. Coinbase Cyberattack and S&P 500 Inclusion:
- Coinbase reported a cyberattack breaching data of less than 1% of its customers, costing an estimated $180 million to $400 million. Hackers allegedly paid overseas employees for account data.
- Despite the breach, Coinbase is set to join the S&P 500, replacing Discover Financial Services, effective before trading on May 19. Shares jumped 8% in extended trading.