Coinbase CEO Brian Armstrong says the crypto exchange giant is actively exploring more mergers and acquisitions after its recent $2.9 billion acquisition of crypto derivatives platform Deribit. Speaking on Bloomberg Television on May 14, Armstrong highlighted the company’s financial strength, noting that Coinbase ended Q1 with $9.9 billion in U.S. ...
Brian Armstrong, CEO of leading U.S. crypto exchange Coinbase, has made a bold prediction: cryptocurrencies are on track to become a standard investment option in Americans’ 401(k) retirement plans. Armstrong’s remarks highlight growing momentum for digital assets in mainstream finance, particularly as regulatory clarity improves and institutional adoption rises. Armstrong’s ...
Coinbase is set to officially join the S&P 500 index on May 19, becoming the first cryptocurrency-focused company to secure a spot in the prestigious benchmark. The announcement by S&P Global on May 12 revealed that Coinbase will replace Discover Financial Services, which Capital One is currently acquiring. Following this ...
Coinbase has unveiled its largest acquisition to date, announcing a landmark deal to acquire crypto options platform Deribit to expand its reach in the global derivatives market. The move is set to bring spot, futures, and options trading under one cohesive platform, further streamlining the exchange’s service offerings. Valued at ...
Rumble, the video-sharing platform known for championing creator independence, is taking a bold step into the crypto space with plans to launch its own Bitcoin and stablecoin wallet in the third quarter of 2025. The move directly challenges Coinbase Wallet and other major players in the mobile crypto wallet market. ...
Coinbase’s first-quarter earnings, released on May 8, revealed a 10% dip in total revenue to $2 billion, falling short of industry expectations by 4.1% amid sluggish trading activity and a broader market cooldown. Net income took a major hit, plunging 95% quarter-over-quarter to $66 million, down from $1.29 billion in ...
Crypto detective says social engineering attacks are uniquely plaguing Coinbase, with annual losses now pegged at $330 million. Onchain investigator and well-known security analyst ZachXBT has uncovered an additional $45 million siphoned from Coinbase users in just the past week, spotlighting an escalating wave of social engineering scams that continues ...
Coinbase has unveiled a bold new payments protocol called x402, designed to facilitate instant stablecoin transactions directly over the internet via HTTP, setting the stage for an autonomous, AI-driven digital economy. According to the May 6 announcement, reviving the long-dormant HTTP 402 status code, originally labelled “Payment Required,” the x402 ...
Coinbase CEO Brian Armstrong urges Congress to fast-track legislation on stablecoins and market structure to pass both bills before the August recess. In a recent statement, Armstrong stressed the urgency of leveraging the momentum created by the ongoing FIT21 discussions in the House, believing it could propel both pieces of ...
Movement Labs has suspended its co-founder, Rushi Manche, amid an ongoing investigation into a market manipulation scandal involving one of its former market makers. This announcement came on May 2, 2025, as the company works with Groom Lake, a third-party firm, to thoroughly investigate the incident. The controversy centres on ...
