Coinbase Archives - Page 15 of 16

Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase

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Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year. On May 9, Rumble CEO Chris Pavlovski said the wallet will serve as a non-custodial tool tailored for creators. He emphasized the company’s ambition to become a central player in […]

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Coinbase Acquires Deribit for .9 Billion to ‘Add Diversity to Trading Revenues’

Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’

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Major crypto exchange Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” Coinbase’s derivatives business and provide spot, futures, and options under its umbrella. It’s said to be the biggest acquisition in crypto history. According to the announcement, the agreement is worth some $30 billion of current open interest. That

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Coinbase Q1 Revenue Rises Despite Profit Decline

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Coinbase Global on Thursday reported a mixed set of results for the first quarter, with revenue climbing but profit sharply down, as the largest US crypto exchange faced higher costs and market volatility driven by erratic macroeconomic signals and ongoing digital asset turbulence. The San Francisco-based company said revenue rose 24% year-on-year to $2b. However,

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Coinbase Will Be Trillion Company, Says Bitwise CIO

Coinbase Will Be $1 Trillion Company, Says Bitwise CIO

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Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes crypto exchange Coinbase (Nasdaq: COIN) will be a $1 trillion company in the future, following its acquisition of Deribit. In a statement on X, Hougan signaled strong confidence in Coinbase’s strategic direction, stating: “This is an insanely great acquisition. Coinbase is going to be a

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Crypto Trail Ends in Murder Convictions—Coinbase Traced the Killers

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A brutal crime spree in NYC nightlife was brought to justice as blockchain sleuthing by Coinbase exposed killers, recovered funds, and redefined crypto’s role in law enforcement. Coinbase Says ‘It Was One of the Most Difficult Cases We’ve Supported’ Paul Grewal, chief legal officer at crypto exchange Coinbase (Nasdaq: COIN), revealed on May 6 that

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Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For .9B

Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B

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Bitcoin Magazine Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the industry’s history. Coinbase will acquire Panama-based Deribit, which currently handles a massive volume of global Bitcoin and crypto options trading

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Ethereum’s pectra upgrade prompts temporary pause from Binance and Coinbase

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Top crypto exchanges Binance and Coinbase will temporarily pause Ethereum (ETH) deposits and withdrawals in preparation for the network’s upcoming pectra upgrade. Binance stated that ETH and tokens on Layer 2 networks like Arbitrum, Optimism, Base, Scroll, Worldcoin, and zkSync will be affected. The exchange pause starts at 09:45 (UTC). The exchange furthered that while

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Coinbase CEO Demands Swift Stablecoin Laws as 0B Threatens to Exit U.S.

Coinbase CEO Demands Swift Stablecoin Laws as $240B Threatens to Exit U.S.

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Key Takeaways: Federal stablecoin legislation could unlock $240 billion in institutional capital. Without clear rules, the U.S. risks losing its stablecoin dominance to offshore issuers. Regulatory delays push crypto innovation to friendlier jurisdictions. On May 6, Coinbase chief executive Brian Armstrong urged Congress to move stablecoin and broader crypto market rules across the finish line

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Coinbase CEO Urges U.S. Lawmakers to Pass Stablecoin Bill

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Key Notes Coinbase CEO asks lawmakers to pass the GENIUS Act. The GENIUS Act is meant to regulate stablecoins. Armstrong has requested that lawmakers build on FIT21’s momentum. The CEO of a cryptocurrency exchange Coinbase has called on the Senate to accept the GENIUS Act. Using his X account, Brian Armstrong disclosed that he supported

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Coinbase Quietly Holds 2.7  Million Bitcoin Under Management, Worth About 1 Billion

Coinbase Quietly Holds 2.7  Million Bitcoin Under Management, Worth About $261 Billion

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Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a

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