In one of the largest crypto asset recoveries in U.S. law enforcement history, Coinbase has played a pivotal role in helping the U.S. Secret Service trace and reclaim $225 million in Tether (USDT) linked to widespread "pig butchering" scams. According to a June 24 announcement by the crypto exchange, Coinbase ...
Shopify is set to roll out stablecoin payment support for USD Coin (USDC) later this month, marking its most significant step into crypto integration to date. As first reported by Fortune on June 12, the e-commerce giant will enable select U.S. merchants to accept USDC—Circle’s dollar-pegged stablecoin—shortly after Circle’s recent ...
Interest in stablecoins among Fortune 500 companies has more than tripled over the past year, according to Coinbase’s latest State of Crypto report. Nearly 29% of 100 executives from the largest US firms said their companies are either planning to use or are interested in stablecoins, up from just 8% ...
Coinbase CEO Brian Armstrong declared Bitcoin a better form of money than gold on June 8, 2025, as reported by Watcher.Guru on X emphasizing Bitcoin's superior monetary qualities. Coinbase recently announced an 82% reduction in unnecessary account lockouts—a move aimed at regaining the trust of traders frustrated by years of ...
Coinbase is making a significant push into Charlotte’s growing fintech sector, securing 58,600 square feet of office space at 110 East, South End’s flagship Class A+ office tower. The crypto exchange will occupy the 18th and 19th floors as it establishes a new “Center of Excellence” in the city. This ...
A major data breach at Coinbase has been linked to a January incident involving an employee of TaskUs, a U.S.-based outsourcing company with operations in India—months before the crypto exchange publicly acknowledged the security lapse. According to a Reuters report, the breach originated when a female employee at TaskUs was ...
U.S. crypto exchange Coinbase is strengthening its footprint in Canada through newly announced multi-year sponsorship deals with Toronto FC and the Toronto Argonauts. The strategic move is aimed at tapping into the country’s expanding base of crypto investors and sports fans, as the company simultaneously works to restore trust in ...
The U.S. Department of Justice (DOJ) has launched an investigation into a data breach at Coinbase involving contracted customer service agents based in India, who allegedly accepted bribes to grant unauthorized access to sensitive user data. Bloomberg reported on May 19 that DOJ investigators are working alongside other U.S. and ...
Circle, the company behind the USDC stablecoin, remains committed to going public but is also reportedly in informal acquisition talks with Ripple and Coinbase, according to a report from Fortune. The potential sale, however, hinges on a hefty valuation—at least $5 billion—matching Circle’s IPO target. Ripple is said to have ...
Coinbase shares took a sharp hit in after-hours trading, sliding 7% to $244, following a one-two punch of troubling revelations: a cyberattack targeting customer data and a revived SEC investigation into its 2021 user metrics. Google Finance data showing Coinbase metrics. Source: Google Finance The New York Times first broke ...
