Coinbase | ForkLog

ForkLog 11 10.06.2025

Coinbase Reports 60% of Fortune 500 Companies Embrace Blockchain

Approximately 60% of executives from Fortune 500 companies have reported engaging in blockchain initiatives, according to the quarterly Coinbase State of Crypto report, as noted by The Block. The study reveals that nearly one in five top managers view on-chain solutions as a crucial component of their firm’s long-term strategy, marking a 47% increase from […]

AI translated

ForkLog 8 10.06.2025

Coinbase Premium Hits Four-Month High Amid Bitcoin Surge

As Bitcoin rallies to $110,000, the Coinbase premium has reached levels last seen in February.

AI translated

ForkLog 112 22.05.2025

Hacker Linked to $300 Million Coinbase Theft Swaps $45 Million via Thorchain

An unidentified individual involved in the theft of $300 million from Coinbase users exchanged $42.5 million in Bitcoin for Ethereum through Thorchain, according to on-chain sleuth ZachXBT. The expert shared a screenshot from a blockchain explorer, where the perpetrator left him an on-chain message: L bozo. In crypto slang, this is a taunt, where L […]

AI translated

ForkLog 51 21.05.2025

Coinbase Reveals Number of Users Affected by Data Breach

Coinbase has disclosed that a data breach in December 2024 resulted in hackers obtaining information on 69,461 users. The company revealed this in a notification to the authorities of the state of Maine. The hackers demanded $20 million, threatening to publish the stolen information on the dark web. They bribed overseas support staff to gain […]

AI translated

ForkLog 10 20.05.2025

Circle’s Potential Withdrawal from IPO and $5 Billion Sale Rumored

Circle’s IPO may not proceed as the USDC issuer is reportedly in talks with Coinbase and Ripple to sell its business for at least $5 billion, according to sources cited by Fortune. The discussions are taking place as the company prepares to enter the stock market. Earlier in May, media outlets reported Ripple’s attempt to […]

AI translated

ForkLog 20 17.05.2025

Bloomberg: Hackers Target Binance and Kraken in Coinbase-Style Attacks

Exchanges Binance and Kraken successfully thwarted social engineering attacks similar to those that affected Coinbase, according to Bloomberg, citing sources. On May 15, the leading American crypto trading platform reported a data breach resulting from the bribery of overseas support staff. Coinbase claimed the leak affected no more than 1% of its clients. The attackers […]

AI translated

ForkLog 13 15.05.2025

Coinbase Discloses Data Breach and Declines $20 Million Ransom

Coinbase has revealed a breach of user data due to the bribery of overseas support staff. The platform’s team refused to pay a $20 million ransom and took countermeasures. Cyber criminals bribed and recruited rogue overseas support agents to pull personal data on

AI translated

ForkLog 15 14.05.2025

Brian Armstrong Offers Former DOGE Employees Fast-Track Hiring at Coinbase

Coinbase CEO Brian Armstrong has extended an offer to former employees of DOGE to join the exchange through an expedited hiring process. https://t.co/dLuc9s65F5 — Brian Armstrong (@brian_armstrong) May 13, 2025 The initiative was prompted by a viral Fox News video featuring 22-year-old Ethan Shaotran, a former DOGE employee who dropped out of Harvard. In the […]

AI translated

ForkLog 12 13.05.2025

Bitcoin Exodus from Coinbase Surpasses $1 Billion in a Day

The American cryptocurrency exchange Coinbase has recorded its largest outflow of the leading cryptocurrency since the beginning of the year. On May 9, investors withdrew 9,739 BTC.

AI translated

ForkLog 8 13.05.2025

Bernstein Estimates $9 Billion Demand for Coinbase Shares Following S&P 500 Inclusion

Index funds may generate approximately $9 billion in demand for Coinbase shares following their inclusion in the S&P 500, according to calculations by Bernstein, reports The Block. Investments from active funds tracking the popular benchmark are expected to reach around $7 billion. Matthew Sigel, head of digital asset research at VanEck, estimated the total purchase […]

AI translated

ForkLog 7 13.05.2025

Coinbase to Join S&P 500 as First Crypto Company

Starting May 19, Coinbase shares will be included in the S&P 500 index, replacing Discover Financial Services. Following this announcement, the market capitalization of the bitcoin exchange rose by 7.9% to $52.78 billion at the close of the trading session. Coinbase shares increased to $207.22, remaining below the December peak of $343. Since the beginning […]

AI translated

ForkLog 8 10.05.2025

Coinbase Abandons Strategy Approach Due to Risks

Over the years, Coinbase considered investing a significant portion of its reserves in Bitcoin, following the example of Strategy. However, the idea was abandoned due to risks, reports Bloomberg, citing the co-founder and head of the firm, Brian Armstrong. “Over the last 12 years, there were definitely moments when we thought: ‘Should we invest 80% […]

AI translated

#Coinbase