Resolution Criteria: The market resolves “Yes” if Coinbase, one of the largest cryptocurrency exchanges, experiences a major hack in 2025 that meets the following criteria: • Definition of a Major Hack: 1. Loss of $50 million USD or more in customer or company funds, OR 2. Unauthorized access to sensitive user information affecting 10,000 or more accounts, OR 3. A significant disruption of Coinbase’s core operations for 48 hours or more. • Confirmation Sources: The event must be reported by two or more credible news outlets or directly confirmed by Coinbase. If no such event occurs during 2025, the market resolves “No.” Resolution Date & Time: December 31, 2025, at 23:59 PST, or earlier if a qualifying event is confirmed before this date.