Coinbase

Coinbase suspends peso-to-USDC trading in Argentina

January 5, 2026 1 min read

Coinbase exchange announced it will cease peso-to-USDC transactions in Argentina effective January 31, 2026. The exchange made this decision eleven months after receiving authorization to operate in the country. On December 31, 2025, Coinbase informed its users in Argentina that they would no longer be able to deposit pesos or convert them into the USDC stablecoin. Users were instructed to withdraw their remaining balances or modify their finances prior to

The SEC reportedly investigates whether Coinbase inflated its user metrics in its public filings

May 16, 2025 2 mins read

The U.S. Securities and Exchange Commission (SEC) is currently investigating Coinbase to determine if the cryptocurrency exchange misled investors by overstating its user metrics during its public debut in 2021. This investigation was first reported by The New York Times, which cited anonymous sources indicating that the SEC is examining Coinbase’s past disclosures, particularly its registration statement for its direct listing. At that time, Coinbase claimed to have over 100

Coinbase launches a $20 million bounty

May 15, 2025 1 min read

Coinbase has announced a $20 million reward program aimed at identifying and prosecuting those responsible for a recent data breach involving bribed customer service agents and extortion attempts. The breach, which affected less than 1% of the company’s monthly transacting users, involved cybercriminals paying overseas support staff to access sensitive customer information from internal systems. However, Coinbase reassured users that passwords, private keys, and access to customer funds were not

Coinbase to acquire Deribit

March 23, 2025 1 min read

Coinbase is in advanced talks to acquire Deribit, a leading trading platform for bitcoin and ether options. This information comes from Bloomberg, which cites anonymous sources. Both companies have informed Dubai regulators about these discussions, as Deribit holds a license there. Any buyer would take over this license. Coinbase is the largest crypto exchange in the U.S., while Deribit is the biggest for options trading. Coinbase has not confirmed the

Coinbase acquires the Iron Fish team

March 8, 2025 1 min read

Privacy is very important today, especially with new technologies like blockchain. Blockchain is known for being efficient, secure, and unchangeable, but it still needs improvements since it is still developing. Recently, Coinbase acquired the Iron Fish team to enhance the privacy features of its Base blockchain. Iron Fish announced on X that its team would join Base to improve privacy. Base confirmed this news, stating that it is only acquiring

SEC set to drop lawsuit against Coinbase

February 22, 2025 1 min read

Coinbase, a US-based cryptocurrency exchange, is experiencing a significant development. The Securities and Exchange Commission (SEC) has reportedly agreed to dismiss its lawsuit against Coinbase. This news was shared by Coinbase in a blog post on February 21. CEO Brian Armstrong also discussed it in an interview with CNBC. Paul Grewal, Coinbase’s chief legal officer, stated that the SEC staff has agreed to dismiss the case, pending approval from the

Coinbase launches Proof of Reserves for cbBTC

February 20, 2025 1 min read

Coinbase has launched Proof of Reserves (PoR) for its cbBTC token. This initiative aims to reassure users that each cbBTC is backed 1:1 by Bitcoin. The move addresses concerns about transparency and centralized control in the crypto sector. According to the PoR data, Coinbase holds 26,525.15 BTC to back a supply of 26,461.05 cbBTC tokens. These tokens are distributed across various networks. Ethereum has the largest share with 16,080 cbBTC.

Coinbase revenue surges by over 130% post-election rally

February 14, 2025 1 min read

Coinbase has recently made headlines as the cryptocurrency market faces a weekend slump. The exchange released its fourth-quarter reports, revealing a significant increase in revenue. This surge came amid ongoing regulatory updates. Bitcoin is currently consolidating at $96,000, trying to reach the $100,000 mark. In its fourth-quarter report, Coinbase reported a revenue of $2.27 billion, nearly double the expected $1.88 billion. This impressive performance led to a 2% rise in

Coinbase CLO Paul Grewal will testify before Congress against Operation Choke Point 2.0

February 6, 2025 1 min read

Paul Grewal, the Chief Legal Officer of Coinbase, is set to testify before Congress about Operation Choke Point 2.0. His goal is to advocate for fair regulations for the cryptocurrency industry. This testimony is part of a larger plan to build a better relationship between the crypto sector and the US government. Coinbase has faced legal challenges to expose past regulatory issues while also being open to new laws that

Coinbase acquires Spindl

February 1, 2025 1 min read

Coinbase has acquired Spindl, an on-chain ads and attribution platform. The announcement was made on January 31. This acquisition is part of Coinbase’s strategy to attract the next billion users to the blockchain. With Spindl, Coinbase aims to enhance its on-chain advertising efforts. The platform will assist developers in creating applications that draw more users into the blockchain and web3 ecosystem. Spindl will address the “onchain discovery problem” that many

Coinbase secures a license to operate in Argentina

January 30, 2025 2 mins read

Coinbase has obtained a Virtual Asset Services Provider license in Argentina. This allows the exchange to operate legally in the country’s growing crypto market. With this license, Coinbase can compete with Binance, which received the same license in October. Instead of expanding throughout Latin America, Coinbase is focusing on community engagement and building local business relationships. The company is dedicated to regulatory compliance globally. Recently, it delisted Tether in the

Coinbase CEO Brian Armstrong champions Bitcoin over gold

January 24, 2025 2 mins read

Coinbase CEO Brian Armstrong has stated that Bitcoin is a “better form of money” than gold. He highlights Bitcoin’s scarcity, portability, and divisibility as major benefits. Armstrong predicts that Bitcoin’s market cap, currently around $2 trillion, could exceed gold’s $18 trillion in 5 to 10 years. He encourages governments to invest part of their gold reserves in Bitcoin, viewing it as a more reliable store of value. Armstrong‘s comments followed