Coinbase | ForkLog

ForkLog 8 04.02.2025

Coinbase Clients Lose Over $65 Million to Scammers in Two Months

Between December 2024 and January 2025, Coinbase users lost over $65 million due to social engineering scams, according to on-chain detective ZachXBT. 1/ Over the past few months I imagine you have seen many Coinbase users complain on X about their accounts suddenly being restricted. This is the result of aggressive risk models and Coinbase’s […]

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ForkLog 63 26.01.2025

Coinbase CEO Proposes New Token Listing Approach

Centralized platforms must revamp their listing process as 1 million coins are created each week, making it “impractical” to evaluate each individually, stated Coinbase CEO Brian Armstrong. We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created now, and growing. High quality problem to have, but evaluating […]

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ForkLog 12 22.01.2025

Whale Bets on Solana Surging to $400 by February’s End

On January 20, a client of the OTC platform Paradigm executed a “large” options trade on Solana, poised to profit if the price surpasses $400 by February 28, according to CoinDesk. An unnamed institutional investor initiated a so-called bull call spread: simultaneously buying a call with a strike price of $280 and selling a call […]

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ForkLog 16 20.01.2025

Coinbase Accuses FDIC of Concealing ‘Pause Letters’

The consulting firm History Associates reported that the FDIC failed to provide dozens of ‘pause letters’ requested during litigation initiated by the cryptocurrency exchange Coinbase, according to Cointelegraph. The FDIC issued ‘pause letters’ from March 2022 to May 2023, urging banks to temporarily halt crypto-related activities and requesting information, including cost analyses and marketing materials. […]

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ForkLog 75 10.01.2025

CFTC seeks Coinbase customer data in Polymarket probe

Coinbase warned users that it had received a request from the CFTC for customer data, Ethereum commentator Eric Conner reported. Biden’s CFTC is subpoenaing customer info from @coinbase in their case against @Polymarket pic.twitter.com/YlCdUPwHs7 — eric.eth (@econoar) January 8, 2025 According to the exchange, the Commission issued a formal demand to disclose “general information” on […]

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ForkLog 36 02.01.2025

Coinbase premium plunges to a 12‑month low

By early 2025, the Coinbase premium fell to a 12-month low of -0.237, noted CryptoQuant analyst Burak Kesmeci.

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ForkLog 279 31.12.2024

Coinbase’s Advantage and Traders’ Revenue Decline Amid Potential USDT Ban in the EU

Cryptocurrency exchanges registered in the EU are gradually phasing out the stablecoin USDT as the MiCA regulation comes into effect, given that its issuer, Tether, has yet to obtain the necessary license. Experts consulted by ForkLog suggest that Coinbase could emerge as the primary beneficiary of this market shift. Its partner company, Circle, already holds […]

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ForkLog 14 25.12.2024

Coinbase CEO Profits Billions Following Trump’s Election Victory

Coinbase CEO Brian Armstrong, Ripple Labs CEO Brad Garlinghouse, and Andreessen Horowitz (a16z) leaders Marc Andreessen and Ben Horowitz reaped billions of dollars in profits following Donald Trump’s victory in the U.S. presidential election, reports CoinDesk. According to the publication’s calculations, Armstrong garnered approximately $437 million from selling Coinbase shares in the weeks following the […]

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ForkLog 15 18.12.2024

Coinbase Cites Justin Sun Concerns in WBTC Delisting Decision

The delisting of WBTC was deemed a necessary measure to protect Coinbase and its users from risks associated with the project’s ties to Tron founder Justin Sun. This was stated by the exchange’s lawyers on December 17, as per their announcement. According to the platform’s latest arguments, the issue lies in the token’s connection to […]

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ForkLog 95 13.12.2024

From Programmer to Crypto Billionaire: Who Is Brian Armstrong?

Who Brian Armstrong is, and his path from programmer to crypto billionaire.

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ForkLog 95 11.12.2024

Hacker Steals $15.97 Million from Coinbase Commerce

In April 2024, an account belonging to an unnamed merchant on Coinbase Commerce executed a series of suspicious USDC transactions totaling $15.97 million. According to online sleuth ZachXBT, the funds were stolen by a hacker. 1/ Earlier this year in April 2024 a Coinbase Commerce contract saw $15.9M of suspicious outflows indicating a merchant had […]

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ForkLog 24 10.12.2024

Stablecoin Market Capitalization Surpasses $200 Billion

The combined market capitalization of stablecoins has reached $204 billion, marking a 3% increase over the past seven days. Coinbase attributed this trend to a sharp rise in on-chain lending rates. USDT ($138.45 billion) accounts for 67.8% of the total token supply. The share of USDC is 19.9% ($40.69 billion). Data: CoinGecko. “[The increase in […]

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