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The Latest Breaking News from Brian Armstrong

Headaches at Coinbase: A data breach, a $20 million ransom demand, and a federal investigation into 'verified users'

The world's largest cryptocurrency exchange is facing challenges in the run-up to joining the S&P 500 next week.

Fortune

Coinbase says cyber criminals stole customer data and demanded $20 million ransom

The company promised to reimburse any customers who fell prey to scams as a result of the data breach.

Euronews

Coinbase said cyber crooks stole customer information and demanded $20 million ransom payment

Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the info

The Independent UK

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Kleiner Perkins leads $130M round in antiaging startup NewLimit after early results show promise

The startup is touting early successes in cell research related to the liver and immune system.

Fortune

The sane person's guide to crypto investing

Buying "blue chips" can help you avoid being hit by scams and wild speculation.

Fortune

Solana CEO 'Ashamed' Over Controversial Ad That Punched 'Down On A Marginalized Group'

Solana CEO Anatoly Yakovenko has spoken up about the controversial Accelerate ad, which drew intense backlash from the blockchain and crypto community due to its seeming attacks on gender identity.

International Business Times

$XRP Surges 10%, Outperforms Crypto Market After Ripple CEO Reveals SEC Case Has Ended

The SEC has decided to drop its appeal in its case against Ripple, following a four-year face-off that hit $XRP prices hard – the development marks a significant victory for the fintech firm and the crypto industry as a whole as the new SEC shifts its approach toward regulating digital…

International Business Times

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Coinbase CEO plans to hire 1,000 U.S. workers, saying Trump ‘breathed life back" into industry

The crypto CEO attended the White House’s Crypto Summit on Friday.

Fortune

Trump’s crypto reserve is being panned by crypto leaders. Here’s why it’s actually a good idea

A U.S. strategic crypto reserve addresses both geopolitical vulnerabilities and economic innovation.

Fortune

Trump's Crypto Reserve Plan Faces Pushback As Industry Executives Urge Bitcoin-Only Approach

Some of the crypto industry's most prominent executives are speaking out against the "crypto reserve," explaining that Bitcoin is the only asset that meets the standards for store of value asset.

International Business Times

XRP and Solana soar then falter as Trump announces plans for a multi-asset crypto reserve

The president said that XRP, SOL and ADA will be included in a national crypto stockpile with Bitcoin and Ethereum.

Fortune

Coinbase’s stock slides by almost one-third as Bitcoin tanks

Other fintech firms that have a crypto business have also seen their stocks dip, including Robinhood.

Fortune

SEC To Dismiss Coinbase Case, Ends OpenSea Probe: What It Could Mean For Crypto

The SEC has reached an agreement with Coinbase to dismiss its lawsuits against the crypto exchange and it has also decided to end its investigation into NFT marketplace OpenSea.

International Business Times

Should You Buy, Sell, or Hold COIN Stock as Coinbase Trumps the SEC?

Coinbase stock is down despite the SEC agreeing to dismiss its lawsuit against the crypto firm on Friday. Analysts believe COIN shares are worth owning at current levels.

Barchart

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Fortune

Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange

The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.

Fortune

Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump‘

“We are a multiproduct business,” Coinbase CEO Brian Armstrong said after his company released its Q4 earnings.

International Business Times

Elon Musk, Crypto Leaders Laud 'Unplugging' Of CFPB, Critics Push Back

Elon Musk and some crypto executives celebrated the Trump government's work on shutting down the CFPB, raising questions among other crypto users and X commenters about whether they actually cared about the financial welfare of Americans.

The Independent UK

Trump fuels meme coin deluge as Coinbase CEO says there’s 1 million new cryptocurrencies created every week

Marketing is struggling to cope with influx of new cryptocurrencies

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Fortune

Solana battles Coinbase outages as SOL hits all-time high

“It’s clear we need to step up our game on Solana.”

Fortune

Crypto's 'new dawn', Musk's lawfare and a flurry of protests: Here's what took place at Davos on Tuesday

Davos—where the world's richest and most powerful huddle together for public talks. Here's what happened at the forum on Tuesday.

International Business Times

Beckham, Protests, Crypto's New Dawn: What Happened At Davos Tuesday

Although the sun may be setting on the era of free trade, crypto supporters say a new dawn is rising for digital currencies thanks to US President Donald Trump.

International Business Times

Is Coinbase Out Of $SOL Or Did Weekend $TRUMP, $MELANIA Frenzy Affect Solana Transactions?

Coinbase is being questioned for alleged extended delays with $SOL transactions, as some crypto users said they have been waiting hours for their $SOL-related transfers to be completed.

Fortune

Elon Musk's friendship with Donald Trump made him $203 billion richer in 2024

The combined net worth of the world’s 500 wealthiest individuals hit an unprecedented $10 trillion in 2024.

Benzinga

Coinbase Seeing 'Landmark Month' In December, Notes Optimistic Analyst Report

Needham & Company has raised Coinbase‘s (NASDAQ:COIN) price target to $420 from $375, citing record-breaking December trading volumes and heightened altcoin activity.

Benzinga

Palantir Co-Founder Joe Lonsdale Cheers Trump's New SEC Pick, Calls Out Gary Gensler For 'Purposely' Not Defining Crypto Rules

Palantir Technologies Inc. (NASDAQ:PLTR) co-founder Joe Lonsdale cheered President-elect Donald Trump's

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