said after the bell that the S&P 500 would remain unchanged.Robinhood shares sold off on Monday as the online brokerage was snub ...
Coinbase confirms user metric investigation, says it's working with Trump's SEC to resolve
CNBC 2025-05-15 18:52
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, which it has claimed is more than 100 million in various securities filings and marketing materials, according to The New York Times, which first reported the story that sent the stock lower. The investigation began during the Biden administrati ...
Coinbase says hackers bribed staff to steal customer data and are demanding $20 million ransom
CNBC 2025-05-15 12:18
Core Insights - Coinbase reported a significant data breach involving cyber criminals bribing overseas support agents to steal customer data, which may cost the company up to $400 million to address [1][5]. Group 1: Incident Details - The company received an email on May 11 from an individual claiming to have obtained sensitive information about certain customer accounts and internal documentation [2]. - The email demanded a ransom in exchange for not publicly disclosing the stolen information, but Coinbase has not complied and is cooperating with law enforcement [3][6]. - The breach did not compromise passwords or private keys, but sensitive data such as names, addresses, phone numbers, emails, masked bank account numbers, and the last four digits of social security numbers were affected [4][5]. Group 2: Company Response - Coinbase detected the breach independently and took immediate action by terminating the involved employees, warning affected customers, and enhancing fraud monitoring protections [5]. - The company is establishing a $20 million reward fund for information leading to the arrest and conviction of the criminals responsible for the attack, while refusing to pay the $20 million ransom demand [6]. - Coinbase operates the largest crypto exchange in the U.S. and recently announced an acquisition aimed at expanding its global reach, alongside gaining entry to the S&P 500 stock index [6].