Coinbase News

Coinbase Data Breach Exposes 70,000 Users’ Info, $20M Ransom Demanded

Coinbase disclosed a breach affecting nearly 70,000 user accounts. The incident occurred on December 26, 2024, due to support staff being bribed. Attackers demanded a $20...

Coinbase Eyes $5B Acquisition of Circle Amid IPO, Ripple Bids

Coinbase is reportedly considering acquiring Circle, the issuer of the USDC stablecoin, for $5 billion. Earlier, Ripple made a $4–$5 billion bid for Circle that...

Coinbase Battles $20M Bitcoin Blackmail After Customer Data Hack

Hackers stole customer data from Coinbase and demanded $20 million in Bitcoin for its return. Coinbase is working with U.S. law enforcement, including the Department...

Coinbase Faces $400M Payout After Data Breach, Phishing Attacks

Coinbase expects to pay between $180 million and $400 million to customers following a large data breach.The breach exposed customer information, leading to successful...

Coinbase Mocked Online for Adding Four-Hour Candle to Charts

Coinbase added a four-hour trading candle to its advanced trading platform, drawing widespread criticism online. Social media users mocked the update, citing the delay in...

Coinbase Eyes More Acquisitions After $2.9B Deribit Purchase

Coinbase plans further mergers and acquisitions after its recent purchase of crypto derivatives platform Deribit for $2.9 billion. The company's strengthened balance sheet, with $9.9...

Coinbase to Acquire Deribit for $2.9B, Aiming for Derivatives Lead

Coinbase announces acquisition of crypto options leader Deribit for $2.9 billion. Deal includes $700 million in cash and the remainder in stock, aiming to strengthen...

Coinbase Launches x402 Protocol for Seamless Web Crypto Payments

Coinbase launches x402, a protocol enabling crypto payments online without registration or complex processes.x402 uses the HTTP 402 payment code, allowing both humans and...

Latest news

BitMEX Analyst: Bond Yield Surge Fuels Bitcoin Supercycle

A Bitmex analyst argues surging sovereign bond yields will force a "structural" shift, creating a long-term Bitcoin bull market.High...

U.S. Lawmakers Push “Fort Knox” Bitcoin Reserve Plan

The ARMA Act proposes creating a U.S. Strategic Bitcoin Reserve, backed by 5% of the global supply and funded...

The Secret Behind Shiba Inu’s Meteoric 2021 Rise

Shiba Inu's 2021 rally was fueled by a massive token burn by Ethereum co-founder Vitalik Buterin, creating a major...