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TechCrunch Week in Review: Coinbase gets hacked

  • Coinbase experienced a data breach where hackers demanded $20 million for stolen personal information and IDs, which the company refused to pay.
  • Chime filed for an IPO after reaching a deal with the Dallas Mavericks in 2018, displaying the Chime logo on the team's jerseys.
  • InventWood created 'Superwood,' as strong as steel, for structural beams using wood chips, eliminating the need for finishing.
  • Other highlights include Granola raising $43 million, Y Combinator's allegations against Google's monopolistic practices, Apple's accessibility updates, layoffs at Microsoft affecting 6,500 employees, Uber's Route Share shuttle service, and HBO Max's name change back.

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