Tag #Coinbase

Showing 1 to 12 of 14 results

forbes.com

🌐 85% Global Worthiness

May 20, 07:12

Bitcoin Reaches Near Four-Month High Amidst Growing Investor Demand

Bitcoin's price exceeded \$107,000 this weekend, a near four-month high, driven by increased investor demand and positive sentiment, potentially influenced by regulatory developments and institutional engagement.

Bitcoin Reaches Near Four-Month High Amidst Growing Investor Demand

Bitcoin's price exceeded \$107,000 this weekend, a near four-month high, driven by increased investor demand and positive sentiment, potentially influenced by regulatory developments and institutional engagement.

Progress

48% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What factors contributed to Bitcoin's recent price surge to near four-month highs?

Bitcoin prices surged to a near four-month high, exceeding \$107,000, driven by increased investor demand and improved market sentiment. This follows a period of volatility and reflects growing institutional interest and positive regulatory developments.

nbcnews.com

🌐 85% Global Worthiness

May 15, 19:11

Coinbase Offers $20 Million Bounty After Data Breach

Coinbase suffered a data breach where thieves stole customer information and demanded $20 million, prompting a $20 million bounty offer; losses are estimated at $180 million to $400 million, affecting less than 1% of monthly users.

Coinbase Offers $20 Million Bounty After Data Breach

Coinbase suffered a data breach where thieves stole customer information and demanded $20 million, prompting a $20 million bounty offer; losses are estimated at $180 million to $400 million, affecting less than 1% of monthly users.

Progress

32% Bias Score

ShareSaveArticle

Peace, Justice, and Strong Institutions

12345678

Previous 1 of 8 Next

What is the immediate impact of the Coinbase data breach on customer trust and the cryptocurrency industry's security?

Coinbase, the largest US cryptocurrency exchange, announced a data breach where thieves stole customer information and demanded a $20 million ransom. Instead of paying, Coinbase offered a $20 million bounty for the criminals' apprehension. The stolen data included names, addresses, contact details, government IDs, transaction history, and partial Social Security numbers.

theglobeandmail.com

🌐 85% Global Worthiness

May 15, 22:13

Coinbase Data Breach: $20 Million Ransom Demand Refused

Coinbase reported a data breach where criminals bribed customer service agents to obtain customer data for social engineering scams; the company refused a $20 million ransom demand and estimates remediation and reimbursement costs between $180-$400 million.

Coinbase Data Breach: $20 Million Ransom Demand Refused

Coinbase reported a data breach where criminals bribed customer service agents to obtain customer data for social engineering scams; the company refused a $20 million ransom demand and estimates remediation and reimbursement costs between $180-$400 million.

Progress

36% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

How did the criminals gain access to Coinbase customer data, and what were the company's previous actions to mitigate such risks?

This incident highlights the vulnerability of large companies to insider threats and social engineering attacks, despite enhanced fraud prevention measures. The breach underscores the significant financial and reputational risks associated with such attacks, impacting customer trust and potentially leading to regulatory scrutiny. Coinbase's response, while decisive in refusing to pay the ransom, reflects the substantial costs involved in handling such breaches.

forbes.com

🌐 85% Global Worthiness

Mar 25, 19:19

SEC Drops Ripple Lawsuit Amidst Broader Crypto Regulatory Shift

The SEC dropped its lawsuit against Ripple, causing XRP to surge 10%, following a 2023 court decision and a broader regulatory shift impacting other crypto firms like Coinbase and Kraken.

SEC Drops Ripple Lawsuit Amidst Broader Crypto Regulatory Shift

The SEC dropped its lawsuit against Ripple, causing XRP to surge 10%, following a 2023 court decision and a broader regulatory shift impacting other crypto firms like Coinbase and Kraken.

Progress

44% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the immediate impact of the SEC dropping its lawsuit against Ripple?

The SEC dropped its four-year lawsuit against Ripple, resulting in a 10% surge in XRP. This follows a partial court victory for Ripple in 2023 and comes amidst the SEC's broader reassessment of crypto regulations.

edition.cnn.com

🌐 85% Global Worthiness

Feb 22, 04:07

Trump Administration Drops Lawsuit Against Coinbase

The Trump administration dropped a major lawsuit against Coinbase, America's largest cryptocurrency exchange, reversing the Biden administration's attempt to regulate it as an unregistered broker, clearing agency, and exchange; this decision followed President Trump's executive order aimed at easing...

Trump Administration Drops Lawsuit Against Coinbase

The Trump administration dropped a major lawsuit against Coinbase, America's largest cryptocurrency exchange, reversing the Biden administration's attempt to regulate it as an unregistered broker, clearing agency, and exchange; this decision followed President Trump's executive order aimed at easing...

Progress

52% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the immediate consequences of the Trump administration dropping its lawsuit against Coinbase?

The Trump administration dropped its lawsuit against Coinbase, America's largest cryptocurrency exchange, which had accused the company of operating as an unregistered broker, clearing agency, and exchange. This decision, coming after President Trump's executive order easing crypto regulations, removes a significant regulatory hurdle for the crypto industry and avoids potential fees or fines for Coinbase.

forbes.com

🌐 85% Global Worthiness

Feb 9, 16:08

Coinbase Executive Implicates Kraken in Potential Knowledge of Satoshi Nakamoto's Identity

Following Donald Trump's election, speculation about Bitcoin's creator, Satoshi Nakamoto, has intensified after a Coinbase executive suggested that the crypto exchange Kraken may know Nakamoto's identity, with their Bitcoin holdings potentially worth over $100 billion, based on blockchain analysis l...

Coinbase Executive Implicates Kraken in Potential Knowledge of Satoshi Nakamoto's Identity

Following Donald Trump's election, speculation about Bitcoin's creator, Satoshi Nakamoto, has intensified after a Coinbase executive suggested that the crypto exchange Kraken may know Nakamoto's identity, with their Bitcoin holdings potentially worth over $100 billion, based on blockchain analysis l...

Progress

60% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

How does the alleged connection between Kraken and Satoshi Nakamoto's potential identity affect the cryptocurrency market and its regulatory environment?

The resurgence of interest in Satoshi Nakamoto is linked to Bitcoin's price surge and Trump's return, fueling speculation of further price increases. A Coinbase executive's claim implicates Kraken, raising questions about the exchange's knowledge of Nakamoto's identity and the implications for Bitcoin's future. This is based on blockchain analysis revealing new wallets linked to Nakamoto and his last known onchain activity in 2014.

npr.org

🌐 90% Global Worthiness

May 19, 13:11

Trump's Crypto Embrace: Coinbase Joins S&P 500 Amidst Warnings of 2008-Style Crisis

President Trump's administration is dramatically shifting U.S. policy toward cryptocurrencies, resulting in regulatory changes that benefit companies like Coinbase, which is joining the S&P 500; however, critics warn of potential financial risks mirroring the 2008 crisis.

Trump's Crypto Embrace: Coinbase Joins S&P 500 Amidst Warnings of 2008-Style Crisis

President Trump's administration is dramatically shifting U.S. policy toward cryptocurrencies, resulting in regulatory changes that benefit companies like Coinbase, which is joining the S&P 500; however, critics warn of potential financial risks mirroring the 2008 crisis.

Progress

52% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What are the immediate impacts of the U.S. government's embrace of cryptocurrencies under the Trump administration?

Under President Trump, the U.S. has dramatically shifted its stance on cryptocurrencies, moving from skepticism to full embrace. This is evident in the SEC dropping lawsuits against major players like Coinbase, and Coinbase's subsequent inclusion in the S&P 500 index. This signals mainstream acceptance and potentially significant financial gains for crypto companies.

euronews.com

🌐 85% Global Worthiness

May 15, 22:13

Coinbase Data Breach: $20 Million Ransom Demand Refused

Coinbase reported a data breach where criminals, having bribed customer service agents outside the US to obtain customer data including names, dates of birth and partial national identification numbers, are demanding a $20 million ransom; Coinbase refused to pay, offering a bounty instead.

Coinbase Data Breach: $20 Million Ransom Demand Refused

Coinbase reported a data breach where criminals, having bribed customer service agents outside the US to obtain customer data including names, dates of birth and partial national identification numbers, are demanding a $20 million ransom; Coinbase refused to pay, offering a bounty instead.

Progress

36% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

How did the criminals obtain the customer data, and what methods are they using to exploit it?

This breach highlights the vulnerability of large companies to internal threats, as the criminals exploited compromised customer service agents. The attackers aim to use stolen data for social engineering scams, targeting customers directly. Coinbase's response, including firing implicated agents and offering a bounty, shows a proactive approach to security.

forbes.com

🌐 85% Global Worthiness

Mar 28, 01:14

Revolut Disrupts European Crypto Market with Ultra-Low-Fee App

Revolut launched a new zero-spread, 9 basis point fee crypto app, Revolut X, in the UK and Europe on March 25th, aiming to increase market share by undercutting competitors like Binance, Coinbase, and PayPal, whose fees range from 80 to 150 basis points; Revolut's average active customer trades 10x ...

Revolut Disrupts European Crypto Market with Ultra-Low-Fee App

Revolut launched a new zero-spread, 9 basis point fee crypto app, Revolut X, in the UK and Europe on March 25th, aiming to increase market share by undercutting competitors like Binance, Coinbase, and PayPal, whose fees range from 80 to 150 basis points; Revolut's average active customer trades 10x ...

Progress

40% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the immediate impact of Revolut's new zero-spread, low-fee crypto trading app on the European cryptocurrency market?

Revolut, a European fintech firm, launched a dedicated crypto app, Revolut X, charging only a 9 basis point fee, significantly undercutting competitors like PayPal (150 basis points) and Coinbase (143 basis points). This zero-spread pricing model aims to boost trading volume and user engagement, prioritizing market share over immediate profitability.

abcnews.go.com

🌐 85% Global Worthiness

Feb 24, 19:09

SEC Closes Robinhood Investigation, Signaling Softer Stance on Crypto

The Securities and Exchange Commission (SEC) closed its investigation into Robinhood, following similar actions against Coinbase and a request to pause litigation against Binance, signaling a more lenient approach to cryptocurrency regulation under the Trump administration.

SEC Closes Robinhood Investigation, Signaling Softer Stance on Crypto

The Securities and Exchange Commission (SEC) closed its investigation into Robinhood, following similar actions against Coinbase and a request to pause litigation against Binance, signaling a more lenient approach to cryptocurrency regulation under the Trump administration.

Progress

48% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the immediate impact of the SEC closing its investigation into Robinhood and similar actions on the cryptocurrency market?

The SEC closed its investigation into Robinhood, deciding against enforcement action. This follows a similar dismissal of a case against Coinbase, and a request to pause litigation against Binance. Robinhood's stock price rose over 2% following the announcement.

forbes.com

🌐 85% Global Worthiness

Feb 18, 01:06

Crypto Boom Fuels Robinhood and Coinbase's Q4 Earnings

Robinhood's Q4 2024 revenue soared 700% year-over-year to $358 million, driven by customer holdings of $8.8 billion in Dogecoin; Coinbase's Q4 net revenue nearly doubled to $2.2 billion, while the crypto industry intensifies lobbying efforts in Washington D.C.

Crypto Boom Fuels Robinhood and Coinbase's Q4 Earnings

Robinhood's Q4 2024 revenue soared 700% year-over-year to $358 million, driven by customer holdings of $8.8 billion in Dogecoin; Coinbase's Q4 net revenue nearly doubled to $2.2 billion, while the crypto industry intensifies lobbying efforts in Washington D.C.

Progress

44% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

How did Coinbase's Q4 2024 performance contrast with its previous financial state, and what factors contributed to this turnaround?

The significant growth in Robinhood's revenue highlights the increasing influence of meme coins and retail investor activity in the cryptocurrency market. Dogecoin's price surge directly impacted Robinhood's profitability, demonstrating the interconnectedness of cryptocurrency valuations and investment platforms. Coinbase's strong Q4 performance, with nearly doubled net revenue and a 1600% increase in net income, further underscores a resurgent retail investor interest in crypto.

abcnews.go.com

🌐 75% Global Worthiness

Jan 15, 01:07

Appeals Court Orders SEC to Better Justify Rejection of Coinbase's Crypto Regulation Request

A federal appeals court ordered the SEC to better explain its rejection of Coinbase's request for clearer cryptocurrency regulations, citing insufficient reasoning in the agency's response and highlighting a pending SEC enforcement action against Coinbase for operating an unregistered platform.

Appeals Court Orders SEC to Better Justify Rejection of Coinbase's Crypto Regulation Request

A federal appeals court ordered the SEC to better explain its rejection of Coinbase's request for clearer cryptocurrency regulations, citing insufficient reasoning in the agency's response and highlighting a pending SEC enforcement action against Coinbase for operating an unregistered platform.

Progress

48% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

How does the court's critique of the SEC's reasoning affect the ongoing enforcement action against Coinbase?

The ruling stems from Coinbase's 2022 petition requesting regulatory clarity on how securities laws apply to cryptocurrencies. The court found the SEC's response lacking, stating that its assertion that existing laws are applicable is insufficient without a reasoned explanation of how this works in practice for digital assets. This lack of clarity creates uncertainty for crypto businesses and highlights the tension between the SEC's enforcement actions and its regulatory framework.

Showing 1 to 12 of 14 results