Coinbase News

Coinbase to Share USDC Reserve Revenue With Circle

Coinbase receives significant revenue from USDC reserves, including 50% of Circle’s “residual payment base.”SkyBridge Capital founder Anthony Scaramucci frames crypto firms like Coinbase and...

Coinbase’s Base Blockchain Splits From Optimism’s Tech

Base will transition from Optimism's tech to its own in-house codebase, removing Optimism from its security council.The move is a major financial shift, as...

Coinbase Base Ditchs Optimism Stack, OP Token Plunges

Coinbase's Base Blockchain is severing its core partnership with Optimism by no longer using the OP Stack, moving to an in-house system instead.This ends...

Coinbase CEO: Quantum Computing ‘Solvable,’ Won’t Break Crypto

Coinbase CEO Brian Armstrong dismissed fears that quantum computing will destroy blockchain technology, calling it “a very solvable issue.”The exchange has formed a quantum...

Coinbase Considers Main App Self-Custody Rollout

Coinbase CEO Brian Armstrong indicated the company is considering adding a self-custodial onboarding flow to its main consumer app.Armstrong stated the technical integration would...

BlackRock, Coinbase take 18% cut from new Ethereum ETF

BlackRock and Coinbase will split an 18% cut of the staking revenue from the new ETHB Ethereum ETF.The ETF is positioned to become the...

ARK Invest Buys $15M in Coinbase Amid Stock Surge

Ark Invest purchased approximately $15.2 million worth of Coinbase shares across several ETFs on Friday, following a week of trimming its position.The buying activity...

Wall Street Cuts Coinbase Targets After Q4 Results

Coinbase shares rose over 6% in pre-market trading despite multiple Wall Street analysts cutting their price targets after the company's Q4 earnings missed expectations.Analysts...

Latest news

Elliptic Links $286M Drift Protocol Hack to North Korea

Elliptic attributes the $286 million exploit of Drift Protocol to actors linked to North Korea (DPRK), marking the 18th...

Coinbase Wins Trust Charter, Won’t Become A Bank

Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency to establish Coinbase National Trust...

Fake Death of Oldest Tortoise Used in Crypto Scam

Crypto scammers falsely reported the death of Jonathan, a 194-year-old tortoise, in a bid to pump a themed memecoin.Major...