Coinbase’s week was marked by a $400 million cyber breach due to insider collusion, leading to a SEC investigation into its user numbers. CEO Brian Armstrong emphasized that only 1% of users were affected. Despite this, Coinbase’s stock rose 18% after its S&P 500 addition.
Galaxy Digital and eToro recently joined Nasdaq under GLXY and ETOR tickers, respectively. Galaxy Digital’s leader, Mike Novogratz, criticized the U.S. Redomiciling process, while eToro faced a successful IPO journey, closing its round with a 10x oversubscription.
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