Coinbase Discloses December Hack Impacted 69K Users, No Funds Compromised
TL;DR Coinbase confirmed the data theft of 69,461 users after external agents were bribed in December 2024. Hackers demanded $20 million to avoid selling the information
Coinbase (Latest Publications)
Bipartisan Momentum Builds for GENIUS Act, Coinbase Praises Progress
TL;DR The GENIUS Act cleared its first procedural vote in the Senate, with support from 16 Democrats and the entire Republican bloc. Coinbase warned that if
Circle Eyes $5B Valuation as Ripple’s Secret Acquisition Talks Get Exposed
TL;DR Secret Talks Unveiled: Circle is reportedly exploring strategic acquisition options with Ripple and Coinbase, and whispers suggest the company could be valued at around $5
Coinbase Accused of Faking User Metrics—SEC Investigation Deepens
TL;DR Coinbase is under fire for allegedly inflating its “verified users” count by using loose criteria, potentially misleading investors about its true customer base. The SEC
Coinbase Breach Affects Less Than 1% of Users, but Raises Major Questions
TL;DR Coinbase, one of the world’s largest crypto platforms, refused to pay a $20 million ransom after discovering a data breach caused by external support agents.
Coinbase Reveals It Considered Holding 80% of Its Reserves in Bitcoin
TL;DR Coinbase seriously considered investing up to 80% of its balance sheet in Bitcoin, a strategy similar to that of businessman Michael Saylor. Ultimately, the company
Coinbase Revenue Falls Short as Crypto Traders Sit Out Bitcoin Rally
TL;DR Coinbase closed the first quarter of 2025 with a 10% drop in revenue, hit by lower trading activity despite Bitcoin’s rally. The exchange finalized the
Coinbase Acquires Deribit in $2.9B Mega Deal to Dominate Crypto Derivatives
TL;DR Coinbase acquired Deribit for $2.9 billion in the largest deal in the crypto industry to date, combining cash and company stock. The acquisition will boost
Coinbase Launches x402 for Stablecoin Payments via Standard Internet Protocols
TL;DR Coinbase launched x402, a protocol that enables instant stablecoin transfers over HTTP, integrating payments directly into web interactions. The initiative allows AI agents to operate
Delisting Scandal Forces Movement Labs to Suspend Co-Founder Rushi Manche
TL;DR Movement Labs suspended its co-founder, Rushi Manche, while an external investigation looks into his possible involvement in maneuvers with the MOVE token. The scandal broke
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