TechCrunch Week in Review: Coinbase gets hacked

Image: Screenshot of Coinbase web user interface. Image courtesy of Coinbase. Article by Karyne Levy. TechCrunch – May 17, 2025.

Welcome back to Week in Review! We’ve got tons of news for you this week, including a hack at Coinbase; YC thinks Google is a ‘monopolist’; layoffs at Microsoft; and much more. Have a great weekend! Uh-oh: Coinbase says that customers’ personal information, including government-issued IDs, was stolen in a data breach. The hackers demanded $20 million from the company, CEO Brian Armstrong said in a post on X. Coinbase said it will not pay the hackers’ ransom. […]

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