Sequoia Partner Caught in Coinbase Data Breach, More VCs May Be Affected

A firm companies of most silicon Valley is reported in the fall of The recent of recent coinbase datalifting concerns that other high-profile investors can also be at risk.

According to May 16 Report by BloombergRoello Bo, Partnership to eat in sequoia’s mail, it was between victims that the information has been compromised.

The violation, which coinbase users intended through a social engineering campaign, relied on a bribe’s scheme involving the service of the service contracted by the exchange.

Botha run assets in the value of hundreds of millions

While Buha’s Personals remain undiscatles, is believed to handle the axis worth hundreds of millions.

The Coinbase confirmed in a 3th blog’s 3 May claims that Cybercriminals have earned access to the customer data exploiting internal support systems by exploding internal support systems.

Attacks said referred to $ 20 million ransom, which coinbase refused. The full scope of violation remains clair.

The security squads in Kraken and Binange are also investigates similar intruders, Bloomberg, also that is not the public exchange

Philip martin, officer’s officer of the Coinbase, performed that the compromised substitution staff were based on India and since it was completed.

The company has filed a disclosure of US titles and the exchange commission, establish remediation costs between $ 180 million and 400 million $ 400.

Breach has hit the stock of coinbase, with actions (currency) by dropping more than 7% to $ 24.4 before recovering slightly $ 264.24.

Coinbase suffered a massive data violation. But no, its systems don’t hack.

Humans have done.

We still unpaved as a Soccerhery Social, and Kyc’s Failures of Munes in risk, and because this follow up through crypto.

w / @Race, @jameswester and it @Leishman. I am … pic.twitter.com/rmd7pgeng

– LAURE shin (@Laurashin) May 16, 2025

Meanwhile, CEO BRIANBRONM CEOBASE was seen in Washington, DC, hire of the two-pieces of key Legislation – one on the digital market market

The violation comes in a critical moment for reguladory prospects of the industry crypto and could influence the legislative feeling as the bills move towards a vote.

COINBASE Q1 APPLIC CLIMBS, but the profit falls 94%

Coinbase Reported First First of FirstWith the reinstantized raised 24% per year to $ 2 billion, but falls on the analyst and 10% scarce expectations from the previous quarter.

While transaction transaction has become $ 1.26 billion stage and their divisions and services of life review

In spite of the income uptick, net income has arranged 94% to 66 million as the company marked their Crypto Holdings Amid Volatility.

The adjusted earnings were at $ 526 million, or $ 1,94. Experienced year. The operate expenditures areas 51% to $ 1,3 billion because of aggressive marketing and assets.

Coinbase gain were stepped by the conditions and fluctuations in the digital asset prices.

However, the company helped their second user-user utterance, with CFO ALIA Lesa Haas highlight the increased relationship in the middle of non-traded services.

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