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Coinbase (COINBASE) News



Coinbase India

Coinbase Revealed Plans to Expand in India

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Major crypto exchange Coinbase plans to hire more people in India by the end of the year. The company released a blog post on April 4, according to which the team intends to add 1000 new employees to the present 300 staff at its Indian tech hub, which launched in 2021. The Chief Technology Officer...

Coinbase Mercado Bitcoin

Coinbase Interested in Acquiring Mercado Bitcoin Parent Company

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Leading crypto exchange platform Coinbase is in talks to buy Brazil's largest crypto exchange and unicorn Mercado Bitcoin owner 2TM. Brazilian news media platform Estadão reported on March 27 that the two companies have been holding negotiations from the past year, and they may announce the...

Coinbase blocks 25,000+ Russian users

Coinbase Blocks Over 25,000 Russian Accounts

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Leading crypto exchange Coinbase announced blocking over 25,000 addresses that belong to Russian users. The company believes that the users were engaged in illegal activities. An article by the Chief Legal Officer of Coinbase, Paul Grewal, states that the platform is committed to complying with...

Brian Armstrong

Coinbase CEO ruled out blocking all Russian users

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At the end of last week, crypto exchanges announced their withdrawal from the Russian market. The American platform Coinbase was also on this list. Last Tuesday, the press service of this company explained its situation. It reassured the Russians and stressed that the exchange would not block all...

Coinbase crypto report

Coinbase Generated $2.5 B of Net Revenue in Q4 2022

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Leading crypto exchange Coinbase reported its earnings for the 4th quarter of 2022. After the publication, the shares of the company increased. According to the report, the company ended 2021 with strong performance across key metrics. The net worth of the company in Q4 2021 was $2.5 bln, the net...

Coinbase

Coinbase plans to significantly increase the staff in 2022

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Until the end of 2022, the crypto company Coinbase Global, which owns the bitcoin exchange of the same name, plans to significantly increase its staff. The HR director's blog says that the company will hire about 2,000 more new employees due to the increase in the number of projects and directions...

Crypto ads Super Bowl

Coinbase's Super Bowl Ad Has Seen Unexpected High Traffic

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Leading crypto exchange Coinbase released an ad amid SuperBowl in terms of the marketing campaign "Less talk, more Bitcoin." The platform offered to sign up and get $15 in free Bitcoin by February 15 and win $3 M in prizes. It appeared later that the ad was too popular, it knocked out the...

Binance Coinbase

Binance and Coinbase remain the most popular crypto exchanges

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Coinbase and Binance continue to lead the ranking of cryptocurrency exchanges in terms of the number of visits. The Block Research division published a study in the middle of the week devoted to an in-depth analysis of exchange traffic. It says that traffic to marketplace websites fell by more than...

Coinbase Shopify CEO

Shopify’s Tobias Lütke Joined Coinbase Board of Directors

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CEO of leading commerce platform, Shopify, Tobias Lütke, now is one of board directors at Coinbase. Lütke tweeted that he's excited to join Coinbase and respects what the company does. Excited to work with @brian_armstrong and team. Huge respect for what they build. LFG...

derivatives trading Coinbase

Coinbase To Acquire FairX and Offer Derivatives Trading

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Popular crypto exchange Coinbase unveiled the upcoming purchase of FairX, a platform that delivers futures products. In a release published by the company, the team said that the goal is to provide derivatives trading, both for retail traders and institutions for all U.S.users. At start, the market...

Whales

Bitcoin whales activate on Coinbase

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Despite the holidays, the Coinbase crypto exchange has seen high activity of bitcoin whales since the end of December. According to the analytical company Kaiko, the number of transactions with a large volume of BTC has been increasing on the trading floor since last week. As a result of the...

Adidas Originals Coinbase, The Sandbox

Adidas Originals Partners With Coinbase and The Sandbox

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Germany-based leading sportswear manufacturer Adidas announced a partnership with Coinbase. A few days ago, on November 22, the company tweeted about the collaboration with the blockchain-powered virtual world the Sandbox, writing about creating an "adiVerse" and what users and the...

Coinbase

Coinbase app surpasses TikTok and Instagram in popularity

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In the AppStore, the Coinbase cryptocurrency exchange application turned out to be the most popular. In terms of the number of downloads, this service has bypassed TikTok, Instagram, and even YouTube. Recall that in the spring, Coinbase entered the stock market. It became the first company to be...

Coinbase crypto regulations

Coinbase Suggests Creating a New Crypto Regulator

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Leading crypto trading company Coinbase released Digital Asset Policy Proposal on October 14, suggesting set clear regulations for crypto and Web 3.0 in the USA. The exchange issued an explainer on GitHub describing its vision. Coinbase finds the right way to regulate the industry is through a...

Coinbase NFTs

Coinbase to Bring Out Its NFT Marketplace

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On October 12, leading crypto trading platform Coinbase revealed intentions for the release of an NFT marketplace. As mentioned in the blog post published by the company, the P2P marketplace will allow minting, trading,displaying, and exploring NFTs more easily. The popularity of NFTs has been...

Coinbase attack

Hackers Managed to Steal From 6000 Coinbase Customers

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Unknown hackers have attacked about six thousand user accounts of the Coinbase crypto exchange. They exploited the vulnerability to bypass two-factor authentication using SMS. This week, the exchange sent affected customers letters informing them that cybercriminals hacked accounts and stole crypto...

dydx Coinbase crypto trading

Crypto Exchange dydx Surpasses Coinbase by Trading Volume

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First time ever, decentralized exchange dydx surpassed Coinbase in trading volume. As data from CoinMarketCap show, in the past 24 hours, the trading volume of dydx has gone up by over 188%, exceeding $6.3 billion. dydx launched its governance token on September 8. Today the cryptocurrency has...

Coinbase

Coinbase will contribute to development of crypto legislation

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The legalization of the cryptosphere in the United States is considered necessary by both business representatives and regulators. For example, the head of the SEC, Gary Gensler, proposes to control the situation in the digital asset market based on the provisions of the securities legislation....