Stock slips 6% after report on federal investigation. The regulatory scrutiny comes as Coinbase deals with the aftermath of a cybersecurity breach disclosed earlier in the day. …
Warren Payne
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Coinbase refused to pay a $20 million ransom after a separate data breach. A class-action lawsuit accuses Coinbase of withholding key risk information. The FCA fined Coinbase $4.5 million for …
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JPMorgan Chase cards can be used for crypto purchases on Coinbase this fall. Chase rewards points will be redeemable for USDC starting in 2026. JPMorgan Chase accounts to link directly …
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Adam Back’s BSTR Inc. is the fourth largest publicly traded BTC treasury company, yet questions about the source of its coins linger. Source link
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The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond. Source link
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Coinbase
Could a Tether collapse destabilize the US Treasury market?
by Warren Payneby Warren PayneBank of International Settlements researchers have quantified a few basis points of measurable impact from stablecoins on US Treasuries. Source link
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A day after opening, 23 Tesla Diner reviews had disappeared from Yelp, leaving it with just 14 write-ups, and only a single one-star review. Source link
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The network, which was raided in January, allegedly offered crypto services to human traffickers and the drug trade. Source link
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Coinbase
Coinbase mocked over four-hour candle launch: ‘What next, full-screen mode?’
by Warren Payneby Warren PayneUsers online mocked Coinbase for introducing a four-hour candle and joked about the $67B S&P 500 firm celebrating the “small wins.” Source link
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Coinbase
Coinbase says staff leaked customer data, refuses to pay $20M ransom
by Warren Payneby Warren PayneCoinbase countered the blackmail attempt by announcing a bounty for anyone with information that may lead to the arrest of the attackers. Source link