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 (Latest Publications)
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
Coinbase Fuels Uniswap’s Upturn, But UNI Investors Are Jumping Ship
TL;DR Uniswap transferred 9 million UNI to Coinbase Prime, accumulating $60.99 million in movements over the past six days. Institutional investors liquidated 515,740 UNI, and the
Institutional Investors Get a New Option: Coinbase Rolls Out Bitcoin Yield Fund
TL;DR Coinbase will launch its “Bitcoin Yield Fund” on May 1, offering institutional investors outside the United States annual net returns between 4% and 8%. The
PayPal and Coinbase Remove PYUSD Fees to Boost Usage
TL;DR PayPal and Coinbase expanded their partnership to remove fees for operating with PYUSD on Coinbase and boost its adoption in regulated markets. The agreement includes
Bitcoin Power Play: Riot Platforms Lands a $100M Credit Line From Coinbase
TL;DR Riot Platforms signed a $100 million credit line with Coinbase Credit, using part of its bitcoin reserves as collateral. The agreement allows the mining company
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
