- 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

- 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

- 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

- 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

- 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

- 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

- 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

- 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

- Bitcoin crash warning? $2.8 billion ETF outflows shake crypto market as BTC USD falls below $72,000 today - here's what traders need to know
Bitcoin BTC USD crash prediction: Investor confidence in crypto is waning. Billions are exiting Bitcoin E ...More
Bitcoin BTC USD crash prediction: Investor confidence in crypto is waning. Billions are exiting Bitcoin ETFs. Capital is flowing into the strong US stock market. AI stocks are drawing significant attention. Bitcoin prices have fallen below $74,000. On-chain data shows weakening demand. This trend mirrors past bear markets. Long-term holders are increasing but new buyers are scarce. ...Less

- Trump reiterates vision to make US the Crypto Capital of World. Here is what experts say
President Donald Trump is defending the cryptocurrency and prediction market industries. He is opposing s ...More
President Donald Trump is defending the cryptocurrency and prediction market industries. He is opposing state-led efforts to restrict these sectors. Federal authorities and state governments are in a dispute over regulatory control. Trump's family has financial ties to these industries. The outcome will shape the future of prediction markets across the US. ...Less

- US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...
ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively ...More
ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively towards artificial intelligence-driven operations. CEO Zeb Evans said the move is part of a broader plan to achieve “100x output” using AI tools and automation. He also stated that employees who deliver exceptional results with AI could qualify for significantly higher salary bands. The development reflects a wider trend across the tech industry, where companies are embracing AI while simultaneously reducing headcount. ...Less

- Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workers
Amazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages ...More
Amazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He argued that AI will augment human roles, not replace them entirely, enabling work at a higher level. This comes amid layoffs at the company, though Bezos claims they weren't AI-driven. ...Less

- Govt flags ‘high-risk’ crypto system in note to Parliamentary panel
India's virtual digital asset sector is now high risk. Intelligence reports reveal extensive illegal acti ...More
India's virtual digital asset sector is now high risk. Intelligence reports reveal extensive illegal activities including drug trafficking and money laundering. Authorities are increasing financial surveillance and enforcement. Tax collections from VDAs are rising. New rules require reporting entities to disclose crypto transactions. Officials propose linking crypto ownership with PAN and uniform valuation norms to strengthen oversight. ...Less

- Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucks
A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Att ...More
A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits for AWS, Azure, and OpenAI at reduced prices, with some facing activation issues and restrictions. These messages are from founders, engineers and student builders. ...Less

- ‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason why
Tech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and Pay ...More
Tech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments. Companies are prioritizing experienced engineers who can integrate AI into business systems, leading to a surge in demand for AI translators and hybrid roles. ...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

- 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

- Bitcoin price (BTC USD) surges above $82,000 after major US crypto bill clears senate committee vote - here's what traders need to know about the Clarity Act
US crypto regulation bill Clarity Act explained: The Clarity Act, a significant US crypto market structur ...More
US crypto regulation bill Clarity Act explained: The Clarity Act, a significant US crypto market structure bill, advanced out of the Senate Banking Committee with bipartisan support. This development aims to clarify digital asset regulation by assigning oversight to the CFTC and SEC, potentially boosting institutional participation. Bitcoin saw a brief price increase following the news. ...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

- Amazon cloud outage at North Virginia data center largely resolved
Amazon's cloud infrastructure is on the mend after an unexpected overheating incident led to outages affe ...More
Amazon's cloud infrastructure is on the mend after an unexpected overheating incident led to outages affecting numerous services, including Coinbase. This is the second time in recent months that temperature issues have plagued their data centers. As Amazon diligently works to reinstate full service capabilities, a timeline of several hours has been projected for complete restoration. ...Less

- Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?
The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on cryp ...More
The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. history. The Senate Banking Committee debates over 100 amendments before deciding whether to advance the 309-page Digital Asset Market CLARITY Act to the full Senate floor. The White House targets a July 4 signing. That timeline is tight but possible if the 60-vote Senate threshold holds. The GENIUS Act cleared 68-30 last year; the CLARITY Act faces a similar path. ...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

- US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopes
US stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip st ...More
US stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter inflation data. Producer prices surged, reinforcing expectations of prolonged Fed tightening. Markets also tracked Trump-Xi talks and rising geopolitical risks, while Morgan Stanley lifted its S&P target. ...Less

- Cloudflare to cut about 20% of 5,000-plus workforce as AI adoption reshapes operations
Cloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,10 ...More
Cloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,100 global employees. This restructuring is driven by the company's rapid adoption of artificial intelligence tools and a shift towards an 'agentic AI-first operating model.' Despite stronger first-quarter results, the company forecasts second-quarter revenue slightly below expectations. ...Less

- Coinbase says deal reached on key provision of crypto bill
A significant breakthrough has been reached in U.S. crypto legislation. Coinbase confirmed a deal on a cr ...More
A significant breakthrough has been reached in U.S. crypto legislation. Coinbase confirmed a deal on a crucial provision, paving the way for the bill's advancement in the Senate. This development addresses concerns over stablecoin rewards, aiming to foster crypto adoption while balancing banking interests. ...Less

- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, others
Tech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, d ...More
Tech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major players like Meta, Coinbase, and Freshworks are restructuring, leading to leaner teams and a shift towards efficiency. ...Less

- Airbnb says AI now pens 60% of its code as tech firms trim teams
Airbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature develop ...More
Airbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature development and improving API partner tools. AI also boosts customer support, resolving 40% of issues without human intervention. Managers are increasingly using AI coding tools, though future team structures remain uncertain. ...Less

- Cloudflare shares plunge 18% after earnings report as AI-driven layoffs rattle investors
Cloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to ...More
Cloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to cut over 1,100 jobs, about 20% of its workforce. This strategic pivot to an "agentic AI-first operating model" overshadowed the earnings beat, raising investor concerns about execution risks despite an optimistic long-term AI outlook. ...Less

- Salesforce CEO Marc Benioff says AI won’t wipe out entry-level jobs. He’s hiring 1,000 graduates to prove it
Salesforce CEO Marc Benioff announced the company is hiring 1,000 graduates and interns to build its AI s ...More
Salesforce CEO Marc Benioff announced the company is hiring 1,000 graduates and interns to build its AI systems, directly challenging fears of AI eliminating entry-level jobs. These new hires will join the "Futureforce" program, powering cutting-edge AI projects like Agentforce and Headless360, countering a narrative of job displacement with data showing increased graduate hiring and decreased youth unemployment. ...Less

- TMC worker with fake bandage on head exposed on LIVE TV, 'ab sahi se patti hogi', says internet. Watch viral video
A viral video shows a TMC worker accusing BJP supporters of assault, but later, men removed her head band ...More
A viral video shows a TMC worker accusing BJP supporters of assault, but later, men removed her head bandage, revealing no injury. This incident, occurring amidst post-election violence in Bengal where BJP secured a landslide victory, has sparked widespread online mockery. Netizens drew comparisons to Mamata Banerjee, criticizing the alleged staged injury. ...Less

- 409 gold coins buried for 100 years found beneath the remains of a destroyed home; mystery owner still unknown
A remarkable discovery of 409 gold coins, hidden for over a century, was unearthed beneath a house in Tor ...More
A remarkable discovery of 409 gold coins, hidden for over a century, was unearthed beneath a house in Torzhok, Russia. The coins, dating from 1848 to 1911, were found in a ceramic pot during rescue excavations. Experts believe they were hidden during the 1917 Russian Revolution, but the owner's identity remains a mystery. ...Less

- Crypto investor Katie Haun raises $1 billion for new funds, expands to AI agents
Former prosecutor Katie Haun has secured $1 billion for new venture funds, focusing on crypto and blockch ...More
Former prosecutor Katie Haun has secured $1 billion for new venture funds, focusing on crypto and blockchain companies, with a strategic blend of AI and financial services. Her firm, Haun Ventures, aims for global investments, leveraging her unique background in law enforcement and tech to navigate evolving markets and policy landscapes, despite past industry volatility. ...Less

- CFTC sues New York to block oversight of prediction markets
The CFTC sued New York, alleging the state's lawsuits against prediction market operators like Coinbase a ...More
The CFTC sued New York, alleging the state's lawsuits against prediction market operators like Coinbase and Gemini infringe on federal regulatory authority. New York's Attorney General argued these markets are gambling and violate state consumer protection laws, a stance criticized by the CFTC as overreach. ...Less

- Crypto-backed mortgage explained: How are Bitcoin (BTC USD) and USDC stablecoins changing home financing with a new mortgage structure?
Crypto-backed mortgage explained: Home financing is evolving as a new mortgage model allows buyers to use ...More
Crypto-backed mortgage explained: Home financing is evolving as a new mortgage model allows buyers to use Bitcoin or USDC as collateral for down payments, partnering with Coinbase. While avoiding immediate crypto sales and potential tax deferrals, this approach leads to significantly higher monthly payments compared to traditional mortgages, impacting affordability for many. ...Less

- Cathie Wood sells $74-million shares of this semiconductor company after stock skyrockets 72% in one month
Cathie Wood sold over $74 million in Advanced Micro Devices shares after a sharp rally, while buying Amaz ...More
Cathie Wood sold over $74 million in Advanced Micro Devices shares after a sharp rally, while buying Amazon stock. Despite outflows from ARK ETFs, she remains bullish on innovation and dismissed concerns about an AI-driven market bubble forming soon. ...Less

- AI will kill design jobs, says Figma investor Gokul Rajaram; industry vigorously disagrees
Rajaram, who has invested in various tech companies, is best known for building Google’s advertising netw ...More
Rajaram, who has invested in various tech companies, is best known for building Google’s advertising network AdSense and scaling it to over $1 billion in revenues. He currently serves as a board member at Pinterest and has invested in the design tool Figma, among others. ...Less

- Why did Bitcoin price (BTC USD) and crypto stocks fall today after Fed chair nominee Kevin Warsh's hearing? Here's what he said about Trump, Fed independence and interest rate decisions
Bitcoin price (BTC USD) and crypto stocks today: Crypto markets saw a dip on Tuesday. Investors reacted t ...More
Bitcoin price (BTC USD) and crypto stocks today: Crypto markets saw a dip on Tuesday. Investors reacted to Fed nominee Kevin Warsh's Senate testimony. Warsh stressed central bank independence and denied any pressure from Trump on interest rates. He also acknowledged digital assets as part of the financial system. Broader markets and crypto stocks also moved lower. ...Less

- Bitcoin strongest since February amid mid-east hopes
Bitcoin surged to its highest point since early February. This rise followed positive comments from the U ...More
Bitcoin surged to its highest point since early February. This rise followed positive comments from the US and Iran, sparking hope for a Middle East conflict resolution. Other digital assets also saw gains. Equities climbed as Iran declared the Strait of Hormuz open for commercial traffic. This development encouraged traders to embrace riskier assets. ...Less

- Why are US stock market futures up today, and will S&P 500, Dow Jones and Nasdaq stay in green or turn red again? Wall Street futures, stocks to watch, analysts insights, investor guide and market outlook
Why are US stock market futures up today, and will S&P 500, Dow Jones and Nasdaq stay in green or turn re ...More
Why are US stock market futures up today, and will S&P 500, Dow Jones and Nasdaq stay in green or turn red again? US stock futures moved higher after a ceasefire extension between the United States and Iran. Investors tracked earnings, oil prices, and economic signals. Major companies including Boeing, Tesla, and Adobe moved in premarket trading. Analysts say markets want stability but risks remain. Investors are now watching earnings, geopolitics, inflation, and consumer strength. ...Less

- Every rupee saved in supply chain costs goes back to customers: Zepto's Aadit Palicha at YC Startup School
Zepto aims to be India's top grocery delivery platform in the next four to five years. Cofounder Aadit Pa ...More
Zepto aims to be India's top grocery delivery platform in the next four to five years. Cofounder Aadit Palicha believes this success could position Zepto as India's own Amazon. The company is preparing for a significant IPO, engaging with investors. Palicha highlighted the importance of early focus and operational efficiency in their growth strategy. ...Less

- Bitcoin price crosses $77,000 after breakout, experts eye $80k next amid global boost
Bitcoin price moved above $77,000 after strong market buying and positive global news. Investors are watc ...More
Bitcoin price moved above $77,000 after strong market buying and positive global news. Investors are watching closely as the market shows signs of recovery. Companies linked to crypto are also seeing gains. Experts believe the next big level could be higher if momentum continues. However, market risks and global events can still affect the price direction in the short term. ...Less

- Cathie Wood vs Michael Burry: The $11 million Palantir bet that’s splitting Wall Street
Cathie Wood bought $11 million worth of Palantir Technologies shares, boosting ARK ETFs’ holdings to over ...More
Cathie Wood bought $11 million worth of Palantir Technologies shares, boosting ARK ETFs’ holdings to over ₹283 crore, even as Michael Burry remains bearish. The funds also sold over $10 million worth of Advanced Micro Devices shares. ...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

- Stock futures market today: Bitcoin, Cryptocurrency-linked firms, Soleno Therapeutics stocks to watch out on Monday as S&P 500, Nasdaq, Dow set for mixed start
Stock Market futures today: Bitcoin prices jumped on Monday as U.S.-listed shares of cryptocurrency-linke ...More
Stock Market futures today: Bitcoin prices jumped on Monday as U.S.-listed shares of cryptocurrency-linked firms rose, with Coinbase and Strategy up 3.2 per cent and 4 per cent, respectively. ...Less

- US stocks today: US stocks end higher as investors parse US-Iran negotiations, threats
As eyes turn towards international events, Indian investors are paying close attention. US stock markets ...More
As eyes turn towards international events, Indian investors are paying close attention. US stock markets experienced a rally, fueled by hopeful signs surrounding US-Iran ceasefire negotiations. President Trump's assertive remarks concerning the Strait of Hormuz seem to have boosted market confidence. ...Less
- A16z-backed Yupp AI shuts down operations; here is why
Launched for public use in June last year, Yupp was a free-to-use platform that provided users with respo ...More
Launched for public use in June last year, Yupp was a free-to-use platform that provided users with response options generated by over 500 generative AI models, including OpenAI's ChatGPT, Anthropic's Claude, Google's Gemini, and models from Mistral. In addition to accessing multiple outputs, users could earn credits by providing feedback on their preferred responses. ...Less
- Selling by Bitcoin ‘whales’ blunts institutional demand
Institutional buying has picked up, but Bitcoin demand remains weak as whales and broader market particip ...More
Institutional buying has picked up, but Bitcoin demand remains weak as whales and broader market participants continue to sell, according to CryptoQuant. Despite a brief rebound in March, sustained negative accumulation and slowing mid-tier investor activity signal persistent structural headwinds that could keep Bitcoin stuck in a broader bear trend. ...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 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 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 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 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 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 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
- 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
- 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
- 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 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
- 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
- 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
- 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
- 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 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
- Tokenisation startup Midas raises $50 million in early-stage funding round
German startup Midas secured fifty million dollars in early-stage funding. The company transforms investm ...More
German startup Midas secured fifty million dollars in early-stage funding. The company transforms investment products into digital tokens for blockchain trading. Large institutions are showing interest in tokenised assets. Midas plans to invest the funds into its core infrastructure. Expansion into the United States is on the roadmap. ...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
- 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
- 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
- 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
- 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
- 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 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 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, 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
- 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 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