Coinbase News

Coinbase’s layer-2 network Base is set to launch the fault-proof system, allowing users to independently confirm the validity of withdrawals. Ethereum-based network Base will integrate Optimism‘s fault-proof system — also known as fraud proofs — on Oct. 30, enabling users…

Coinbase has submitted two Freedom of Information Act (FOIA) requests against American regulators. The crypto exchange is demanding the disclosure of documents related to the prosecution of crypto companies by U.S. banks. This was reported by Coinbase CLO Paul Grewal.…

Crypto exchange Kraken has joined the race for dominance in the realm of Wrapped Bitcoins, unveiling its own Ethereum-based token, kBTC. The landscape of Wrapped Bitcoins is becoming more crowded as U.S.-based crypto exchange Kraken has introduced its own Wrapped…

The third quarter of 2024 saw a surge in stablecoin use and adoption, according to Coinbase’s 4th Quarter Guide to Crypto Markets report with Glassnode.  Stablecoins hit an all-time high market capitalization of nearly $170 billion in Q3 2024, according…

​​Degen, a popular meme coin on the Base Blockchain, has staged a strong rebound, making it one of the best-performing cryptocurrencies.  Degen (DEGEN) has jumped by over 223% in the last 30 days and by 335% from its lowest point…

Bitcoin ended Q3 with a modest 0.8% price increase, overshadowed by gold’s significant 13.8% rise, fueled by concerns about the economy and global tensions. As global uncertainties loom, investors are turning to safe havens for stability, leaving Bitcoin (BTC) trailing…

Stablecoin transaction value on Brazil’s local exchanges has surged well beyond Bitcoin, reflecting a sharp rise in their use for B2B cross-border payments. Brazil‘s stablecoin market is thriving, as Latin America becomes the second-fastest-growing region with a year-over-year growth rate…

Memstagram is now available on Coinbase Wallet, giving users the chance to upload memes and bid on their favorites directly through the world’s first Socialfi meme marketplace. Memstagram wants to create a meme marketplace where people can create internet memes,…

Coinbase is raising awareness about the rise of online scams targeting younger users, particularly Gen Z.  In a blog post published on Oct. 8, Coinbase outlined four online threats Gen Z should be aware of, including social media fraud, romance…

Crypto wallet Phantom has launched beta support for Base, Coinbase’s layer-2 network, allowing users to manage assets across multiple chains. Phantom, a cryptocurrency wallet initially designed as a Solana-centric application, has announced the rollout of beta support for Base, an…

The United States Supreme Court has denied Battle Born Investment’s case over ownership of 69,370 Bitcoin — worth $4.38 billion — that the US seized from the dark web marketplace Silk Road. The US Supreme Court published an order list…

ZachXBT’s crypto investigations helped recover $275,000 in Bitcoin stolen from an elderly U.S. user in an apparent social engineering scam. According to the blockchain sleuth, Indian impersonators stole around 15 Bitcoin (BTC) from a Coinbase user back in April. The…

Crypto exchange Coinbase is set to delist unauthorized stablecoins from its European branch by year-end, in response to incoming MiCA regulations. U.S.-based cryptocurrency exchange Coinbase will remove all non-compliant stablecoins from its European exchange by the end of this year,…

Creator of layer 2 blockchain Base, Jesse Pollak has joined the executive team at Coinbase as engineering vice president while also leading Coinbase Wallet. Jesse Pollak announced on his X account on Oct. 1, that he will be leading Coinbase…

A new survey shows that over half of American voters (56%) are more likely to support a presidential candidate informed about cryptocurrency.  The survey, conducted by Harris Poll (funded by Grayscale), gathered insights from over 1,800 likely voters and found…

Following an exemption from an SEC staff accounting bulletin, BNY edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds on Wall…