Archives

May 24, 2025 @ 10:34 am By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry service provider focused on vertically integrated Bitcoin mining, is pleased to announce that it has successfully upsized its existing $100 million credit facility to a total commitment of up to $200 million with Coinbase Credit, Inc., a subsidiary… Read More

May 20, 2025 @ 6:52 pm By JD Alois  |  

The US Department of Justice is investigating the recent insider hack of Coinbase (NASDAQ:COIN), according to Bloomberg. Coinbase is said to have brought the breach to the authorities’ attention, but the company itself is not under investigation. Paul Grewal, Coinbase’s Chief Legal Officer, highlighted this fact… Read More

May 16, 2025 @ 5:50 pm By Tony Zerucha  |  

Read below to see how Web3 reacted to this week’s revelation of the Coinbase (NASDAQ:COIN) hack. “The Coinbase attack proves why centralized systems keep failing – they offer no resilience against increasingly sophisticated hackers. Cybercriminals know this and are becoming more and more adept at exploiting these… Read More

May 15, 2025 @ 9:51 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the only publicly traded crypto exchange in the US, is reporting it was the target of a cyber attack that saw criminals attempt to extort $20 million from the firm to make it all go away. According to a blog post, bad actors… Read More

May 13, 2025 @ 3:37 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) will be added to the S&P 500 index, replacing Discover Financial (NYSE:DFS), an established financial services firm. Shares of Coinbase closed up over 24%, rocketing higher by 50 points to top $257 a share—a dramatic increase. While Coinbase is a relatively new addition… Read More

May 13, 2025 @ 7:20 am By Omar Faridi  |  

Coinbase Global Inc. (NASDAQ: COIN) is set to join the S&P 500, replacing Discover Financial Services, effective before trading begins on May 19, 2025. Coinbase replaces old-school financial firm Discover in the index. This move, announced by S&P Dow Jones Indices, underscores the integration of… Read More

May 12, 2025 @ 9:54 am By Tony Zerucha  |  

Wirex, a provider of Web3 banking solutions, has expanded its Wirex Business platform to BASE, a new layer-2 blockchain developed by Coinbase. This new integration with BASE will enable corporate clients to manage treasury functions, issue corporate cards, and handle expenses using stablecoins like USDC and EURC. This… Read More

May 12, 2025 @ 9:09 am By Omar Faridi  |  

Coinbase (NASDAQ: COIN) has recently unveiled a series of updates that underscore its commitment to the mainstream adoption of digital assets. From 24/7 futures trading to launching a Bitcoin yield fund, resolving staking litigation, and forging an esports partnership with Riot Games, Coinbase is focused… Read More

May 9, 2025 @ 11:14 am By Omar Faridi  |  

Digital assets firm Coinbase (NASDAQ: COIN), founded in 2012 by Brian Armstrong, has solidified its position as a leading cryptocurrency exchange in the United States, with operations spanning jurisdictions like the UK and India. Its recent announcement to acquire Deribit, a Dubai-based crypto derivatives platform,… Read More

April 29, 2025 @ 8:02 am By Omar Faridi  |  

Coinbase (NASDAQ: COIN), Fabric Ventures, Animoca Brands and Founders Factory have launched a multi-million pound accelerator in the UK, set to transform the UK’s blockchain and AI ecosystem. This initiative reportedly aims to unlock product market fit and growth for the so-called “next generation” of… Read More

April 25, 2025 @ 9:39 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to “utilize… Read More

April 24, 2025 @ 10:13 am By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), a firm focused on vertically integrated Bitcoin mining, is pleased to announce that it has entered into a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). Under the terms of the credit… Read More

April 24, 2025 @ 8:03 am By Omar Faridi  |  

Charlotte, North Carolina, is solidifying as a hub for financial technology, thanks to a significant investment from Coinbase (NASDAQ:COIN). The company has announced plans to hire over 130 employees in the city, tapping into the region’s rich pool of fintech talent. This move underscores Charlotte’s… Read More

April 22, 2025 @ 12:33 pm By Omar Faridi  |  

Recent Federal Election Commission (FEC) disclosures show that major cryptocurrency companies and their executives poured significant funds into US President Donald Trump’s $239 million inauguration fund after his 2024 election win. Released on April 20 by the Trump-Vance Inaugural Committee, these filings underscore the crypto… Read More

April 22, 2025 @ 6:49 am By Omar Faridi  |  

Coinbase Derivatives, LLC, a subsidiary of Coinbase Global, Inc. (NASDAQ:COIN), has launched XRP and nano XRP futures contracts, marking a significant expansion of its regulated crypto derivatives offerings. This move, approved by the U.S. Commodity Futures Trading Commission (CFTC), aims to provide both institutional and retail… Read More

April 21, 2025 @ 1:50 pm By Omar Faridi  |  

The rise of cryptocurrencies and decentralized finance (DeFi) has reshaped the financial landscape, offering alternatives to traditional finance (TradFi) while introducing unique risks. A report from the Bank for International Settlements (BIS), titled Cryptocurrencies and Decentralized Finance: Functions and Financial Stability Implications, examines these developments,… Read More

April 21, 2025 @ 10:08 am By Omar Faridi  |  

Coinbase has (NASDAQ:COIN) has shared some comments after Oregon’s Attorney General, Dan Rayfield, filed a securities enforcement action against the company. This lawsuit basically revives arguments previously dismissed by the U.S. Securities and Exchange Commission (SEC), marking a contentious return to what Coinbase describes as… Read More

March 22, 2025 @ 5:28 pm By Omar Faridi  |  

As the first quarter of 2025 draws to a close, Coinbase (NASDAQ:COIN), one of the world’s largest digital asset exchanges in terms of trading volume and scope of operations, has recently unveiled a series of strategic developments that underscore its position as a key player… Read More

March 20, 2025 @ 7:54 am By Omar Faridi  |  

Ethereum, the second-largest cryptocurrency network by market cap and the world’s largest smart contract blockchain, is gearing up for its next major milestone: the Pectra upgrade. Scheduled for late March 2025, this update combines the Prague and Electra phases to optimize both the execution and… Read More

March 17, 2025 @ 2:00 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has recently shared updates that signal its evolving role in both the investment and regulatory landscapes. Digital assets firm Coinbase is focused on its mission to democratize finance and bridge traditional systems with the crypto economy. Crypto exchange Coinbase aims to empower builders… Read More