• Coinbase shares declined in premarket trading after reporting a third consecutive quarterly loss. Bitcoin ...More

    Coinbase shares declined in premarket trading after reporting a third consecutive quarterly loss. Bitcoin's value has fallen significantly, impacting cryptocurrency-related investments and stocks. Analysts believe Coinbase's business fundamentals remain strong despite challenging crypto market conditions. The company is diversifying revenue streams into stablecoins and retail derivatives for long-term support. This strategic shift aims to cushion the business from potential crypto cycle downturns. ...Less

  • Bitcoin fell below $63,000, its lowest in two weeks, as sentiment weakened. Coinbase earnings and fading ...More

    Bitcoin fell below $63,000, its lowest in two weeks, as sentiment weakened. Coinbase earnings and fading optimism about U.S. crypto legislation impacted market sentiment. Major altcoins like XRP and Solana also saw corrections, while BNB and Cardano experienced gains. Global crypto market capitalization decreased, reflecting investor caution and mixed institutional flows. Traders are monitoring macro signals and Fed commentary for future market direction. ...Less

  • Malaysia has ordered the shutdown of Balaji Srinivasan's Network School in Johor. Authorities investigate ...More

    Malaysia has ordered the shutdown of Balaji Srinivasan's Network School in Johor. Authorities investigated allegations of Israeli nationals participating in the program. The school later announced a memorandum of understanding with Kazakhstan. This agreement aims to establish a new campus for global techno-optimism. The relocation follows licensing issues and operational cessation in Malaysia. ...Less

  • Circle's profits in the second quarter significantly outperformed expectations, attributed to the growing ...More

    Circle's profits in the second quarter significantly outperformed expectations, attributed to the growing adoption of USDC tokens. The surge in USDC circulation, accompanied by a marked increase in onchain transaction activity, highlighted a positive trend. Despite a dip in the reserve return rate during this period, stronger circulation volumes partially mitigated the effects of reduced yields. ...Less

  • CoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market ...More

    CoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural value is forming across stablecoin payment rails, real-world asset tokenisation led by institutions like BlackRock, and emerging AI agentic commerce infrastructure. ...Less

  • Bullish options activity in crypto-linked stocks such as Coinbase, Strategy, Robinhood and the iShares Bi ...More

    Bullish options activity in crypto-linked stocks such as Coinbase, Strategy, Robinhood and the iShares Bitcoin Trust ETF is signalling renewed optimism for cryptocurrencies after a steep correction. While Bitcoin and Ethereum remain sharply lower over the past year, traders are positioning for a potential rebound as sentiment begins to improve. ...Less

  • New York's attorney general has sued Kalshi, alleging its prediction market platform operates illegally. ...More

    New York's attorney general has sued Kalshi, alleging its prediction market platform operates illegally. The state claims Kalshi lacks a required gambling license to offer such services. This action follows similar lawsuits filed against other prediction market operators in New York. Kalshi previously sought an injunction against state enforcement but was unsuccessful. The lawsuit seeks to halt Kalshi's operations and recover illegal gains. ...Less

  • The London Stock Exchange will introduce LSE 24, a new venue for extended trading hours. This initiative ...More

    The London Stock Exchange will introduce LSE 24, a new venue for extended trading hours. This initiative aims to offer near-continuous trading, competing with cryptocurrency platforms. Exchange-traded products will be the initial assets available on the platform. The exchange seeks to provide greater flexibility and enhanced market liquidity for clients. This move comes as younger investors embrace round-the-clock digital asset trading options. ...Less

  • In a remarkable second-quarter performance, Nasdaq outshined analyst profits, driven by robust revenue gr ...More

    In a remarkable second-quarter performance, Nasdaq outshined analyst profits, driven by robust revenue growth in its capital access platforms. Significant trading volumes and notable listings enhanced its financial standing. The CFO reassured stakeholders, minimizing fears about rivalry from perpetual futures contracts. Following the earnings report, the company's stock experienced a favorable upswing, reflecting investor confidence. ...Less

  • US Stock Market: Exchange operators brace for earnings amid trading boom, regulatory overhang

    US exchange operators begin quarterly earnings season this week. Strong trading activity is expected to o ...More

    US exchange operators begin quarterly earnings season this week. Strong trading activity is expected to offset regulatory concerns and competition. New cryptocurrency derivatives pose a challenge to established market players. Analysts anticipate management discussions on evolving market dynamics and strategies. Mixed financial results are projected due to challenging year-on-year comparisons. ...Less

  • Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US

    Chinese artificial intelligence models are increasingly adopted by American users and businesses. These a ...More

    Chinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive performance at significantly lower costs. Companies are switching to Chinese AI for routine tasks and cost reduction efforts. While US tech giants express frustration, independent developers find them appealing. China's open-source approach and state support fuel global expansion ambitions. ...Less

  • Malaysia says residents at tech commune run by ex-Coinbase exec have valid travel documents

    The ⁠investigation came after some social media users alleged that The Network School, founded by the for ...More

    The ⁠investigation came after some social media users alleged that The Network School, founded by the former Coinbase chief technology officer in 2024, included participants from Israel who had entered Malaysia with passports of other countries. ...Less

  • Coinbase restores prediction markets trading after technical issue

    Coinbase has restored prediction markets trading on ⁠its ⁠platform after users were unable to place trade ...More

    Coinbase has restored prediction markets trading on ⁠its ⁠platform after users were unable to place trades, the company said in a ⁠status message on Thursday. ...Less

  • Crypto exchanges cash in on SpaceX frenzy with pre-IPO derivatives

    Billions of dollars have flowed into instruments dubbed "pre-IPO perpetual futures", which have no direct ...More

    Billions of dollars have flowed into instruments dubbed "pre-IPO perpetual futures", which have no direct link to the underlying shares but are priced with reference to SpaceX's latest disclosed pre-IPO valuation. ...Less

  • Bitcoin (BTC USD) and Ether (ETH USD) ETFs stage massive comeback with $239 million inflows as Japan's crypto ETF push fuels optimism - here's what investors need to know

    Bitcoin and Ether ETF inflows today: Bitcoin and Ether exchange-traded funds experienced a strong recover ...More

    Bitcoin and Ether ETF inflows today: Bitcoin and Ether exchange-traded funds experienced a strong recovery this week. Bitcoin ETFs attracted over $181 million in fresh investor money. Ether ETFs also returned to positive territory with $58.34 million in inflows. Japan advanced its framework for regulated crypto exchange-traded funds. ...Less

  • Federal Judge rejects Kalshi bid to block New York gambling enforcement law

    In a decision on Tuesday, US District Judge Analisa Torres in Manhattan said Kalshi did not deserve a pre ...More

    In a decision on Tuesday, US District Judge Analisa Torres in Manhattan said Kalshi did not deserve a preliminary injunction, because the federal Commodity ⁠Exchange Act ⁠did not supersede New York's gambling laws as applied to Kalshi's sports-event contracts. ...Less

  • RBI backs crypto ban, tax department warns of evasion risks, documents show

    India's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibiti ...More

    India's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets and stablecoins could threaten financial stability and monetary sovereignty, according to internal government documents reviewed by Reuters. ...Less

  • Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so far

    Indian startups are increasingly offering Esop liquidity programs to employees. Flipkart recently announc ...More

    Indian startups are increasingly offering Esop liquidity programs to employees. Flipkart recently announced its second buyback event with a $50 million corpus. BrowserStack also provided liquidity to employees and early investors with a $125 million buyback. CoinDCX and Unacademy have also conducted significant ESOP buyback initiatives. These programs allow employees to cash out vested stock options before an IPO or acquisition. ...Less

  • Consortium including Visa, Mastercard jointly launch new global stablecoin

    The venture, called Open Standard, brings together more than 140 businesses for the stablecoin network an ...More

    The venture, called Open Standard, brings together more than 140 businesses for the stablecoin network and will issue a new US-dollar pegged stablecoin called Open USD, which is expected to go live later ⁠this year. ...Less

  • Melania Trump Amazon documentary earnings: First Lady income disclosed as Donald Trump records multi-billion dollar cryptocurrency revenue

    Donald Trump's crypto activities are the main reason for the near tripling of his personal fortune, which ...More

    Donald Trump's crypto activities are the main reason for the near tripling of his personal fortune, which rose from $2.3 billion to $6.5 billion between 2024 and 2026, according to Forbes. ...Less

  • Cheaper AI is better: Soaring bills are reshaping how businesses choose models

    Top executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's ...More

    Top executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller, cheaper models can handle a big share of corporate needs. ...Less

  • Chinese AI models up to 50 times cheaper as enterprises reassess OpenAI, Anthropic costs: JPMorgan

    The report titled "Semiquincententacles: The US Grip on Global Markets," said growing cost pressures are ...More

    The report titled "Semiquincententacles: The US Grip on Global Markets," said growing cost pressures are prompting businesses to reconsider their dependence on premium AI models from companies such as OpenAI and Anthropic. ...Less

  • Cred founder Kunal Shah’s appointment as WhatsApp CEO sparks discussion on social media

    Industry leaders welcomed the leadership transition and acknowledged outgoing WhatsApp executive Will Cat ...More

    Industry leaders welcomed the leadership transition and acknowledged outgoing WhatsApp executive Will Cathcart's contributions. ...Less

  • Manu Chandra's Sauce, the VC making a feast of small servings

    Sauce VC is set to make an estimated Rs 500-550 crore from L'Oréal's acquisition of Innovist, validating ...More

    Sauce VC is set to make an estimated Rs 500-550 crore from L'Oréal's acquisition of Innovist, validating founder Manu Chandra's strategy of backing consumer startups early and doubling down on winners. The deal has also put the spotlight on Sauce's model at a time when India's D2C sector has moved beyond the easy-money era. ...Less

  • Crypto exchange Coinbase to introduce INR rails in India

    Coinbase has launched direct rupee deposits and withdrawals in India, a move that gives it a significant ...More

    Coinbase has launched direct rupee deposits and withdrawals in India, a move that gives it a significant advantage over rivals like Binance. The exchange aims to capture a large share of both retail and institutional customers by offering over 500 crypto assets and actively engaging with regulators and potential partners to expand its services. ...Less

  • How a 22-year-old Indian techie dropped out to build an AI startup

    A 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI star ...More

    A 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valuation. Backed by prominent Silicon Valley investors, Nandy left Cornell University to focus on developing adaptive AI systems that assist users beyond simple prompts, aiming to shift workflows towards outcomes. ...Less

  • A famous 10-foot CIA sculpture just changed hands, and the crypto firm that bought its last secret says it hasn't peeked, because the mystery of Kryptos is still the point

    After three decades, the final unsolved secret of the CIA's Kryptos sculpture, K4, has been sold for near ...More

    After three decades, the final unsolved secret of the CIA's Kryptos sculpture, K4, has been sold for nearly $1 million. Crypto venture capital firm Paradigm now holds the solution and will charge $1 per submission to encourage public attempts at cracking the code, with a K5 mystery still to come. ...Less

  • Bitcoin’s biggest challenge isn’t the BTC USD price crash - here’s why most Americans still don’t own crypto

    Bitcoin ownership 2026 in US analysis: Despite Bitcoin's significant price drop, only 22% of Americans ow ...More

    Bitcoin ownership 2026 in US analysis: Despite Bitcoin's significant price drop, only 22% of Americans own cryptocurrency, with younger generations leading adoption. Existing holders remain committed, planning further investments. Lack of understanding and trust are key barriers for many, while major crypto developments fail to reach non-owners, keeping participation concentrated. ...Less

  • Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affected

    Google Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its T ...More

    Google Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These layoffs are reportedly aimed at reallocating resources towards growth areas, particularly artificial intelligence. This move aligns with a broader tech industry trend of significant investment in AI and subsequent layoffs to offset this. ...Less

  • Coinbase, Kalshi bring regulated perpetual crypto futures to US investors

    Perpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders ...More

    Perpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders to maintain positions indefinitely without the need to roll over contracts. These instruments also permit ⁠high ⁠degrees of leverage - often as much as 50-to-1 - enabling investors to amplify their exposure to market moves. ...Less

  • Crypto exchange Binance rolls out trading in US stocks, ETFs

    Binance has expanded its offerings beyond cryptocurrency, launching stock and exchange-traded fund tradin ...More

    Binance has expanded its offerings beyond cryptocurrency, launching stock and exchange-traded fund trading for its users. Customers can now access over 7,000 US stocks and ETFs, with the ability to buy fractional shares starting at $5. This move reflects the growing convergence between digital assets and traditional finance. ...Less

  • What is actually happening to Bitcoin (BTC) right now? Why the $2 trillion crypto market crash is sending Bitcoin, Ethereum, Solana, and XRP into freefall

    Bitcoin crash fears intensified after BTC briefly slipped below $60,000 for the first time since October ...More

    Bitcoin crash fears intensified after BTC briefly slipped below $60,000 for the first time since October 2024. The broader crypto market has lost roughly $2 trillion since its October peak, falling from about $4.2 trillion to nearly $2.1 trillion. Ethereum price dropped around 10%, while Solana and XRP also suffered sharp losses. This looks less like a single collapse and more like a major repricing as investors rotate toward AI-driven stocks and traditional equities. ...Less

  • Peak XV rejigs Surge; Digital lenders power through slowdown

    Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. Thi ...More

    Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morning Dispatch. ...Less

  • US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears

    Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in ...More

    Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a nine-week rally, while persistent Middle East tensions and rising yields further pressured investor sentiment. ...Less

  • US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jitters

    US stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensi ...More

    US stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and semiconductor stocks gained, while software lagged. Alphabet’s massive AI funding plan and Marvell’s rally highlighted ongoing AI momentum, even as inflation fears and rate hike concerns kept investors cautious. ...Less

  • Coinbase layoffs: Why Coinbase is cutting 14% jobs as CEO Brian Armstrong pushes AI shift – here's what he said about severance pay, healthcare, and support

    Coinbase layoffs 2026: Coinbase has announced job cuts affecting 14% of its staff. CEO Brian Armstrong ci ...More

    Coinbase layoffs 2026: Coinbase has announced job cuts affecting 14% of its staff. CEO Brian Armstrong cited crypto market downturns and the transformative impact of artificial intelligence. AI is enabling smaller teams to achieve more, leading to a leaner, more efficient Coinbase. This restructuring aims to prepare the company for future market cycles and a new wave of crypto adoption. ...Less

  • Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losers

    Why is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near ...More

    Why is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — and the US stock market is paying a steep price for that reality check. The Dow Jones fell more than 400 points, the S&P 500 lost 1.8%, and the Nasdaq tumbled nearly 3%. AI stocks led the decline, with Nvidia, Intel, Marvell, and Broadcom losing billions in market value. ...Less

  • Coinbase layoffs: What is the severance package US' largest crypto exchange will give to Indian employees on work visas?

    Coinbase is laying off 14% of its global workforce, impacting around 700 employees. The crypto giant cite ...More

    Coinbase is laying off 14% of its global workforce, impacting around 700 employees. The crypto giant cited market conditions and the growing influence of AI as reasons for the restructure. Affected employees will receive severance packages, with specific provisions for those on work visas and international staff, aiming for a leaner, AI-native operation. ...Less

  • Coinbase shares jump 11% day after Nasdaq debut

    Coinbase was valued at just under $6 billion as recently as September, but its valuation has surged toe-t ...More

    Coinbase was valued at just under $6 billion as recently as September, but its valuation has surged toe-to-toe with bitcoin's gains this year. The company was valued at $86 billion at the end of Wednesday's trading session. ...Less

  • Coinbase shatters earnings estimates, quarterly profit rises from $36.13 to $1.43 billion

    Coinbase transaction revenue fell 2 per cent to $764.3 million. However, revenue from the company's subsc ...More

    Coinbase transaction revenue fell 2 per cent to $764.3 million. However, revenue from the company's subscription and services unit — which includes businesses outside of trading — rose 9.5 per cent to $655.8 million. ...Less

  • Coinbase expects up to $400 million hit from cyber attack

    Coinbase said a cyber attack exposed account data, including names, addresses and emails, for a "small su ...More

    Coinbase said a cyber attack exposed account data, including names, addresses and emails, for a "small subset" of users. The exchange expects costs of $180–$400 million and will reimburse customers who were tricked into transferring funds to the attacker. ...Less

  • Coinbase paused transactions in US for hours, restored now

    Another Coinbase user tweeted: "I have already called and spoke with a support member and have been told ...More

    Another Coinbase user tweeted: "I have already called and spoke with a support member and have been told the transactions are not even making it to the card! I will wait till the end of day but after that I have no choice but to move on from your platform. ...Less

  • Coinbase listing marks latest step in crypto's march to the mainstream

    Still, some institutional investors voiced caution over long-term prospects for Coinbase and the cryptocu ...More

    Still, some institutional investors voiced caution over long-term prospects for Coinbase and the cryptocurrency sector. Risks include Coinbase's exposure to a highly volatile asset, bitcoin, which is still subject to patchy regulation. ...Less

  • Coinbase cuts 14% of staff: Is AI the real reason behind the layoffs?

    Coinbase is slashing approximately 700 jobs, around 14% of its global staff, as part of a major restructu ...More

    Coinbase is slashing approximately 700 jobs, around 14% of its global staff, as part of a major restructuring. This move aims to cut costs and prepare the crypto exchange for the AI era. The company anticipates completing these layoffs mostly by the second quarter of 2026. ...Less

  • Coinbase valuation tops $100 bn as share price surges to $381 on Nasdaq debut

    At $381, Coinbase has a fully diluted valuation, which includes unvested stock options and restricted sto ...More

    At $381, Coinbase has a fully diluted valuation, which includes unvested stock options and restricted stocks, of $99.95 billion and a market capitalisation of $75.9 billion. ...Less

  • Coinbase shares near two-year high as ETF euphoria boosts trading volume

    The stock rallied 14% to $189.28 and added more than $5 billion to the company's market value. Trading fe ...More

    The stock rallied 14% to $189.28 and added more than $5 billion to the company's market value. Trading fees for Coinbase improved as investor interest in popular crypto tokens such as bitcoin rose since the second half of 2023 in anticipation of an approval for spot bitcoin ETFs. ...Less

  • Coinbase falls short on revenue as trading volumes slump 30%

    Crypto exchanges have benefited from the mainstreaming of digital assets, with businesses across the glob ...More

    Crypto exchanges have benefited from the mainstreaming of digital assets, with businesses across the globe investing heavily into growing their crypto infrastructure. ...Less

  • SEC brings charges against cryptocurrency trading platform Coinbase

    The SEC has charged Coinbase with operating an unregistered national securities exchange, broker, and cle ...More

    The SEC has charged Coinbase with operating an unregistered national securities exchange, broker, and clearing agency, as well as failing to register the offer and sale of its staking-as-a-service program. The complaint claims Coinbase has made billions unlawfully since at least 2019 by facilitating the buying and selling of crypto securities without proper registration. ...Less

  • Coinbase CEO Brian Armstrong sold $291.8 million shares on listing day

    Coinbase CEO Brian Armstrong sold 749,999 shares in three batches at prices ranging from $381 to $410.40 ...More

    Coinbase CEO Brian Armstrong sold 749,999 shares in three batches at prices ranging from $381 to $410.40 per share for total proceeds of $291.8 million, filings made with the US SEC show. ...Less

  • Coinbase arbitration dispute: US Supreme Court rules in favor of crypto exchange

    The lower court had let a proposed class action lawsuit proceed while Coinbase pressed its appeal contend ...More

    The lower court had let a proposed class action lawsuit proceed while Coinbase pressed its appeal contending that the claims belong in arbitration. ...Less

  • Coinbase opens local bank transfers for Singapore users at no cost

    Previously, users could only purchase crypto via a Visa or Mastercard debit or credit card, or transfer c ...More

    Previously, users could only purchase crypto via a Visa or Mastercard debit or credit card, or transfer crypto in and out of their Coinbase account. ...Less

  • Coinbase shares sink 11% after trading weakness hits quarterly profit

    Coinbase's stock is poised for a significant drop, potentially erasing nearly $11 billion in market value ...More

    Coinbase's stock is poised for a significant drop, potentially erasing nearly $11 billion in market value, following a report of decreased second-quarter adjusted profit attributed to slower trading activity. Analysts at Morningstar consider the shares overvalued, projecting excessive future growth expectations. ...Less

  • Crypto contagion deepens: Coinbase to lay off about 950 employees

    Coinbase said it expects to incur a total of about $149 million to $163 million in restructuring expenses ...More

    Coinbase said it expects to incur a total of about $149 million to $163 million in restructuring expenses. ...Less

  • Coinbase revenue beat estimates, executives expect to win battle with SEC

    The company and its rival Binance were sued by the US Securities and Exchange Commission in June. It alle ...More

    The company and its rival Binance were sued by the US Securities and Exchange Commission in June. It alleged that Coinbase traded at least 13 crypto assets that are securities without registering them with the regulator. ...Less

  • Crypto collapse dents equities: Coinbase hits new lows, loses 90% value

    Till trust returns to the crypto ecosystem, one can expect Coinbase stock price to stay muted, said Nigam ...More

    Till trust returns to the crypto ecosystem, one can expect Coinbase stock price to stay muted, said Nigam. "Institutional investors are reconsidering the asset class given the recent controversy," he added. ...Less

  • Coinbase listing marks latest step in crypto's march to the mainstream

    Still, some institutional investors voiced caution over long-term prospects for Coinbase and the cryptocu ...More

    Still, some institutional investors voiced caution over long-term prospects for Coinbase and the cryptocurrency sector. Risks include Coinbase's exposure to a highly volatile asset, bitcoin, which is still subject to patchy regulation. ...Less

  • Coinbase must face US securities regulator's lawsuit, says judge

    While the decision is a partial win for Coinbase in what could be a lengthy and expensive court battle, i ...More

    While the decision is a partial win for Coinbase in what could be a lengthy and expensive court battle, it largely blesses the SEC's approach to cryptocurrency and agrees with other judges who have sided with the regulator. ...Less

  • Coinbase lays off over 60 employees as cryptocurrencies extend fall

    The job cuts, the second time this year, follow a week after "crypto market headwinds" contributed to Coi ...More

    The job cuts, the second time this year, follow a week after "crypto market headwinds" contributed to Coinbase's net loss of $544.6 million ...Less

  • Frustrated Coinbase tries rare maneuver to compel SEC to clear up crypto murkiness

    Coinbase Inc contends that it is, in a new appellate petition that marks the cryptocurrency exchange's la ...More

    Coinbase Inc contends that it is, in a new appellate petition that marks the cryptocurrency exchange's latest attempt to force the U.S. Securities and Exchange Commission to provide the industry with a clear set of rules and regulations instead of policing crypto through enforcement actions. ...Less

  • Dutch central bank fines cryptocurrency exchange Coinbase €3.3 million

    The central bank said it had taken into consideration that Coinbase is one of the largest cryptocurrency ...More

    The central bank said it had taken into consideration that Coinbase is one of the largest cryptocurrency companies and had a "significant number of customers in the Netherlands". ...Less

  • Coinbase faces SEC probe over cryptocurrency listings

    US prosecutors in Manhattan charged a former product manager at Coinbase and two others last week with wi ...More

    US prosecutors in Manhattan charged a former product manager at Coinbase and two others last week with wire fraud in the first insider trading case involving cryptocurrency, with Ishan Wahi, the product manager at the cryptocurrency exchange, and his brother Nikhil Wahi arrested in Seattle. ...Less

  • Crypto exchange Coinbase opens up NFT marketplace to all users

    Coinbase said its NFT marketplace is in the beta stage and the company is still working on adding more fe ...More

    Coinbase said its NFT marketplace is in the beta stage and the company is still working on adding more features to the platform. ...Less

  • Top analyst says Coinbase stock could double soon — here’s what’s driving the surge

    Coinbase stock could double soon as top analysts and crypto experts predict massive growth fueled by regu ...More

    Coinbase stock could double soon as top analysts and crypto experts predict massive growth fueled by regulatory clarity, Bitcoin’s rally, and rising institutional adoption. With key legislation like the Clarity Act and GENIUS Act gaining traction, Coinbase is emerging as a major winner in the crypto space. The stock's recent inclusion in the S&P 500, strategic partnerships, and booming crypto markets are giving investors new hope. Some analysts see Coinbase reaching up to $1,550 by 2025. This story breaks down why Coinbase stock is surging and what could make it one of the biggest winners of the crypto boom. ...Less

  • Led by Coinbase, global crypto firms set to launch or expand in India in 2022

    Nasdaq-listed Coinbase, one of the largest cryptocurrency exchanges in the world, is hiring for multiple ...More

    Nasdaq-listed Coinbase, one of the largest cryptocurrency exchanges in the world, is hiring for multiple senior roles, including in business and policy. ...Less

  • Amazon reports cloud outage at North Virginia data center; CME, Coinbase face trading issues

    Amazon Web Services experienced an outage in a northern Virginia data center zone due to high temperature ...More

    Amazon Web Services experienced an outage in a northern Virginia data center zone due to high temperatures, impacting services for CME Group and Coinbase. While Coinbase confirmed its issues stemmed from the AWS outage, CME cited unspecified technical and latency problems. AWS is working to restore full service, but a timeline remains uncertain. ...Less

  • The humbling of Coinbase

    Coinbase has grown from a plucky startup to a publicly traded company, but its status as an industry lead ...More

    Coinbase has grown from a plucky startup to a publicly traded company, but its status as an industry leader has been threatened by a series of missteps and a steep decline in the crypto market over the past six months ...Less

  • Coinbase stock jumps near 52-week high after ClearLoop deal and Opyn hires—what’s driving this crypto comeback?

    Coinbase stock is climbing fast, jumping over 2% to hit $395.39, just shy of its 52-week high of $398.50. ...More

    Coinbase stock is climbing fast, jumping over 2% to hit $395.39, just shy of its 52-week high of $398.50. This surge follows Coinbase’s major partnership with Copper’s ClearLoop network, helping institutional clients trade crypto more securely and efficiently using USDC. The company also added top talent from DeFi firm Opyn, showing its push into onchain finance. With Q2 earnings set for July 31, investors are watching closely. Despite mixed analyst views, confidence is rising in Coinbase’s long-term future as it strengthens its crypto trading and DeFi infrastructure. All signs point to Coinbase entering a strong growth phase. ...Less

  • Coinbase stock hits new yearly high at $415 as Bitcoin tops $122K — Is this just the start of a bigger Crypto Week rally?

    Coinbase stock just surged to a new 52-week high of $415.96, riding the momentum of Bitcoin’s rally above ...More

    Coinbase stock just surged to a new 52-week high of $415.96, riding the momentum of Bitcoin’s rally above $122,000 during what’s being called Crypto Week. With over $2.7 billion in Bitcoin ETF inflows and growing optimism around pro-crypto U.S. regulations, Coinbase Global (COIN) is seeing massive investor attention. Backed by solid Q1 earnings, a $2.9 billion Deribit acquisition, and a $101 billion market cap, the company is now dominating both retail and institutional crypto markets. With analysts forecasting even more upside, readers are eager to know—how high can COIN stock go from here? ...Less

  • Coinbase is stopping ‘all services’ for Indian users

    “Please note that you will be able to access Coinbase.com or Coinbase app until September 25, 2023 and sh ...More

    “Please note that you will be able to access Coinbase.com or Coinbase app until September 25, 2023 and should withdraw funds held in your account by such date,” the email sent on Sunday said. ET has seen the email. ...Less

  • Coinbase kicks off grassroots campaign to advance US legislation

    Coinbase, the largest U.S. cryptocurrency exchange, is stepping up its grassroots advocacy campaign in a ...More

    Coinbase, the largest U.S. cryptocurrency exchange, is stepping up its grassroots advocacy campaign in a bid to advance legislation that will provide regulatory clarity for the industry, the company said. ...Less

  • Crypto stocks plunge today: Why Coinbase (COIN) and Circle (CRCL) stocks are down amid stablecoin regulation shake-up

    Coinbase (COIN) and Circle (CRCL) stock today: Coinbase and Circle face regulatory pressure as Washington ...More

    Coinbase (COIN) and Circle (CRCL) stock today: Coinbase and Circle face regulatory pressure as Washington considers new stablecoin legislation. Proposed restrictions on yield and reward programs could significantly impact revenue for both companies, particularly Coinbase's subscription services and Circle's profitability tied to USDC interest. ...Less

  • Coinbase stock down — will it follow Bitcoin's path? Here's what reports say

    Coinbase stock continues to climb as bitcoin hits a new record high, attracting traders looking for smart ...More

    Coinbase stock continues to climb as bitcoin hits a new record high, attracting traders looking for smart, lower-risk strategies. One proven method is the bull put spread, which lets investors earn steady income while limiting losses. For example, a trade using August options could return over 30% if Coinbase stays above $340. With bitcoin’s price surge and Coinbase’s strong market performance, this options strategy is gaining attention. But with earnings approaching on August 7, caution is key. If you're trading Coinbase options, this could be a simple yet effective way to ride the crypto momentum safely. ...Less

  • Coinbase gets approval to offer crypto futures to eligible US customers

    Now that it has received approval, Coinbase says eligible US customers will be able to access regulated d ...More

    Now that it has received approval, Coinbase says eligible US customers will be able to access regulated derivatives products through Coinbase Financial Markets, subject to the oversight of the Commodity Futures Trading Commission and the NFA. ...Less

  • Coinbase valuation pegged at $68 bn ahead of landmark US listing

    The eye-popping valuation underscores how the perceived value of Coinbase has rallied in lock-step with t ...More

    The eye-popping valuation underscores how the perceived value of Coinbase has rallied in lock-step with the surge in the price of cryptocurrency bitcoin. ...Less

  • Coinbase buys digital asset firm One River Digital in growth push

    The company did not disclose the financial details of the deal, in which ORDAM will become Coinbase Asset ...More

    The company did not disclose the financial details of the deal, in which ORDAM will become Coinbase Asset Management and operate as a fully-owned unit of Coinbase. ...Less

  • Coinbase insider trading: Nikhil Wahi sentenced to 10-months in jail

    Nikhil Wahi, accused of receiving insider trading information from his brother Ishan Wahi, a former proje ...More

    Nikhil Wahi, accused of receiving insider trading information from his brother Ishan Wahi, a former project manager at crypto exchange Coinbase, has been sentenced to 10-months in prison. ...Less

  • Coinbase acquires Agara to further India push

    Coinbase Global — the largest cryptocurrency exchange in the US — plans to leverage Agara’s deep learning ...More

    Coinbase Global — the largest cryptocurrency exchange in the US — plans to leverage Agara’s deep learning and conversational AI technology to automate and enhance its customer experience tools. ...Less

  • Coinbase CEO Brian Armstrong says new disclosure does not mean firm faces bankruptcy risk

    Brian Armstrong made his comments after Coinbase said on Tuesday that, in the event of bankruptcy, crypto ...More

    Brian Armstrong made his comments after Coinbase said on Tuesday that, in the event of bankruptcy, crypto assets held by the exchange could be considered property of the bankruptcy proceedings and customers could be treated as general unsecured creditors. ...Less

  • Coinbase says hackers stole cryptocurrency from at least 6,000 customers

    Unauthorized third parties exploited a flaw in the company's SMS account recovery process to gain access ...More

    Unauthorized third parties exploited a flaw in the company's SMS account recovery process to gain access to the accounts, and transfer funds to crypto wallets not associated with Coinbase, the company said. ...Less

  • Coinbase stock gains as SEC prepares to dismiss lawsuit: How it impacts crypto regulations and markets

    With the SEC planning to withdraw an old case against the exchange, Coinbase shares gained on Friday. The ...More

    With the SEC planning to withdraw an old case against the exchange, Coinbase shares gained on Friday. The 2021 lawsuit aimed to classify Coinbase as a stock exchange, and its dismissal could provide a significant boost to the cryptocurrency sector. Analysts believe this development will strengthen investor confidence and fuel further growth for Coinbase. ...Less

  • US Supreme Court agrees to hear Coinbase arbitration dispute

    The justices agreed to consider whether two proposed class actions by customers suing Coinbase could move ...More

    The justices agreed to consider whether two proposed class actions by customers suing Coinbase could move forward while the company appeals judges' rulings declining to force its users to arbitrate their claims. ...Less

  • Low-cost spot bitcoin ETFs threaten to erode Coinbase margin, trading volume

    Coinbase, the largest listed cryptocurrency exchange, could face negative impacts on its trading volume, ...More

    Coinbase, the largest listed cryptocurrency exchange, could face negative impacts on its trading volume, margin, and trading commissions due to the rise of bitcoin exchange-traded funds (ETFs). If investors turn to low-cost ETFs that track the spot price of bitcoin, it may divert potential Coinbase customers to equity brokers. The ease and lower fees associated with ETFs could attract new investors, potentially pressuring Coinbase's margins. ...Less

  • Before suing Coinbase, SEC asked it to trade only in bitcoin: FT report

    The SEC had accused Coinbase of operating illegally because it failed to register as an exchange. It also ...More

    The SEC had accused Coinbase of operating illegally because it failed to register as an exchange. It also alleged that Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon. ...Less

  • Coinbase, facing SEC lawsuit, says regulator lacks police power over crypto

    Coinbase, the largest U.S. cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securiti ...More

    Coinbase, the largest U.S. cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securities and Exchange Commission lawsuit claiming it broke the law by failing to register its business. ...Less

  • Cryptocurrency exchange Coinbase files with regulators to go public

    Coinbase's announcement comes as Bitcoin hit a record high on Thursday, just a day after passing the $20, ...More

    Coinbase's announcement comes as Bitcoin hit a record high on Thursday, just a day after passing the $20,000 milestone for the first time, amid surging interest from larger investors. ...Less

  • Coinbase gets all-clear from SEC, setting stage for landmark crypto listing

    A successful listing for Coinbase would mark a significant endorsement for a sector that has struggled to ...More

    A successful listing for Coinbase would mark a significant endorsement for a sector that has struggled to win the trust of mainstream investors, regulators and the general public. ...Less

  • Coinbase to face narrowed shareholder lawsuit

    Shareholders said Coinbase defrauded them into believing it was improbable the SEC would accuse it in cou ...More

    Shareholders said Coinbase defrauded them into believing it was improbable the SEC would accuse it in court of operating an unregistered securities exchange, and misrepresented the risk they could lose assets if Coinbase filed for bankruptcy. ...Less

  • US SEC asks judge to deny Coinbase motion to dismiss its lawsuit

    The agency said Coinbase was wrong to rely on a recent court ruling that found cryptocurrency developer R ...More

    The agency said Coinbase was wrong to rely on a recent court ruling that found cryptocurrency developer Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, citing a subsequent ruling in the case of Terraform Labs that rejected the court's reasoning. ...Less

  • Coinbase confirms arrest in India linked to data breach at cryptocurrency exchange

    A former Coinbase customer service agent has been arrested in India. This arrest is part of an ongoing in ...More

    A former Coinbase customer service agent has been arrested in India. This arrest is part of an ongoing investigation into a data breach at the cryptocurrency exchange. Coinbase CEO Brian Armstrong confirmed the development. He thanked Hyderabad Police for their assistance. The company has zero tolerance for bad behavior. ...Less

  • Coinbase waged unusual legal defence ahead of SEC's crypto crackdown

    Before the US Securities and Exchange Commission sued Coinbase on June 6, the company had weighed in on t ...More

    Before the US Securities and Exchange Commission sued Coinbase on June 6, the company had weighed in on two other crypto-related lawsuits brought by the regulator and urged judges to adopt views on open legal questions that are now at the heart of its own case. ...Less

  • US crypto exchange Coinbase adds three board members, including OpenAI executive

    US cryptocurrency exchange Coinbase has added three new members and they are Chris Lehane, a member of th ...More

    US cryptocurrency exchange Coinbase has added three new members and they are Chris Lehane, a member of the executive team at OpenAI; Paul Clement, former U.S. Solicitor General under President George W. Bush; and Christa Davies, chief financial officer for Aon and a board member for Stripe and Workday. The additions will expand the board from seven to 10. ...Less

  • Coinbase to acquire Deribit in $2.9 billion deal: Report

    Coinbase, the largest US-listed crypto exchange, is set to acquire Deribit for $2.9 billion in a cash-and ...More

    Coinbase, the largest US-listed crypto exchange, is set to acquire Deribit for $2.9 billion in a cash-and-stock deal, according to the Wall Street Journal. This marks Coinbase’s strategic entry into the lucrative crypto derivatives market, bolstering its global footprint amid growing institutional demand and regulatory clarity in key markets. ...Less

  • ‘Time to get off the ride’: Coinbase chief product officer Surojit Chatterjee steps down

    The crypto exchange said it was grateful for Chatterjee’s contributions through his stint, including his ...More

    The crypto exchange said it was grateful for Chatterjee’s contributions through his stint, including his leadership in building Coinbase’s product organisation and product launches. ...Less

  • SEC investigating whether Coinbase misstated its user numbers

    The SEC has also been investigating whether Coinbase misstated its user numbers in past disclosures -- an ...More

    The SEC has also been investigating whether Coinbase misstated its user numbers in past disclosures -- an inquiry that began during the Biden administration and has continued under Trump, according to four people familiar with it. ...Less

  • US SEC says no to new crypto rules; Coinbase asks court to review

    The five-member commission, in a 3-2 vote, said it would not propose new rules because it fundamentally d ...More

    The five-member commission, in a 3-2 vote, said it would not propose new rules because it fundamentally disagreed that current regulations are "unworkable" for the crypto sphere, as Coinbase has argued. Coinbase later said it had filed a petition for review of the SEC's decision in court. ...Less

  • Coinbase to launch new lending platform aimed at large institutional investors

    The crypto industry, which was reeling from several high profile failures, got a boost last week after a ...More

    The crypto industry, which was reeling from several high profile failures, got a boost last week after a three-judge panel ruled that the Securities and Exchange Commission (SEC) was wrong in rejecting Grayscale's proposed bitcoin ETF without explaining its reasoning. ...Less

  • Coinbase settles with New York regulators for $100 million

    Coinbase, a publicly-traded firm and one of the largest global crypto exchanges, has been under scrutiny ...More

    Coinbase, a publicly-traded firm and one of the largest global crypto exchanges, has been under scrutiny from DFS and other regulators. It has previously disclosed receiving investigative subpoenas and requests from the US Securities and Exchange Commission for documents and information. ...Less

  • U.S. crypto exchange Coinbase secures Bermuda licence

    Coinbase has secured a license to operate its digital assets business in Bermuda as part of its global ex ...More

    Coinbase has secured a license to operate its digital assets business in Bermuda as part of its global expansion plans, and is reportedly in talks regarding a license in Abu Dhabi. The move comes as Coinbase CEO Brian Armstrong warns that crypto firms may be forced to develop in offshore havens if the US and UK do not create regulatory clarity. The exchange is also apparently looking to launch a crypto derivatives exchange in Bermuda. Meanwhile, US regulators are becoming increasingly active against crypto firms, with the SEC threatening to sue Coinbase in March. ...Less

  • Coinbase CEO Brian Armstrong hits back at SEC chair after lawsuit, says user funds are safe

    The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities that should have ...More

    The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon. ...Less

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