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Coinbase is facing a class action lawsuit that could shake investor confidence further. The crypto exchange giant is accused of withholding information on a major data breach and a regulatory penalty, both of which triggered significant declines in its stock price. The suit, filed by investor Brady Nessler in the U.S. District Court for the…
In one of the most brazen crypto heists in recent memory, a hacker responsible for a massive Coinbase data breach has begun laundering $45 million worth of stolen Ethereum (ETH) — all while openly taunting the community’s top sleuth, ZachXBT. According to blockchain analytics firm Spot On Chain, the hacker moved 17,778 ETH (roughly $45.48…
Coinbase made history this week as its stock surged nearly 15% following news that it will join the prestigious S&P 500 index. The move, effective before markets open on May 19, marks a significant milestone not only for the company but for the entire cryptocurrency industry. The crypto exchange will replace Discover Financial, which is…
Coinbase stock skyrocketed nearly 15% on Tuesday after it was revealed the cryptocurrency exchange will join the prestigious S&P 500 index, replacing Discover Financial Services, which is being acquired by Capital One. The change takes effect before markets open on May 19. This historic development marks a defining moment for the crypto industry, signaling its…
Coinbase may be a crypto giant, but even giants play it safe sometimes. In a recent Q&A session with customers, Coinbase CEO Brian Armstrong revealed that the company considered following in the footsteps of MicroStrategy’s Michael Saylor by loading its balance sheet with Bitcoin — but ultimately decided the move was “too risky.” “There were…
Coinbase has etched its name in the history books by becoming the first-ever crypto company to join the S&P 500, marking a watershed moment for the digital asset industry. The announcement has sent COIN stock surging more than 8%, reflecting investor excitement over the milestone. The crypto exchange will replace Discover Financial Services in the…
In a recent filing with the U.S. Securities and Exchange Commission (SEC), Coinbase has unveiled a surprising revelation about XRP’s performance in the crypto space. Brett (@Brett_Crypto_X), a prominent figure in the crypto community on X, highlighted that Coinbase earned more transaction revenue from XRP than from Ethereum or Solana. This shift is significant, signaling…
Coinbase, the largest U.S.-based cryptocurrency exchange, has officially launched round-the-clock Bitcoin and Ethereum futures trading—marking a major milestone in its bid to dominate the global derivatives market. The new 24-7 futures trading service went live Friday and allows U.S. traders to buy and sell crypto futures contracts with leverage, regardless of the time or day….
Coinbase, America’s largest publicly traded crypto exchange, reported underwhelming Q1 2025 earnings on Thursday, missing Wall Street’s revenue expectations despite Bitcoin’s surge toward $100,000. The results highlight an emerging disconnect between crypto price action and trading volume—particularly in the retail segment. The company posted $2.03 billion in revenue for the quarter, falling short of analysts’…
Coinbase, the largest cryptocurrency exchange in the U.S., has signaled a bold new move by adding gold-backed stablecoins PAXG and XAUT to its official listing roadmap. This development could open a fresh frontier in the fusion of traditional and digital assets. PAX Gold (PAXG), issued by Paxos Trust Company, is a unique stablecoin backed by…