Coinbase News

Coinbase Posts Surprise Q2 Loss as Crypto Trading Revenue Drops

Coinbase reported a surprise net loss of $359 million in Q2, with revenue falling 14% from the prior quarter.The New York Attorney General filed...

Coinbase Q2 Revenue Misses Estimates, Shares Drop 5%

Coinbase reported $1.22 billion in Q2 revenue, missing the $1.29 billion estimate, and posted a $359 million net loss.Transaction revenue declined to $599 million,...

Coinbase CEO: AI Makes Crypto More Important, Not Less

Coinbase CEO Brian Armstrong argues that crypto and AI are complementary, not competing, technologies.Armstrong believes AI's rise makes crypto more important by creating demand...

Coinbase’s ‘Everything Exchange’ Coming to Canada

Coinbase Canada CEO Eric Richmond confirmed the company is building its "Everything Exchange" for Canadian users, merging crypto, stocks, ETFs, and prediction markets into...

Coinbase CLO Paul Grewal steps down, names successors

Coinbase Chief Legal Officer Paul Grewal will step down on July 31 and move to an advisory role.Legal vice presidents Molly Abraham and Ryan...

Coinbase Launches AI Pre-IPO Futures for OpenAI & Anthropic

Coinbase has launched pre-IPO perpetual futures for AI giants OpenAI and Anthropic, expanding its crypto derivatives offerings.The contracts, which began full trading on June...

Coinbase denies doxxing customer in Bitcoin-backed mortgage case

Coinbase and partner Better Home & Finance unveiled their first crypto-backed mortgage for a home purchase in mid-June.The company digitally altered a photo of...

Coinbase bets on AI, expands beyond crypto trading

Coinbase launched three major AI products and broader financial tools, positioning itself as "the financial account for the intelligence age."CEO Brian Armstrong envisions an...

Latest news

Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train...

Bank of Italy study finds stablecoins no cheaper or faster than traditional remittances

Bank of Italy researchers found stablecoin remittances offered no systematic cost or speed advantage over traditional channels due to...

Chinese hackers target Central Asian governments with new backdoors

A Chinese-speaking threat actor has targeted government organizations in Central Asia and Syria since January 2025, using two new...