Coinbase | ForkLog

ForkLog 9 17.11.2024

Coinbase CEO Advocates for U.S. Government Efficiency and Reduction

Brian Armstrong, the head of cryptocurrency exchange Coinbase, has endorsed the creation of the U.S. Department of Government Efficiency (DOGE) and called for a reduction in the size of the government. . @DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to […]

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ForkLog 9 12.11.2024

MicroStrategy Shares Hit Record High, Coinbase Reaches Peak Since November 2021

On November 11, MicroStrategy’s stock price reached a new all-time high of $351.73, marking a year-to-date growth of 438.3%. The surge was driven by a cryptocurrency market rally following Donald Trump’s victory in the U.S. presidential election. Daily chart of MSTR. Data: Finviz. MicroStrategy’s market capitalization jumped by 25.7% to $68.9 billion. According to Bloomberg […]

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ForkLog 16 08.11.2024

Coinbase Introduces cbBTC on Solana Network

The American exchange Coinbase has launched the tokenized bitcoin cbBTC on the Solana network. The bitcoin premium on the exchange turned positive for the first time in weeks, indicating growing demand among American investors. The increase in demand is also evidenced by the rise in open interest in the futures and options markets. Coinbase has […]

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ForkLog 43 04.11.2024

Justin Sun Reveals Coinbase’s Listing Fees

The cryptocurrency exchange Coinbase requested 500 million TRX (~$80 million) and a $250 million bitcoin deposit from Tron founder Justin Sun for a listing. The businessman disclosed this on X. Binance charged us $0. Coinbase required us to pay 500 million TRX (worth $80 million) and demanded a $250 million BTC deposit in Coinbase Custody […]

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ForkLog 22 28.10.2024

Coinbase and Tether Unveil AI Tools

Coinbase has launched a service for developing AI agents to manage cryptocurrency wallets, while Tether has introduced a tool for creating privacy-focused applications. Based Agent from the crypto exchange allows users to set up an AI assistant in “less than three minutes.” It can perform various tasks such as exchanges and staking. Introducing Based Agent: […]

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ForkLog 7 23.10.2024

Coinbase Users Suffer $100-150 Million Loss from Scams, Estimates ZachXBT

In the past year, users of the cryptocurrency exchange Coinbase have incurred losses ranging from $100 million to $150 million due to phishing and social engineering scams. This estimate was provided by on-chain researcher ZachXBT. Have not seen numbers publicly reported anywhere before but I estimate Coinbase support social engineering / phishing scams have resulted […]

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ForkLog 16 19.10.2024

Indian National Sentenced to Five Years for $20 Million Coinbase Fraud

Indian citizen Chirag Tomar has been sentenced to five years in prison for orchestrating a $20 million cryptocurrency fraud involving a fake website of the bitcoin exchange Coinbase. Court documents reveal that from at least June 2021 to December 2023, Tomar and his accomplices stole cryptocurrency from hundreds of victims through a counterfeit version of […]

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ForkLog 7 16.10.2024

Coinbase Observes Cryptocurrency Market Reaching ‘Maturity’

In 2024, the digital asset market has reached ‘significant maturity’ due to increased trading volumes and on-chain activity, alongside billions of dollars flowing into crypto ETFs. This is highlighted in a report by Coinbase and Glassnode. Experts noted the accelerated popularization of stablecoins and Layer 2 solutions for the second-largest cryptocurrency by market capitalization. In […]

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ForkLog 1 05.10.2024

Coinbase to Restrict Access to Certain Stablecoins in the EU

Coinbase users in the European Union will lose access to stablecoins that do not comply with the MiCA legislation. This was reported by The Block, citing a statement from the cryptocurrency exchange. “Given our compliance obligations, we intend to restrict services to users in the [EEA] for stablecoins that do not meet MiCA requirements by […]

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ForkLog 70 04.10.2024

Coinbase Premium Approaches ‘Golden Cross’, Indicating Potential Bitcoin Recovery

The conditions for the formation of a ‘golden cross’ in the Coinbase premium suggest a potential short-term recovery in Bitcoin prices, according to CryptoQuant. The Coinbase premium is often used as an index of retail investor demand in the United States—the higher the value, the greater the buying pressure. Experts analyzed the metric on an […]

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ForkLog 25 01.10.2024

Former Coinbase Employee Accused of Code Theft for AI Project

Users have accused former Coinbase employee Matthew Duke Pan of stealing code and unlawfully altering another company’s license to create the AI project PearAI, according to Protos. Pan claims he earned $270,000 annually at Coinbase. He left, started working on PearAI, and secured $500,000 in funding from the startup accelerator program YCombinator (YC). On September […]

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ForkLog 4 27.09.2024

Bitcoin Surpasses $66,000 as Coinbase Premium Signals Retail Demand

On September 26, the Coinbase premium reached a two-week high, indicating bullish sentiment. This was noted by CryptoQuant’s Head of Research, Julio Moreno. Higher demand in the US made Bitcoin rallied today towards $65K. The Coinbase premium increased to the highest level in two weeks. pic.twitter.com/YhJItIGNvY — Julio Moreno (@jjcmoreno) September 27, 2024 This metric […]

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