Coinbase Faces Multiple Lawsuits Following User Data Breach
Coinbase is under mounting legal pressure after revealing a recent breach that compromised customer information, with numerous users claiming the company mishandled both the breach and its aftermath. Between May 15 and May 16, at least six separate lawsuits were filed against the crypto platform. The suits accuse Coinbase of failing to uphold adequate cybersecurity […]
Metaplanet Acquires Over 1,000 Bitcoin in Its Second-Largest Purchase to Date
Japanese investment powerhouse Metaplanet has expanded its Bitcoin reserves with one of its biggest acquisitions yet, securing 1,004 BTC as the cryptocurrency approaches its all-time high—just 3% shy. Announced on May 19, the firm revealed it spent roughly 15.2 billion yen (around $104.6 million) to make the purchase, boosting its total Bitcoin holdings to approximately […]
Strategy Buys 7,390 BTC for $765M While Facing Legal Action
Strategy, the company formerly known as MicroStrategy and the leading corporate holder of Bitcoin, made headlines again after acquiring another large batch of the digital asset—just as a class-action lawsuit emerged against the firm. On May 19, Strategy revealed it had purchased 7,390 BTC for approximately $764.9 million, paying an average of just under $103,500 […]