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 The ad portrayed a leaking ceiling collapsing as a metaphor for the UK’s outdated financial infrastructure, paired with the tagline, “Everything is just ...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 ...
Coinbase has expanded its derivatives offerings by launching perpetual futures trading in the United States, granting eligible users access to high-leverage crypto trades previously unavailable under U.S. regulatory frameworks. On Monday, the leading crypto exchange announced that U.S. customers can now trade perpetual futures via Coinbase Financial Markets accounts. At ...
The amount of Ether (ETH) permanently inaccessible due to user errors and software bugs has now surpassed 913,000 ETH, equivalent to around 0.76% of its circulating supply, according to Conor Grogan, head of product at Coinbase. Grogan revealed the updated figure on Sunday via X, estimating the current market value ...
Coinbase has launched its own “super app” by rebranding the Coinbase Wallet into what it now calls the Base app, combining crypto trading, payments, social media, and messaging under one platform. The announcement was made during Coinbase’s “A New Day One” conference in Los Angeles on July 16, where the ...
In a groundbreaking move, the Czech National Bank (CNB) has officially entered the crypto investment space by purchasing over 51,000 shares of Coinbase Global. The central bank’s stake, which marks its first-ever investment in a crypto-related company, is now valued at more than $20 million. According to a recent Form ...
