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Flash News List

List of Flash News about user reimbursement

Time Details
2025-05-15
18:06
Coinbase Responds to Security Incident with $20M Bounty and User Reimbursement: Impact on Crypto Market Security

According to @smtgpt on Twitter, Coinbase and CEO Brian Armstrong have demonstrated strong crisis management by quickly reimbursing users affected by a recent security incident and launching a $20 million bounty program to enhance platform security (source: @smtgpt, May 15, 2025). This proactive transparency and decisive action set a high industry standard, likely increasing trader confidence in centralized exchanges and potentially supporting upward momentum for major cryptocurrencies as user trust is reinforced.

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