Coinbase | Crypto

The judge suggested that a brief stay while awaiting a ruling in a similar case in the appellate court could “reduce the burden of litigation.” An Illinois judge has granted a motion to stay proceedings in a lawsuit against cryptocurrency exchange Coinbase pending a ruling in the appellate court. In a Thursday filing in the US District Court for the Northern District of Illinois Eastern Division, Judge Sharon Johnson Coleman granted a motion filed by Coinbase to stay a lawsuit involving alleged violations of the state’s Biometric Information Privacy Act. The motion requested waiting for a ruling from the US Court of Appeals for the Seventh Circuit, which is considering a case involving Nuance Communications supplying voice identification technology to Charles Schwab — a decision that could impact the Coinbase lawsuit.  Read more

The forecast, which was published on Thursday, came amid renewed interest in stablecoins from several governments around the world. The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin issuers, who use short-term US Treasury bills as backing collateral for their digital fiat tokens. This issuance schedule would cause a minor and temporary drop in three-month Treasury yields of about 4.5 basis points (BPS), contrary to analyst predictions that demand from stablecoin issuers will significantly reduce the interest on US government debt. Coinbase wrote: Read more

Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote worker policy to gain access to its sensitive systems. In response, Coinbase CEO Brian Armstrong is rethinking the crypto exchange’s internal security measures, including requiring all workers to receive in-person training in the US, while people with access to sensitive systems will be required to hold US citizenship and submit to fingerprinting. Read more

Coinbase CEO Brian Armstrong has projected that Bitcoin could reach $1 million by 2030, In an Aug. 20 post on X, Armstrong explained that the improved regulatory environment and increasing government adoption are major drivers that would push the top crypto to the historic milestone. According to him: “Regulatory clarity is finally emerging, the US […] The post Coinbase’s Brian Armstrong envisions $1 million Bitcoin by 2030 appeared first on CryptoSlate.

Stablecoins could swell to a $1.2 trillion market by 2028 and begin exerting pressure on U.S. debt markets, according to an Aug. 21 Coinbase report. The projection, based on thousands of growth simulations, outlines a path for the market to expand nearly 5x from its current size of $270 billion. The report comes as the […] The post Coinbase sees stablecoin market growing 5x to $1.2T by 2028 appeared first on CryptoSlate.

Coinbase lost market dominance despite leading MoM volume growth, amidst mounting competitive pressures from other global exchanges.

Stablecoins have been projected by Keyrock and Bitso to surpass $1T in annual payments by 2030. USDT and USDC have expanded, while lower on-ramp fees via Coinbase–MetaMask on Base and cash access through Stellar’s work with MoneyGram Ramps in 170+ countries have supported adoption. The post Stablecoins Surge as On-Ramp Fees Fall – Coinbase, MetaMask Target Cheaper USDC appeared first on Cryptonews.

The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients. Update, Aug 14, 22:34 UTC: This article has been updated to show that Coinbase has completed six acquisition deals in 2025. Crypto exchange Coinbase closed the acquisition of Deribit, the world’s largest crypto options trading platform by volume, adding to its portfolio of digital asset businesses. Trading volumes on Deribit topped $1 trillion in 2024, and the platform has a “loyal base” of institutional and sophisticated traders, Coinbase said on Thursday. Read more

Coinbase lost $300,000 in token fees after mistakenly approving assets to a 0x swapper contract, enabling an MEV bot to drain its corporate wallet. Coinbase lost about $300,000 in token fees after mistakenly approving assets to a 0x Project smart contract, allowing a maximal extractable value (MEV) bot to drain the funds. Deebeez, a security researcher at Venn Network, flagged the incident in a Wednesday post on X. He said Coinbase’s corporate wallet interacted with 0x’s “swapper” contract, a permissionless tool designed to execute swaps but not to receive token approvals. Since anyone can call the contract to perform arbitrary actions, granting approvals can expose assets to immediate theft. “This same swapper is known to have had issues with Zora claims on Base,” the researcher wrote, linking to past cases where the setup enabled malicious actors to extract funds without exploiting code vulnerabilities. Read more

BTC price gains may be around the corner as institutional Bitcoin demand puts in a classic bullish move. Key points: Coinbase’s institutional Bitcoin trading volume hits 75%, something that has always seen the BTC price rise a week later. Institutions are buying a lot more Bitcoin than is being mined daily. Read more

Coinbase has revived its fund to boost USDC liquidity in DeFi, starting with supporting the stablecoin on Aave, Morpho, Kamino, and Jupiter. Coinbase is relaunching its Stablecoin Bootstrap Fund first introduced in 2019 to boost the liquidity of the stablecoin USDC in a range of popular and emerging decentralized finance protocols. Coinbase said on Tuesday its first placements will provide USDC (USDC) liquidity into Ethereum-based lenders Aave and Morpho, and Solana-based trading platforms Kamino and Jupiter. “As we scale the fund over time and distribute liquidity across more protocols and stablecoins, we’re particularly eager to collaborate with pre-launch teams or those seeking to drive stablecoin growth from day one,” it added. Read more

Coinbase launched a second Stablecoin Bootstrap Fund to provide additional liquidity for the DeFi ecosystem via USDC. According to an Aug. 12 announcement, the initiative will target protocols across multiple blockchains, starting with Aave, Morpho, Kamino, and Jupiter. Coinbase also invited protocols seeking liquidity to reach out to the exchange.  The fund represents Coinbase’s renewed commitment […] The post Coinbase facilitates DeFi funding via USDC amid $40.7B active loan record appeared first on CryptoSlate.

The broker has an outperform rating on Coinbase shares with a $510 price target.

Coinbase has begun integrating DEX trading directly into its app via Base, expanding user access to millions of tokens compared to the current 300 listed assets, according to an Aug. 8 announcement. The feature allows select US customers, excluding those in New York State, to trade newly created Base-native assets within moments of their launch using […] The post From Aerodrome to Uniswap: Coinbase now routes DEX trades inside its app appeared first on CryptoSlate.

Coinbase legal chief Paul Grewal met with Karnataka IT Minister Priyank Kharge to explore collaboration on developer tools, cybersecurity and blockchain in governance. Paul Grewal, chief legal officer at major crypto exchange Coinbase, met this week with Priyank Kharge, the IT minister of India’s Karnataka state, as the US-based crypto exchange seeks to expand its role in India’s growing digital infrastructure. Grewal publicly thanked Kharge in a Wednesday X post, saying he “is excited to explore how Coinbase can further support Karnataka’s tech leadership.” He said that support could include developer tools, cybersecurity collaboration and capacity-building programs “The future is onchain — and it’s being built here,” Grewal said. Read more

Coinbase unveiled a developer-focused wallet that automatically activates 4.1% rewards on USDC balances. Called Coinbase Developer Platform (CDP) Embedded Wallets, the product is part of and is aimed at giving builders the same secure, scalable infrastructure that powers millions of Coinbase accounts, according to an August 5 announcement. CDP Embedded Wallets support Ethereum Virtual Machine […] The post Coinbase debuts developer wallet with automatic 4.1% USDC rewards, notes regulatory clarity appeared first on CryptoSlate.

The developer tool offers customizable wallets, USDC rewards and deeper integration with Coinbase’s Base app, aligning with recent pro-crypto legislation. Crypto exchange Coinbase is launching a developer tool aimed at simplifying wallet onboarding and boosting technical capabilities, as self-custody gains momentum in the United States following the passage of pro-crypto legislation earlier this month. Offered through the Coinbase Developer Platform (CDP), the Embedded Wallets tool gives developers access to the same infrastructure that will power Coinbase’s forthcoming decentralized exchange, the company disclosed Tuesday. The toolkit offers native rewards in USDC (USDC), the stablecoin issued by Circle. Users can earn 4.1% APY on USDC balances held within the wallets, without requiring staking. According to the Coinbase Developer Platform, this APY can either be retained by developers or passed on to users. Read more

Centralized crypto exchange Coinbase is set to raise $2 billion in convertible senior notes, as COIN sagged in pre-market trading.

Coinbase plans to raise over $2 billion in a dual-tranche offering to fund future investments and stock buybacks. Coinbase may become the first company in the S&P 500 index to acquire Bitcoin from the proceeds of a private note offering, signaling further capital migration from traditional markets into digital assets. Coinbase, the world’s third-largest cryptocurrency exchange, announced Tuesday a $2 billion convertible senior note offering for “qualified institutional buyers,” with $1 billion worth of notes due 2029 and $1 billion due 2032. “The notes will be senior, unsecured obligations of Coinbase and will accrue interest payable semi-annually in arrears,” the company said in the filing. The interest rate and conversion terms will be determined upon final pricing. Read more

Former UK Chancellor and current Coinbase adviser George Osborne says the UK is falling behind in the cryptocurrency market, particularly when it comes to stablecoins. The United Kingdom is falling behind in the digital asset market, particularly in the area of stablecoins, despite the technology’s potential to help the country preserve its leading role in global financial services. That was a central message in a recent Financial Times op-ed by George Osborne, the former UK chancellor turned crypto lobbyist, who joined Coinbase as an adviser last year. “What I see makes me anxious. Far from being an early adopter, we have allowed ourselves to be left behind,” Osborne wrote, referring to his native UK.  Read more