Coinbase lost around $300,000 when an MEV bot swiftly drained funds due to a contract misconfiguration involving 0x Project’s switcher. No customer accounts or funds were affected. Coinbase classed the incident as isolated. A new security breach in decentralized finance highlights the risks of token approval protocols and MEV (maximal extractable value) strategies targeting crypto…
On Tuesday, Coinbase took bold steps toward stronger regulatory compliance in the EU by announcing a partnership with Crypto Risk Metrics, a German provider of compliance and data solutions. Earlier in June, Coinbase secured its MiCA license from Luxembourg, allowing the exchange to offer the full range of its products to all EU member states….
Coinbase just announced in-app DEX trading, a long-awaited feature to make decentralized trading accessible. The Base blockchain will manage this service for now, prompting several of its tokens to appreciate in value. Due to BitLicense requirements, this rollout only impacts US users outside New York State. Traders can now access decentralized markets with significantly fewer…
Coinbase is working on full integration of every token built on Base, its in-house Ethereum Layer 2 (L2). The move by the publicly traded crypto exchange, known for regulatory compliance and retail accessibility, could be a game-changing shift. Coinbase Flips the Switch with Every Base Token Amidst Coinbase’s plans to reshape its product model, the…
Coinbase Layer-2 network, Base chain, experienced an outage on Tuesday, temporarily halting block production. While the situation was resolved shortly after, it rekindled concerns over sequencer centralization. Base Chain Temporary Outage: Everything Users Need to Know Base chain suffered an outage on Tuesday, causing a temporary halt in block production. Data on Basescan, the Base…
Coinbase’s controversial new ad split the UK’s crypto community. The commercial depicts a grim economic future for Britain, but doesn’t propose the benefits of Web3 as an alternative. Some commentators loved the ad, while others feared that Britons outside the crypto community would find it distasteful. Either way, the commercial has become viral on social…
Base creator Jesse Pollak is calling on crypto funds to seize a “no-brainer” opportunity to take a $5 million+ long position in a diversified index of on-chain creator coins. The interest comes amid growing interest in the on-chain economy at both institutional and political levels. On-Chain Creator Coins as a New Investment Frontier Jesse Pollak’s…
Coinbase released its Q2 2025 Earnings Report, showing dramatic declines in user activity, total revenue, and adjusted net income. Correspondingly, the exchange’s stock valuation fell dramatically. However, Coinbase suggested that lower asset volatility and global spot volumes made this a difficult quarter, even if its own metrics underperformed. It pointed to growing USDC usage and…
Coinbase exchange is among the firms accelerating the “Saylorization” trend, progressively growing its Bitcoin (BTC) stockpile. Amidst its push to become an everything exchange, the platform also forays into tokenized stocks. However, users remain dissatisfied with the platform’s account freezes and suspensions, despite recent fixes. Coinbase Expands Bitcoin Holdings and Launches Tokenized Stock Platform in…
Coinbase, the leading US-based cryptocurrency exchange, has expanded its offerings by deciding to add trading support for two altcoins: BankrCoin (BNKR) on the Base network and Treehouse (TREE) on the Ethereum (ETH) network. The crypto listings have spurred significant market activity, with both tokens experiencing short-term price surges following Coinbase’s announcement. BNKR and TREE Secure…