Crypto exchange Coinbase has launched a new business solution for enterprises looking to offer Web3 wallets to their customers — a move it says will help streamline the adoption of Web3 products and s...
Tag: Coinbase
Intrigue surrounds lawsuit against Coinbase over $96k hack
The crypto community has expressed mixed reactions after a Coinbase client sued the crypto exchange for a $96,000 loss after they faced a SIM-swap hack. Coinbase sued for $96k by a hacked client The c...
Coinbase announces Wallet-as-a-Service product to simplify web3 onboarding
Coinbase introduced a product called Wallet-as-a-Service (WaaS), which allows companies to create fully customizable web3 wallets within their own apps with user onboarding as simple as in web2 applic...
Coinbase Exec Warns of SEC’s Potential Plan to End Staking
Brian Armstrong – the man in charge of Coinbase, arguably the biggest and most popular digital currency exchange in the United States – has warned that the Securities and Exchange Commission (SEC) is ...
U.S. agency moves over 9k BTC to Coinbase: Glassnode
Ad According to on-chain data, the US law enforcement agency moved 49,000 Bitcoin (BTC) — over $1 billion — during the early hours of March 8. On-chain data provider Glassnode reported that the US age...
Cathie Wood’s ARK ignores Silvergate, buys Coinbase stock for 6th straight month
Bitcoin (BTC) exchange Coinbase has remained a firm “buy” for ARK Invest throughout its recent price drop. The latest data shows ARK continuing to buy COIN shares despite bankruptcy concerns over Silv...
Coinbase CEO Faces Backlash From Community Amid ‘Crypto435’ Promotion
Brian Armstrong promoted “Crypto 435” by sharing Coinbase’s tweet. Crypto 435 allows users to become an advocate for crypto. The new campaign aims to change the viewpoint of cryptocurrency across 435 ...
Cathie Wood’s Ark Invest buys more Coinbase and Robinhood
Ark Invest added to its stockpile of shares in exchanges Coinbase and Robinhood yesterday. According to an emailed trade notification, 47,568 shares in Coinbase were added to the flagship Ark In...
40,000 BTC Moved on Coinbase by US Government, What’s Happening?
Arman Shirinyan Move by US government unexpected, yet should not really affect market performance of Bitcoin The U.S. government recently moved around 40,000 Bitcoins, worth more than $2 billion, to C...
US Govt Moves 9,861 Bitcoin Seized from Silk Road to Coinbase
Over the last week, the world’s largest cryptocurrency Bitcoin (BTC) has been under selling pressure. As of press time, Bitcoin is trading 1.59% down at a price of $22,118 and a market cap of $23 bill...
Debate over 2FA using SMS after sim-swapping victim sues Coinbase
The crypto community is debating whether SMS two-factor authentication (2FA) should ever be used for account security following news that a Coinbase customer is suing the cryptocurrency exchange for $...
Coinbase, Ukrainian official discuss crypto use amid the war
On March. 7, Coinbase held a live Twitter space to discuss crypto’s role in Ukraine amid the ongoing invasion by Russia. The Coinbase Twitter Space Over the past year, Ukraine has suffered a severe a...
Coinbase sued for $96k lost in hack by client
Coinbase is facing a civil lawsuit over a client who allegedly lost $96,000, their life savings, in a hack. Coinbase has denied responsibility. After allegedly informing a client who claimed he lost $...
Missing $96,000 is your problem, Coinbase allegedly told account holder who had life savings cleaned out
Coinbase is being sued after allegedly telling a man who said he lost $96,000 on its site to theft that it wasn’t the company’s problem. In a lawsuit filed on Monday in San Francisco federal court, pl...
Coinbase exec claims Layer-2 Network could include AML measures
Base’s upcoming launch is expected to come with AML features Base is an Ethereum layer-2 network that offers users a secure and convenient way to develop decentralised applications Brian Armstrong, CE...
Liquid Collective launches on Coinbase Prime and Bitcoin Suisse
Software development company Alluvial launched Liquid Collective, an enterprise-grade liquid staking protocol, on Coinbase Prime and Bitcoin Suisse. Customers of the institutional crypto platfor...
Stock price of Coinbase collapses
Shares of crypto exchange Coinbase lose nearly 9% on the stock market, recording one of the worst performances among loss-making stocks. DowJones starts the week climbing after a day marked by high vo...
Crypto derivatives on the CME reach new milestones amid regulatory uncertainty
Bitcoin and ether derivatives trading volumes in dollar terms continued to climb higher in February. Futures and options trading volume for bitcoin rose by about 13%, and ether’s volumes ...
Massive SOL Transfers to Coinbase Sparks Investor Frenzy
Solana transfers $61.8 million to Coinbase in rapid succession, possibly orchestrated by a single entity. The large-scale transfers spark speculation about institutional investment and Solana’s prospe...
New Layer-2 Network May Include AML measures, Coinbase CEO Says
Due to this increased watch over the crypto space, many firms have been scrutinized and found non-compliant with specific rules. Coinbase is one of the firms under the radar of financial watchdogs. On...
Coinbase Executive Discovers Potential Clue to Identity of Mysterious Shiba Inu Creator
Coinbase product strategy and business operations director Conor Grogan has discovered an eyebrow-raising name linked to the mysterious creator of the crypto asset Shiba Inu (SHIB). In a series of twe...
Is SBF Shiba Inu The Creator? Coinbase Director Finds Link
Conor Grogan, head of product business operations at Coinbase, has made a sensational discovery, linking the anonymous inventor of Shiba Inu, Ryoshi, to former FTX CEO Sam Bankman-Fried (SBF). In a Tw...
Coinbase declines to issue reimbursement to a hacking victim amid Base AML/KYC concerns – Cryptopolitan
According to a March 7 Bloomberg article, Coinbase declined to take responsibility for a hacking victim or issue a reimbursement. The firm gave its response in a court filing on March 6 in response to...
$61,779,976 in Solana Abruptly Sent to Coinbase in Series of Massive Crypto Transfers
Several huge crypto wallets have simultaneously sent millions of dollars worth of Solana (SOL) to Coinbase in a flurry of transactions. The series of whale transfers was initially detected by blockcha...
Is SBF, Ryoshi? Coinbase Director Draws Links Between Shiba Inu Creator and Alameda
An OpenSea account connected to a wallet linked with Ryoshi shares the same name with SBF’s trading firm Alameda Research. Coinbase Director of Project Strategy & Business Operations Conor Grogan ...
Coinbase Has Been Sued Over Failing to Protect Customers
America’s largest crypto exchange Coinbase is refusing to take responsibility for a security breach that resulted in customer losses. On March 7, Bloomberg reported that Coinbase had refused to accept...
Coinbase Acquires Crypto Asset Manager One River Digital
Crypto exchange Coinbase has purchased One River Digital Asset Management (ORDAM) as the firm aims to improve its services and take advantage of the weak valuations of digital asset firms. Coinbase an...
Coinbase CEO hints its new layer-2 network could include AML measures
Coinbase chief executive Brian Armstrong has hinted that the firm’s new Layer-2 blockchain network Base may be subjected to transaction monitoring and anti-money laundering measures at launch. In an i...
Users warned of fake Coinbase BASE Twitter account
Users of Twitter should be careful of a fake account attempting to pass itself off as Coinbase’s official BASE Layer 2 account. The account has been given a yellow tick by Twitter, which users general...
Coinbase merge with Optimism – Avorak AI best ICO in 2023?
The crypto space is abuzz with news that Coinbase has partnered with Optimism (OP), using it for its Layer-2. This partnership has pushed the blockchain Optimism crypto upwards by more than 15%. On th...