Hackers Had Access to Coinbase Customer Data Since January: Report
Insiders claim hackers had access since January, but Coinbase maintains their window was limited after detection of suspicious activity.
Coinbase News and Updates
Coinbase is one of the veteran cryptocurrency exchanges. It was founded in June 2012 and since then allows its users to transact between FIAT and digital currencies. The company is based in San Francisco, USA.
Coinbase was established by Fred Ehrsam and Brian Armstrong, who’s also the current CEO. It has grown substantially since its launch, and it is currently the leading regulated US-based cryptocurrency exchange.
Apart from providing a platform for individuals, Coinbase also offers a solution for institutional investors. It’s called Coinbase Prime. The Prime platform offers more robust and complex trading tools, geared toward larger investors.
Besides, the company launched in 2018 a custody service, which provides its clients with an institutional-grade offline storage solution. It is also regulated by the New York Department of Financial Services (NYDFS) and operates as an independently capitalized entity.
It’s safe to say that Coinbase is working towards the establishment of an entire ecosystem where traders can purchase, store, and sell cryptocurrencies in a secure and regulated manner.
Recent Coinbase News
Coinbase Shares Jump as Company Prepares to Join S&P 500
Coinbase shares climbed in after-hours trading on Monday after it announced that it was joining the S&P 500.
Coinbase to Acquire Leading Crypto Derivatives Platform Deribit for $2.9 Billion
There were rumors on the matter in the past few months, but Coinbase confirmed the move earlier today.
Bitcoin’s $100K Stumble Coincides With US Whales Pulling Back, Analyst Says
The premium's mid-April peak coincided with BTC's $98K rally before reversing into negative territory during the correction.
Movement Labs Suspends Co-Founder Amid Market Maker Scandal: Full Details
Movement Labs suspends Rushi Manche after $38M token dump scandal, exposing reckless market-making deal with obscure Chinese firm.
Whale Buying Pressure on Binance and Coinbase Pushes Bitcoin (BTC) Higher
Strategic whale movements on major exchanges like Binance and Coinbase are propelling Bitcoin's momentum as it trades above $94,000.
Ripple (XRP) Faces New Legal Challenges But It’s Not the SEC This Time: Details
XRP, SOL, and ADA are among the well-known altcoins deemed securities in the case.
Coinbase Identifies Signs of Potential Crypto Winter Amid Economic Headwinds
Bitcoin and top tokens broke below 200DMA, which historically points to a continued downtrend across crypto markets.
US vs. Korea: The Surprising Split in Bitcoin (BTC) Trader Behavior
Market signals from Coinbase suggest potential Bitcoin recovery but Korean investors remain cautious and slow to re-enter the market.
ZachXBT Slams Coinbase for Account Lockouts, Undisclosed Breach Leading to User Losses
ZachXBT lashed out at Coinbase for locking him out twice and failing to disclose a data breach.
