Coinbase Financial News

Ethereum‘s main chain is expected to merge with its Beacon Chain later this year, effectively turning it into a Proof of Stake protocol. In anticipation of this, users have increasingly been staking their ETH, with the staking deposit contract amassing over 9.41 million Ether worth over $24.83 billion at press time.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______

On February 11th, two days before the Super Bowl and Coinbase’s $14 million color-changing QR code advert, an engineer was desperately trying to reach out to Coinbase management and the development team.

This year's Super Bowl, the annual playoff championship game of the US National Football League, had multiple ads coming from the major crypto players, and one unusual advertisement by the major crypto exchange Coinbase seems to be an unlikely Super Bowl winner.

If you were a white hat hacker and you had to choose between exploiting a “potentially market-nuking” vulnerability and accepting a $250,000 bug bounty, what would you pick? This month, one white hat hacker chose the latter, leading to a big sigh of relief from the Coinbase exchange.

It has been a tense time for the Cardano community as two projects – the SundaeSwap DEX and project incubator CardStarter – took their feud to court. Charles Hoskinson expressed his disappointment and urged other young builders to do better.

The crypto exchanges have developed Travel Rule Universal Solution Technology (Trust), which they say ensures top-tier compliance while also protecting the security and compliance of their customers' information.Trust does not centrally store personal data, with the required information sent from one member to another through end-to-end encrypted channels. The system also includes a mechanism for the receiving exchange to prove that it’s the owner of the receiving crypto address before customer information is sent.In addition, all Trust member must meet core anti-money laundering, security, and privacy requirements.The 18 members are Anchorage, Avanti, BitGo, bitFlyer, Bittrex, BlockFi, Circle, Coinbase, Fidelity Digital Assets, Gemini, Kraken, Paxos, Robinhood, Standard Custody & Trust, Symbridge, TradeStation, Zero Hash, and Zodia Custody.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Coinbase, the largest U.S. cryptocurrency exchange, said it launched a pilot program in Mexico on Tuesday, allowing crypto traders in Mexico to cash out cryptocurrencies in Pesos, Reuters reported.

Coinbase will allow recipients in Mexico to cash out their funds in local currency

Major US-based crypto exchange Coinbase said it plans to hire up to 2,000 employees this year, increasing its total workforce by around 70%.  

During the telecast of the Super Bowl on Feb. 13, 2022, cryptocurrency exchange Coinbase Global, Inc. (COIN) ran an ad that generated such massive traffic that its app crashed. For a full 60 seconds, the ad consisted of a colorful bouncing QR code that, when scanned, brought the user to a promotional website where, as part of its «Less talk, more Bitcoin» campaign, new customers who sign up by Feb. 15, 2022, will get $15 worth of Bitcoin (BTC).

U.S. cryptocurrency exchange Coinbase (COIN) has seen its shares dive 5% pre-trading after a calamitous advertising debut at the Super Bowl 2022.

The 2022 Super Bowl was inundated with crypto ads as four crypto trading platforms and one decentralized autonomous organization (DAO) aired ads promoting the nascent industry.

Super Bowl commercials have always been an intrinsic part of the annual National Football League (NFL) championship and for business, a fair sign of making it in the real world. This year, however, marked a new milestone for the crypto community as FTX, eToro, Crypto.com and Coinbase debuted crypto ads in Super Bowl 2022.

Major crypto exchange Coinbase experienced a volatile weekend with a vulnerability reported, a service paused and re-started, and its site crashing following what seems to have been a successful Super Bowl ad.  

The global cryptocurrency market capitalisation dipped 2.14 percent over the last 24 hours to $1.86 trillion while trading volumes were down 11.35 percent to $61.44 billion.

Based on its successful 2021 performance, OpenSea was probably expecting 2022 to be a year of smooth sailing and swelling profits. However, the NFT marketplace LooksRare swept into the scene like a tidal wave, raising questions about its economy and its place in the NFT industry.

A South Korean sovereign wealth investment fund has "indirectly" bought shares in the listed American crypto exchange giant Coinbase – although it has since distanced itself from crypto-related interests.

Cryptocurrency exchange Coinbase has penned a partnership agreement with One River Digital Assessment Management to provide institutional-grade wealth managers with an exclusive platform to acquire digital asset investments, and engage in related activities.

US crypto exchange Coinbase has decided to scrap 'how to buy' instructions for a minimum of three crypto tokens following the emergence of rug pull warnings indicating that investors’ cybersecurity and funds were in danger.