A crypto wallet flagged by blockchain security analysts as the “Coinbase hacker” has splashed $8 million on Solana (SOL), only to take an immediate hit as prices fell. Data from Lookonchain shows the wallet swapped DAI for USDC before bridging funds to Solana on Sunday, where it scooped up 38,126 ...
Coinbase has completed its acquisition of Deribit, the leading global crypto options exchange, in a move that could reshape the structure of digital asset derivatives markets. Deribit, which processed over $1 trillion in trades last year and currently commands around $60 billion in open interest, saw record activity in July ...
A decades-old web standard is finding new life on Ethereum, potentially opening the door to a new era of AI-driven online commerce. The Ethereum Foundation revealed on Wednesday that autonomous AI agents — self-operating programs capable of transacting without human oversight — can now leverage the long-overlooked HTTP 402 “Payment ...
Coinbase will begin charging a 0.1% fee for large-scale conversions of the stablecoin USDC to U.S. dollars, starting August 13. The new fee will apply to net USDC-to-USD conversions exceeding $5 million over a 30-day rolling period, according to a notice posted by the crypto exchange. The decision comes on ...
Coinbase’s Ethereum layer-2 network, Base, experienced a temporary halt in block production on Tuesday, August 5, following a faulty switch to a backup sequencer that was not properly configured to process transactions. The outage, which lasted 33 minutes, raised concerns over the network’s centralized sequencer management system. The disruption began ...
Coinbase’s latest TV advertisement has been banned by UK broadcasters, intensifying debate over Britain’s cautious approach to crypto and its ability to disrupt the traditional financial system. The ad portrayed a leaking ceiling collapsing as a metaphor for the UK’s outdated financial infrastructure, paired with the tagline, “Everything is just ...
Coinbase posted $1.5 billion in revenue for the second quarter of 2025, up 3.3% from the same period last year but down 26% from the previous quarter, as weaker retail trading activity dragged on overall performance. The company’s earnings per share came in at just $0.12, significantly below Wall Street’s ...
A new and highly sophisticated wave of phishing scams is sweeping the crypto sector, zeroing in on Coinbase customers with alarming precision. Unlike older scams relying on obvious misspellings or poorly written emails, this latest campaign leverages stolen personal information and fear tactics—posing a serious threat as scammers grow bolder ...
The CEO of Indian cryptocurrency exchange CoinDCX, Sumit Gupta, has shut down rumours that U.S.-based crypto giant Coinbase is acquiring the firm in a deal worth nearly $1 billion. Gupta took to X on Tuesday to dismiss the claims, calling them baseless. “Ignore the rumours! CoinDCX is super focused on ...
PNC Bank, a major financial institution based in Pittsburgh, has announced a new partnership with Coinbase to offer customers the ability to buy, hold, and sell cryptocurrencies directly through PNC’s platform. Utilizing Coinbase’s Crypto-as-a-Service (CaaS) technology, this collaboration is designed to provide secure and seamless access to digital assets for ...
