Latest News and Articles about Coinbase
Riot Platforms Boosts Bitcoin Mining with $200M Coinbase Credit Facility
Riot Platforms Expands Bitcoin Mining with $200M Coinbase Credit Facility Riot Platforms, a leading U.S.-based Bitcoin mining company, has upsized its credit facility with Coinbase Credit from $100 million to $200 million, using its Bitcoin holdings as collateral. This strategic move aims to support initiatives such as purchasing new Bitcoin miners and enhancing renewable energy […]
Read MoreUS DOJ Investigates Coinbase After $20M Hack: Bribery and Data Breach Uncovered
US Justice Department Probes Coinbase Over $20 Million Ransom Hack In a shocking turn of events, Coinbase, the largest cryptocurrency exchange in the US, faces a $20 million ransom demand following a sophisticated hack. The U.S. Justice Department is now delving deep into this significant security breach, which was facilitated by bribing overseas Coinbase employees […]
Read MoreCoinbase Hit by Data Breach: Faces Lawsuits, SEC Probe, and $20M Ransom Demand
Coinbase Faces Legal Firestorm Over Data Breaches and Privacy Violations Imagine waking up to find your personal details in the hands of hackers. This nightmare became a reality for thousands of Coinbase users on May 11, 2025, leading to a flurry of legal actions against the exchange. Coinbase, a titan in the U.S. cryptocurrency market, […]
Read MoreCoinbase Sued Over Biometric Data Violations in Illinois: Faces Millions in Penalties
Coinbase Faces Class-Action Lawsuit in Illinois Over Biometric Data Practices Over 10,000 Coinbase users in Illinois are part of a class-action lawsuit that could cost the company millions due to alleged violations of the state’s strict Biometric Information Privacy Act (BIPA). The lawsuit claims that Coinbase has been collecting and storing facial data during its […]
Read MoreRetired Artist Loses $2M in Crypto to Coinbase Impersonators: Security Breach Exposed
Coinbase Impersonators Swindle Retired Artist Out of $2 Million in Crypto Ed Suman, a 67-year-old retired artist, expected his golden years to be a time of peace and creativity. Instead, he became the victim of a cunning scam, losing over $2 million in Bitcoin and Ether to fraudsters impersonating Coinbase support staff. This incident not […]
Read MoreCoinbase Hack Exposes PayPal Mafia’s Roelof Botha, Stock Soars 9%
Coinbase Breach Strikes PayPal Mafia Royalty, Sequoia Capital Boss Coinbase, the largest U.S. cryptocurrency exchange, suffered a security breach that compromised the personal data of high-profile individuals, including Sequoia Capital’s Managing Partner Roelof Botha. The hackers bribed customer service representatives in India to access sensitive information. Despite the breach, Coinbase’s stock price rose 9%, reflecting […]
Read MoreCoinbase CEO Rejects $20M Ransom, Offers Bounty After Data Breach
Coinbase CEO Rejects $20M Ransom, Launches Bounty Following Data Breach On May 15, Coinbase faced a cyberattack where attackers demanded a $20 million Bitcoin ransom after compromising customer data through bribed overseas support agents. CEO Brian Armstrong took a firm stance against the hackers, refusing their demands and instead offering a $20 million bounty for […]
Read MoreCoinbase Data Breach Costs Up to $400M, Shakes Crypto Industry
Coinbase Data Breach: A $400 Million Hit Amid Rising Crypto Cyber Threats Coinbase, a leading cryptocurrency exchange, has been hit with a significant data breach expected to cost the company between $180 million and $400 million. This breach, a stark reminder of the cybersecurity challenges in the crypto world, not only carries financial implications but […]
Read MoreCoinbase Converts $20M Ransom into Bounty After Insider Data Leak
Coinbase Turns $20M Ransom into Bounty After Insider Data Leak In a bold move, Coinbase has transformed a $20 million ransom demand into an equally sizable bounty following a data breach that affected less than 1% of its users. Imagine waking up to find your personal details leaked online, used in a scam targeting your […]
Read MoreCoinbase’s $2.9B Deribit Buy Signals Aggressive Growth Strategy
Coinbase CEO Signals More Deals Ahead Following $2.9B Deribit Acquisition Brian Armstrong, the CEO of Coinbase, has made it clear that the company’s recent $2.9 billion acquisition of Deribit, a leading crypto derivatives exchange, is just the beginning of an aggressive growth strategy. In an interview, Armstrong emphasized Coinbase’s financial strength and its strategic focus […]
Read MoreCoinbase Acquires Deribit for $2.9B, Aiming to Dominate Crypto Derivatives Market
Coinbase’s Bold Move to Acquire Deribit: Shaking Up the Crypto Derivatives Market Coinbase’s proposed acquisition of Deribit for $2.9 billion could significantly enhance its dominance in the crypto derivatives market, offering new opportunities and challenges for users and competitors alike. Coinbase aims to acquire Deribit Enhancement of market dominance in derivatives Regulatory hurdles ahead Market […]
Read MoreCoinbase Q1 2025 Earnings Miss but User Surge Signals Crypto Resilience Amid Regulatory Shifts
Coinbase’s Q1 2025 Earnings Miss, But User Activity Surges Amid Regulatory Shifts Coinbase’s Q1 2025 earnings fell short of Wall Street’s predictions, but the company’s robust user engagement and transaction volumes signal a thriving platform amidst a pivotal regulatory landscape. Coinbase’s Q1 2025 earnings fell short of Wall Street’s predictions. However, user engagement and transaction […]
Read MoreCoinbase Acquires Deribit for $2.9B, Eyes Crypto Options Market Dominance
Coinbase’s $2.9 Billion Acquisition of Deribit: A Game-Changer in the Crypto Options Market Coinbase’s monumental $2.9 billion acquisition of Deribit marks the largest merger in crypto history, signaling a strategic move into the booming crypto options market. Largest merger in crypto history at $2.9 billion Coinbase’s strategic push into crypto options market Surge in venture […]
Read MoreCoinbase Acquires Deribit for $2.9B, Largest Crypto Deal Ever
Breaking: Coinbase Acquires Deribit for $2.9 Billion in Historic Crypto Deal Coinbase, the leading U.S. cryptocurrency exchange, has made a groundbreaking move by acquiring Deribit, a prominent crypto options trading platform, for a staggering $2.9 billion. This acquisition marks the largest transaction in the cryptocurrency industry to date, signaling Coinbase’s bold step into the lucrative […]
Read MoreCoinbase Acquires Deribit for $2.9B: A Game-Changer in Crypto Derivatives
Coinbase Acquires Deribit for $2.9 Billion: Impact on Crypto Derivatives Market Coinbase Global, Inc. has announced a groundbreaking move to acquire Deribit, a leading derivatives exchange, for $2.9 billion. This acquisition, set to close by year-end pending regulatory approval, marks a significant expansion for Coinbase into the lucrative crypto derivatives market. Coinbase acquires Deribit for […]
Read MoreCoinbase CEO Warns of $240B Stablecoin Exodus, Urges U.S. Law Before August
Coinbase CEO Urges Swift Stablecoin Laws Amid $240B Exodus Threat Brian Armstrong, the CEO of Coinbase, has issued a stark warning to U.S. Congress: pass stablecoin legislation before the August recess, or risk losing $240 billion in institutional capital to countries with more favorable crypto regulations. The stablecoin market, valued at $240 billion and dominated […]
Read MoreCoinbase Halts Ethereum Transactions for Pectra Upgrade on May 7, 2025
Coinbase to Pause Ethereum Transactions During Pectra Upgrade Coinbase will temporarily halt Ethereum (ETH) deposits and withdrawals during the blockchain’s upcoming Pectra upgrade on May 7, 2025, from 2:50 AM to 3:45 AM PT, to ensure the safety of user funds. Coinbase pauses ETH transactions during Pectra upgrade. Pectra combines Prague and Electra updates. Enhances […]
Read More$59M Bitcoin Moved from Coinbase: Whales Accumulating or Selling?
Mysterious $59 Million Bitcoin Move from Coinbase: Are Whales Accumulating or Selling? A mysterious $59.3 million Bitcoin transaction from Coinbase has the crypto world buzzing: Are whales gearing up to buy more or cash out? This massive transfer, along with the awakening of wallets from the early days of Bitcoin, paints a complex picture of […]
Read MoreOhio Proposes Cryptocurrencies for State Fees, Aiming to Set National Precedent
Ohio’s Bold Move: Recognizing Cryptocurrencies as Payment for State Fees Ohio is poised to lead the charge in cryptocurrency adoption, proposing to recognize digital currencies as legitimate payment methods for state fees. This initiative, backed by Coinbase’s Chief Legal Officer, Paul Grewal, could mark a significant milestone in integrating cryptocurrencies into mainstream financial systems. Ohio […]
Read MoreCoinbase Launches Bitcoin Yield Fund for Institutions: 4-8% Annual Return
Coinbase’s Bitcoin Yield Fund: A New Era for Institutional Crypto Investment Coinbase Asset Management is set to revolutionize the crypto landscape with the launch of the Coinbase Bitcoin Yield Fund, targeted at non-U.S. institutional investors, on May 1. This fund promises to offer a steady yield of 4% to 8% annually, paid out in Bitcoin, […]
Read MoreCoinbase Fights State Lawsuits Over Staking, Claims $90M in Lost Rewards
Coinbase Battles State Lawsuits Over Staking Program, Claims $90 Million Lost in Rewards Coinbase, the leading cryptocurrency exchange, is pushing back against ongoing lawsuits targeting its staking program, asserting that these legal battles are costing consumers dearly. The company estimates that residents in four states have lost over $90 million in potential staking rewards due […]
Read MoreCoinbase and PayPal Partner to Boost PYUSD Adoption and Explore Crypto Payments
Coinbase and PayPal Join Forces to Boost PYUSD and Explore Crypto Payment Frontiers The global stablecoin market is valued at over $238 billion, and PYUSD is poised to make a significant impact. Coinbase, a leading US-based cryptocurrency exchange, and PayPal have announced a strategic partnership aimed at enhancing the adoption and usability of PayPal’s stablecoin, […]
Read MoreCoinbase Explores U.S. Banking License: Bridging Crypto and Traditional Finance
Coinbase Eyes U.S. Banking License, Signaling a New Era for Crypto and Traditional Finance Coinbase, a leading cryptocurrency exchange, is actively considering applying for a U.S. banking license, reflecting a broader trend among crypto firms to integrate with traditional finance. Coinbase considers U.S. banking license Access to Federal Reserve protections and deposit insurance Similar moves […]
Read MoreOregon Sues Coinbase: 31 Crypto Tokens, Including XRP, Labeled as Securities
Oregon Sues Coinbase, Labels 31 Crypto Tokens as Securities Oregon has filed a lawsuit against Coinbase, alleging the exchange sold 31 unregistered tokens as securities, including XRP, ADA, and LINK. This legal action could have significant implications for the crypto industry. Oregon sues Coinbase over 31 tokens labeled as securities Tokens include XRP, ADA, LINK, […]
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