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SEC Probes Coinbase’s Discontinued ‘Verified User’ Claims: NYT 


The New York Times (NYT) reported Thursday that the Securities and Exchange Commission is investigating whether Coinbase misrepresented its now-discontinued “verified user” metric in past disclosures, according to David Yaffe-Bellany and Matthew Goldstein. The probe, citing over 100 million users...

Coinbase fires compromised agents in India, says security chief


Coinbase has reportedly fired a group of customer support agents following their alleged involvement in social engineering attacks on users. The contracted agents were based in India. According to a May 15 Fortune interview, Coinbase's chief security officer, Philip Martin, said the company flagged...

Coinbase Data Breach: Rogue Agents Leak User Info, $20M Hunt Begins


Coinbase suffered a data breach after bribed overseas support agents enabled access to sensitive user data. A $20 million reward fund has been set up to aid the investigation. Hackers Bribe Support Staff to Steal Coinbase User Data in Stealth Attack Crypto exchange Coinbase (Nasdaq: COIN) disclosed...

Coinbase refuses $20M ransom after support agent data breach


Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data, the company said.According to a May 15 blog post, Coinbase said a group of external actors bribed and coordinated...

Coinbase’s x402: Crypto payments over HTTP for AI and APIs


What is HTTP 402, and why does it matter? The web was not really built with payments in mind, especially not for autonomous agents or machines. But with the rise of AI and decentralized finance (DeFi), the need for seamless, native digital payments has never...

Nasdaq-listed BTCS to boost ETH holdings with $57.8M raise


Publicly traded company BTCS announced a $57.8 million financing agreement led by investment firm ATW Partners to purchase Ether as it expands its blockchain infrastructure strategy. The Rockville, Maryland-based company announced the deal on May 14, saying that the move will allow it...

The value of virtual: Economies are powered by ownership of the intangible


Opinion by: Yat Siu, executive chairman and co-founder, Animoca BrandsA discussion on digital property rights, copyright, intellectual property, the open metaverse, AI and value without physical form.When I attend conferences and similar public events, someone almost always approaches me to ask...

Coinbase CEO looking at more acquisitions after $2.9B Deribit buy


Coinbase CEO Brian Armstrong says his firm will continue to look for merger and acquisition opportunities after acquiring crypto derivatives platform Deribit.“We are always looking at M&A opportunities,” said Armstrong on Bloomberg Television on May 14.He added that the firm has...

Coinbase CEO: Crypto Is About to Be in Everyone’s 401(k)


Crypto is storming into traditional finance as Coinbase’s CEO predicts 401(k) adoption, institutional momentum surges, and digital assets reshape retirement investing and market benchmarks. Crypto Crashes the 401(k) Party With Unstoppable Institutional Force Institutional momentum and...

Coinbase invests in Canadian stablecoin issuer


Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas Matheson, the exchange is investing...

Coinbase invests in Canadian stablecoin issuer


Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas Matheson, the exchange is investing...

Bitcoin Eyes $105K as Coinbase Surges 24%; Rally Has More Room, Says Analyst


Bitcoin BTC climbed back above $104,000 on Tuesday with welcome fresh inflation data, President Trump's bullish outlook on financial markets, and Coinbase's inclusion into the S&P 500 among catalysts for the advance.April’s Consumer Price Index (CPI) came in cooler than anticipated, which...

$1B Bitcoin exits Coinbase in a day as analysts warn of supply shock


Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.On May 13, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest...

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