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

Power and Physical Infrastructure: AI’s Lasting Constraints

Palihapitiya predicts AI competitors will converge across the full stack, intensifying competition between silicon, cloud, and application companiesMicrosoft introduced...

DeFi Development Corp SOL Hoard Rises 12%, CHAD Hits Record.

DeFi Development Corp added 22,070 SOL (~$2.37M) to its treasury last week, bringing its total holdings to roughly 2.59...

EU Council lifts DLT cap to €300B, big CASPs under ESMA

EU finance ministers agreed to raise the DLT Pilot Regime cap to €300 billion ($324 billion), far exceeding the...