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 ...
According to a statement released today by the crypto exchange, a small group of external attackers managed to gain unauthorized access to internal systems by colluding with third-party support agents. The breach enabled them to extract limited user account data from a small portion of the platform's customer base. ...
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 ...
