Coinbase

Bitcoin's Coinbase Premium Reaches 39-Day Peak as Price Surges Past $63,000

Bitcoin's Coinbase Premium Index reached a 39-day high as US investor demand surged following signals from the Federal Reserve about potential interest rate cuts.

Crypto Whale Accumulates WBTC Amid Growing Ownership Controversy

An unknown crypto whale has been rapidly accumulating Wrapped Bitcoin (WBTC), now holding 1,953 WBTC worth $118 million, amid ongoing controversy surrounding the token’s ownership and recent developments involving BitGo, MakerDAO, Aave, and Coinbase's potential new wrapped Bitcoin product.

U.S. Government Transfers $590M in Silk Road Bitcoin to Coinbase, Unlikely to Trigger Sell-Off: Analysts

The U.S. government transferred nearly $590 million in Bitcoin to Coinbase, but analysts believe it is unlikely to result in significant selling pressure, suggesting the assets may be intended for safekeeping rather than active trading.

Crypto Market Update: Key Developments on August 14, 2024

Today's crypto market saw significant activity, with key moves and announcements making waves across the community.

Crypto Industry Voices Concerns Over CFTC's Proposed Prediction Market Regulations

Dragonfly Digital Management and Crypto.com have joined Coinbase in criticizing the Commodities Futures Trading Commission's (CFTC) proposed rules on prediction markets.

IRS Releases Updated Draft of Crypto Tax Reporting Form 1099-DA

The U.S. Internal Revenue Service (IRS) has published a revised version of the tax form crypto brokers and investors will use to report proceeds from certain transactions starting in 2026.

Gemini and Coinbase Challenge CFTC's Proposed Ban on Prediction Markets

Gemini, a prominent cryptocurrency exchange, has recently voiced strong opposition to a proposed regulation by the U.S.

OKX Withdraws Hong Kong License Application, Coinbase Loses Dogecoin Sweepstakes Dispute

Crypto exchange OKX withdrew its Hong Kong license application, while Coinbase lost a Supreme Court arbitration dispute over its 2021 Dogecoin sweepstakes

Coinbase argues SEC is evading key issues in staking program dispute

Coinbase has intensified its legal battle against the US Securities and Exchange Commission (SEC), asserting that the regulatory body is attempting to bypass the established Howey test. 

Coinbase resumes XRP services in New York after a three-year hiatus

Coinbase has announced the resumption of XRP trading for New York residents. This will allow NYC-based users to finally buy and sell the Ripple blockchain's native token on Coinbase following three years of suspension.

Crypto firms unite to combat digital fraud across industries

Crypto exchanges like Coinbase and Kraken have joined forces with tech firms to tackle online fraud. This coalition, named "Tech Against Scams," aims to curb fraudulent activities, particularly those involving digital assets.

Coinbase vs Gemini: Finding Your Ideal Crypto Exchange

This article provides a head-to-head comparison to inform your choice, directly tackling the ‘coinbase vs gemini’ debate without overwhelming you with technical jargon.

Kraken vs Coinbase: Navigating Best Cryptocurrency Exchange

This article cuts to the chase, comparing costs, security, and cryptocurrency variety to succinctly answer which exchange may be the right one for your trading path.

Coinbase vs Robinhood: A Detailed Showdown

If you’re weighing the options between Coinbase and Robinhood for your trading ventures, you’ve come to the right place.

Coinbase vs OKX Showdown: Top Crypto Exchange in 2024

In the ‘coinbase vs okx’ matchup, crypto traders seek the decisive details that set these platforms apart.

Coinbase vs Nexo: Top Crypto Platform Market in 2024

This article provides a clear, direct comparison of “Coinbase vs Nexo” to help you easily discern which platform aligns with your cryptocurrency needs.

Bitpanda vs Coinbase: Your Ultimate Guide in 2024

When considering ‘Bitpanda vs Coinbase’, the question isn’t just about picking a crypto exchange; it’s about choosing the right partner for your investment journey.

Coinbase vs Binance: Top Crypto Exchanges for Traders

This coinbase vs binance comparison breaks down fees, security, trading features, and crypto availability to determine the best exchange for your needs.

Coinbase vs Revolut: Fees, Features, and Security in 2024

Looking at Coinbase vs Revolut, you may wonder which offers better value for your crypto transactions.

Coinbase vs Cash App: Your Ultimate Guide in 2024

Understand how fees, user experience, cryptocurrency offerings, and reliability stack up in this clear-cut “Coinbase vs Cash App” comparison.

SEC denies Coinbase's plea for clarity on crypto regulation

In its latest filing, the Securities and Exchange Commission rejected Coinbase's plea to seek clarity regarding the application of traditional securities regulations to the crypto domain.

BlockFi closes web platform and partners with Coinbase to allow withdrawals

Defunct crypto lender BlockFi has decided to shut down its web platform and has nominated Coinbase as its distribution partner.

Coinbase reports $1.64B revenue for Q1 2024

Coinbase has reported a staggering surge in revenue for the first quarter of 2024, surpassing all expectations in its Q1 earnings.

Coinbase adds support for Bitcoin Lightning network

Coinbase has announced the rollout of Lightning Network support in collaboration with Lightspark, offering users a faster and cheaper way to transact with Bitcoin directly from their accounts.

Uniswap responds to SEC’s Wells notice

Uniswap revealed that the SEC issued a Wells notice to the firm, citing that the regulatory body warns of potential enforcement action against the crypto exchange.

Coinbase secures Restricted Dealer authorization in Canada

Coinbase has received a Restricted Dealer license from the Canadian Securities Administrators (CSA), making it the first international exchange to register with the Canadian authorities.

Coinbase to transfer clients’ USDC holdings to Base

Coinbase revealed that it will start storing customer and corporate USD Coin assets on its layer-two network, Base.

Coinbase Review 2024: Pros, Cons and How it Compares

Our comprehensive Coinbase review critically examines the platform’s fees, security measures, trading tools, and customer support to help you make an informed decision.

Coinbase Card Review 2024: Pros, Cons and How it Compares

Our coinbase card review cuts through the hype to assess fees, rewards, and global usability. Discover if this crypto debit card fits your spending habits and can compete with other market offerings without the fluff.

Gemini Alternatives: Unveiling the Top 8 in 2024

Are you searching for Gemini alternatives that better align with your 2024 cryptocurrency trading goals?

Coinbase Alternatives: Top 8 Choices in 2024

If you’re searching for Coinbase alternatives, you may be after lower fees or different trading options.

Coinbase seeks to acquire unnamed MiFID-licensed entity in Cyprus

Coinbase revealed that it is in the process of taking over a MiFID-licensed entity in Cyprus to increase its derivatives offerings in the EU.

LidoDAO deploys Wrapped Staked Ether on Base protocol

LidoDAO, the governing body of liquid staking platform Lido Finance, has added its Wrapped Staked Ether token to the Base network.

Coinbase launches futures trading services for US retail traders

Coinbase has expanded its Bitcoin and Ether futures offerings to US-based retail crypto traders.

Coinbase acquires Major Payment Institution license in Singapore

Coinbase has acquired a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), bringing it one step closer to expanding its presence in Southeast Asia.

Coinbase eyes expansion to nations with clear crypto rules

Coinbase announced its plans to acquire licenses in the EU, UK, Canada, and other nations as the crypto exchange enters the second phase of international expansion. 

Coinbase to deploy new lending platform for US institutional investors

Weeks after shutting down its Borrow program, Coinbase has decided to launch a new lending platform for US-based institutional clients.

Base to add native support for stablecoin USDC

Stablecoin issuer Circle announced its plans to launch USD Coin on Base, Coinbase’s layer-2 network.

1inch expands to Coinbase’s layer-2 network, Base

1inch has finished integrating with Base, Coinbase’s newly-launched layer-2 Ethereum scaling solution.

Coinbase secures regulatory approval to list crypto futures in the US

The National Futures Association (NFA) has permitted Coinbase to operate a Futures Commission Merchant (FCM).

Coinbase releases crypto trading services for Canadian users

Coinbase has officially entered the Canadian market after integrating Interac payment rails into its platform.

Coinbase to release Base for general users on August 9

Crypto exchange Coinbase will launch its layer-2 network, Base, for general users on August 9. 

SEC reportedly ordered Coinbase to delist all coins except Bitcoin

Coinbase CEO Brian Armstrong claimed that before suing the exchange in June, the SEC had asked Coinbase to halt trading services for all cryptocurrencies except Bitcoin.

Coinbase to shut down Borrow program over the coming months

Coinbase announced its plans to gradually wind down its Borrow program and requested clients to repay all outstanding loans by November 20.

Coinbase claims SEC has no authority over the exchange’s crypto tokens

Coinbase slammed the SEC’s lawsuit by claiming that the regulatory agency holds no jurisdiction over the cryptocurrencies on its exchange.

Brian Armstrong plans to turn Coinbase into a super app

Coinbase CEO Brian Armstrong unveiled his vision for transforming the exchange into a global super app at the State of Crypto Summit.

SEC sues Coinbase for offering unregistered securities

Less than a day after suing Binance, the SEC cracked down on Coinbase for selling unregistered securities to US clients.

Coinbase to list Bitcoin and Ether futures on its derivatives exchange

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin and Ether futures for institutional clients on June 5.

Coinbase reacts as SEC requests court to dismiss rulemaking petition

Coinbase's Chief Legal Officer Paul Grewal voiced his concerns over the SEC’s regulation on the crypto industry after the agency claimed it will continue to use enforcement as a substitute for lawmaking.

Coinbase establishes international crypto derivatives trading platform

Coinbase launched an overseas derivatives exchange in Bermuda after securing a Class F license from Bermuda Monetary Authority.

Coinbase requests court to compel SEC to provide regulatory clarity

Coinbase asked the US Court of Appeals for the Third Circuit to urge the SEC to respond to its rulemaking petition weeks after receiving a Wells notice from the regulatory agency.

Coinbase may move out of the US if crypto regulations remain unclear

In a recent discussion during Fintech Week, Coinbase CEO Brian Armstrong claimed that the firm may relocate out of the US if the authorities do not provide clarity on crypto regulations.

Coinbase responds to SEC’s Wells notice

Coinbase's CEO and CLO responded to the SEC's threats of potential enforcement action against the exchange for alleged violation of the securities law.

Coinbase sends petition on staking to SEC

Coinbase submitted an 18-page long staking petition to the SEC following the regulatory agency’s recent settlement with Kraken over its staking services.

Coinbase to cease support for Signet

Coinbase announced its plans to drop support for Signet, the digital payments platform of the failed Signature Bank.

Coinbase considers launching an overseas trading platform

Coinbase may launch a new trading platform outside the US following recent crackdowns on crypto firms by US regulators.

FTX wallets transfer $145M in stablecoins to crypto exchanges

Three crypto wallets belonging to FTX and Alameda Research have transferred $145M worth of Tether and USD Coin tokens to crypto exchanges.

Binance and Coinbase halt USDC conversions

Crypto exchanges Binance and Coinbase have paused USDC conversions as the stablecoin fails to regain its USD peg.

Coinbase buys One River Digital Asset Management to expand business

Coinbase has acquired hedge fund manager One River Digital Asset Management (ORDAM) to expand business following a decline in annual transaction volume.

Coinbase Launches Crypto 435 to Shape US Crypto Laws

Coinbase launched a crypto advocacy initiative Dubbed the Crypto 435 campaign to help shape crypto laws in the US.

Coinbase to suspend BUSD trading

Coinbase will remove support for trading Binance USD on March 13. The exchange claimed that BUSD no longer meets its listing standards.

Coinbase launches layer-two network called Base

Coinbase has announced its Layer 2 network, Base. The network, built on Optimism’s OP Stack, offers secure, low-cost, and developer-friendly ways to build dApps.

Coinbase adds support for Euro Coin on Ethereum Network

Coinbase will add support for Euro Coin on ERC-20 token, and trading in supported regions starts on or after 9 AM PT on February 27. Also, support for EUROC will be added using the Experimental asset label.

Coinbase affirms its still in strong regulatory position

Coinbase still maintains a strong regulatory position despite the US's disjointed approach. Also, the exchange shared its Q4 and FY’22 report with its shareholders, giving a breakdown of everything happening in the company.

Coinbase’s Q4 2022 net revenue surpasses expectations

Coinbase’s total earnings for the fourth quarter of 2022 were higher than analysts’ expectations despite a 12% decline in quarterly transaction revenue.

Blockchain.com debunks rumors of selling businesses

Blockchain.com denied reports about the firm attempting to raise capital by selling its subsidiaries.

Coinbase and Anchorage accept SEC’s custody proposal

Coinbase and Anchorage Digital have accepted the SEC’s new proposal concerning safeguarding clients' assets. In addition, the crypto platforms were recognized as qualified custodians following the proposal's release.

Coinbase Says Its Staking Services Are Not Securities

Coinbase has stated its staking services are not securities. This is because staking does not fall under the US Securities Act and does not pass the four elements of the Howey test.

Coinbase Charged $3.6M By Dutch Regulator For Operating Without Registration

Coinbase is facing a $3.6 million fine for operating in the Netherlands without registration with DNB. The Dutch regulator increased the base fee due to the severity and degree of culpability of the non-compliance.

Coinbase To Suspend Operations In Japan

Coinbase announced its plans to halt operations in Japan after reducing its workforce by 20% last week.

Coinbase Aims To Reduce Operational Costs By Laying Off 20% Of Its Workforce

Coinbase announced its plans to cut 20% of its jobs and close down projects that have a low probability of success to survive the bearish crypto market.

Coinbase Reaches $100M Settlement With NYDFS Over Shortcomings In Compliance Program

Coinbase has agreed to pay a $50M penalty to New York regulators. The exchange will invest another $50M in its compliance program over the next two years.

7 Best Bitcoin Wallets

There's a famous saying: "Not your keys, not your coins." That means you are not really in control of your crypto assets if you don't store them in your personal wallet. Even if you keep them with a centralized exchange, you may still be locked out of your coins if the exchange suffers bankruptcy, hack, or any other calamity.

Coinbase CEO Proposes Guidelines For Regulation Of Crypto Industry

Brian Armstrong outlined a blueprint for regulating centralized actors and stablecoin issuers in the wake of FTX’s collapse.

Coinbase Launches Self-Service Asset Recovery Tool For Unsupported ERC-20 Tokens

Coinbase has introduced a new self-service asset recovery tool for unsupported ERC-20 tokens. This will enable the recovery of funds mistakenly sent to a Coinbase address.

Coinbase Reports 66% Increase In Law Enforcement Requests Since Last Year

In its latest transparency report, Coinbase reported a significant increase in law enforcement requests between October 2021 and September 2022.

Coinbase Encourages Users To Switch To USDC By Waiving USDT To USDC Conversion Fees

Coinbase asked clients to switch to USDC by introducing zero-fee Tether (USDT) to USD Coin (USDC) conversion.

Coinbase CEO Expects Revenue To Decline By 50% In 2022

Brian Armstrong said Coinbase's annual revenue in 2022 may drop by over 50% due to bearish market trends coupled with the collapse of FTX.

Kraken Slashes 30% Of Its Workforce To Survive Crypto Winter

Kraken laid off 30% of its global workforce (around 1,100 employees) to brave the crypto winter.

US Senator Requests Major Crypto Exchanges To Disclose Consumer Protection Safeguards

Ron Wyden, the Chairman of the Senate Finance Committee, sent letters to the CEOs of six crypto exchanges asking them to reveal the measures they use to protect clients' funds.

Coinbase Wallet To Drop Support For Ripple, Ethereum Classic, Bitcoin Cash, And Stellar Due To “Low Usage”

Coinbase Wallet announced its plans to cease support for Ripple (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), and Stellar (XLM) starting December 5.

Bitcoin Assets Worth $1.65B Withdrawn From Coinbase In 2 Days

Coinbase recorded the third-highest volume of Bitcoin withdrawals as 100K BTC tokens were pulled out of the exchange in the last 48 hours.

Binance Surpasses Coinbase In Holding The Largest Bitcoin Exchange Reserves

CryptoQuant's report revealed that Binance’s Bitcoin reserves have hit the 575K mark, thus making it the exchange with the largest BTC holdings.

Coinbase CEO Disagrees With MAS’ Stance On Retail Access To Crypto Assets

Brian Armstrong voiced his concerns on the crypto onboarding process proposed by the Monetary Authority of Singapore (MAS).

Ankr Adds Liquid Staking Services For Coinbase Wallet Users

Ankr has integrated liquid staking facilities for users of Coinbase Wallet.

Crypto Staking Industry’s Market Capitalization Hits Nearly $100B

The market cap of the crypto staking industry currently hinges at the $95.5B mark, up by 13.8% over the last week.

Wealthsimple Launches Staking Services For Ethereum And Solana

Wealthsimple added support for staking Ethereum and Solana assets.

SEC Chairman Warns About Centralization In The Crypto Market

In his recent speech, Gary Gensler, the SEC Chairman, revealed his opinions on the increasing centralization in the crypto ecosystem.

Coinbase Adds Zero-Commission USDC Trading Outside The US

Coinbase implemented a commission-free USDC trading service for non-USD currencies to encourage wider adoption of USDC.

Coinbase CEO To Sell 2% Of His Company Stake

Brian Armstrong, CEO of Coinbase, revealed his plans to sell 2% of his company holdings over the next year.

Lido’s Co-Founder Considers Coinbase Its Main Staking Competitor

Vasiliy Shapovalov, Lido’s Co-Founder, claimed Coinbase and other "centralized exchanges" are threats to the firm at Ethereum Foundation’s Devcon 2022 event.

Google Teams Up With Coinbase To Enable Cloud Service Payments Using Crypto

During Google's Cloud Next conference, the tech giant announced its partnership with Coinbase to allow certain clients to pay for cloud services using crypto.

Santiment Reveals 46.15% Of Ethereum’s PoS Nodes Are Controlled By Two Addresses

Data from Santiment disclosed only two addresses contributed to over 45% of Ethereum’s PoS nodes, giving rise to concerns of centralization.

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Coinbase Users In Georgia Exploit Price Bug To Net 100x Profit

A decimal point error in Coinbase’s exchange allowed users to cash out their Lari (GEL) assets for a hundred times the market price. 

PayPal Joins Coinbase-Led Compliance Solution “TRUST”

Earlier today, Coinbase announced its acceptance of PayPal into "TRUST," marking another milestone in the solution's journey.

Blockchain Investigator Claims Ronin Bridge Hackers Moved $625M To Bitcoin Network

The perpetrators behind one of the largest crypto hacks allegedly used Tornado Cash as one of the several means to conceal the transactions and transfer the $625M worth of USDC and Ethereum tokens to the Bitcoin network.

Coinbase CEO Says Exchange Will Rather Disable Staking Than Allow On-Chain Censorship

Following the Tornado Cash ban, Coinbase may shut down its staking services than open itself up to protocol-level censorship.

Eqonex Shuts Down Crypto Exchange Over Unprofitable Low Fees Competition

Eqonex stated it would focus more on its asset management and custodial services, leaving the crypto exchange in the rearview.

Email Update Pause In The Bear Market Could Bring Troubles For Coinbase

Coinbase could be facing more legal sanctions if users sue the company for suspending email updates during the market downturn.

Latest News

Coinbase CEO Expects Revenue To Decline By 50% In 2022

Brian Armstrong said Coinbase's annual revenue in 2022 may drop by over 50% due to bearish market trends coupled with the collapse of FTX.

Kraken Slashes 30% Of Its Workforce To Survive Crypto Winter

Kraken laid off 30% of its global workforce (around 1,100 employees) to brave the crypto winter.

US Senator Requests Major Crypto Exchanges To Disclose Consumer Protection Safeguards

Ron Wyden, the Chairman of the Senate Finance Committee, sent letters to the CEOs of six crypto exchanges asking them to reveal the measures they use to protect clients' funds.

Coinbase Wallet To Drop Support For Ripple, Ethereum Classic, Bitcoin Cash, And Stellar Due To “Low Usage”

Coinbase Wallet announced its plans to cease support for Ripple (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), and Stellar (XLM) starting December 5.

Bitcoin Assets Worth $1.65B Withdrawn From Coinbase In 2 Days

Coinbase recorded the third-highest volume of Bitcoin withdrawals as 100K BTC tokens were pulled out of the exchange in the last 48 hours.

Binance Surpasses Coinbase In Holding The Largest Bitcoin Exchange Reserves

CryptoQuant's report revealed that Binance’s Bitcoin reserves have hit the 575K mark, thus making it the exchange with the largest BTC holdings.

Coinbase CEO Disagrees With MAS’ Stance On Retail Access To Crypto Assets

Brian Armstrong voiced his concerns on the crypto onboarding process proposed by the Monetary Authority of Singapore (MAS).

Ankr Adds Liquid Staking Services For Coinbase Wallet Users

Ankr has integrated liquid staking facilities for users of Coinbase Wallet.

Crypto Staking Industry’s Market Capitalization Hits Nearly $100B

The market cap of the crypto staking industry currently hinges at the $95.5B mark, up by 13.8% over the last week.

Wealthsimple Launches Staking Services For Ethereum And Solana

Wealthsimple added support for staking Ethereum and Solana assets.

SEC Chairman Warns About Centralization In The Crypto Market

In his recent speech, Gary Gensler, the SEC Chairman, revealed his opinions on the increasing centralization in the crypto ecosystem.

Coinbase Adds Zero-Commission USDC Trading Outside The US

Coinbase implemented a commission-free USDC trading service for non-USD currencies to encourage wider adoption of USDC.

Coinbase CEO To Sell 2% Of His Company Stake

Brian Armstrong, CEO of Coinbase, revealed his plans to sell 2% of his company holdings over the next year.

Lido’s Co-Founder Considers Coinbase Its Main Staking Competitor

Vasiliy Shapovalov, Lido’s Co-Founder, claimed Coinbase and other "centralized exchanges" are threats to the firm at Ethereum Foundation’s Devcon 2022 event.

Google Teams Up With Coinbase To Enable Cloud Service Payments Using Crypto

During Google's Cloud Next conference, the tech giant announced its partnership with Coinbase to allow certain clients to pay for cloud services using crypto.

Santiment Reveals 46.15% Of Ethereum’s PoS Nodes Are Controlled By Two Addresses

Data from Santiment disclosed only two addresses contributed to over 45% of Ethereum’s PoS nodes, giving rise to concerns of centralization.

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Coinbase Users In Georgia Exploit Price Bug To Net 100x Profit

A decimal point error in Coinbase’s exchange allowed users to cash out their Lari (GEL) assets for a hundred times the market price. 

PayPal Joins Coinbase-Led Compliance Solution “TRUST”

Earlier today, Coinbase announced its acceptance of PayPal into "TRUST," marking another milestone in the solution's journey.

Blockchain Investigator Claims Ronin Bridge Hackers Moved $625M To Bitcoin Network

The perpetrators behind one of the largest crypto hacks allegedly used Tornado Cash as one of the several means to conceal the transactions and transfer the $625M worth of USDC and Ethereum tokens to the Bitcoin network.

Coinbase CEO Says Exchange Will Rather Disable Staking Than Allow On-Chain Censorship

Following the Tornado Cash ban, Coinbase may shut down its staking services than open itself up to protocol-level censorship.

Eqonex Shuts Down Crypto Exchange Over Unprofitable Low Fees Competition

Eqonex stated it would focus more on its asset management and custodial services, leaving the crypto exchange in the rearview.

Email Update Pause In The Bear Market Could Bring Troubles For Coinbase

Coinbase could be facing more legal sanctions if users sue the company for suspending email updates during the market downturn.

SEC Investigates Coinbase Over Crypto Staking Products

Coinbase reveals that it is under scrutiny by the SEC on suspicion of irregularities in the staking and yield programs.