Lates News

Benchmark's senior stock research analyst, Palmer, stated in a research report that Coinbase disclosed a major network security vulnerability on Thursday and confirmed that the US Securities and Exchange Commission is investigating its past user metrics. This is in stark contrast to the news earlier this week that the company will be joining the S&P 500 index. Palmer believes that this network attack is more of a one-time event and the SEC investigation is just noise and unlikely to have any substantial impact on any bullish factors for the company's stock.