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The Latest Breaking News from Coinbase

Rails launches perps-only crypto exchange in the U.S. with $14 million in new funding to build a better FTX

Rails is backed by Sam Lessin’s Slow Ventures and cofounded by the former Grindr COO.

Fortune

Taiwanese crypto exchange BitoPro confirms estimated $11.5 million hack

BitoPro says that, despite the hack, the company has “sufficient virtual asset reserves.”

Fortune

Binance scores big win after SEC agrees to drop lawsuit against exchange

The lawsuit against Binance was one of the few outstanding crypto cases the SEC hadn’t moved to dismiss.

Fortune

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Inside the $400 million Coinbase breach: An Indian call center and teenage hackers

The breach is notable not only for its scale, but the way the hackers went about it: Bribing overseas customer support agents to share confidential customer records.

Fortune

Apple’s triple threat: tariffs, AI troubles and a Fortnite fail

Once unshakable, Apple is showing rare signs of strain. Meanwhile, OpenAI bets billions on its next act, and Trump’s crypto fans lose millions

The Guardian - US

Coinbase admits data breach affected 69,000 customers - here's what you need to know

Plenty of sensitive data was stolen after contractors were bribed.

TechRadar

Exclusive: True Markets raises $11 million and launches new Solana-focused crypto trading app

Founded by Coinbase and Goldman Sachs alum, True Markets aims to be the top U.S. crypto exchange.

Fortune

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Knock-off Signal app Mike Waltz was caught using can be hacked in ‘15 to 20 minutes,’ report says

Days after former National Security Adviser Mike Waltz was caught using a knock-off Signal app, a hacker broke into the system.

The Independent UK

The startup founded by Coinbase's CEO raised $130 million by claiming aging is malleable. Does science back it up?

Experts in aging weigh in.

Fortune

Circle pursues IPO—but talks with Coinbase and Ripple could mean a sale, sources say

Circle is said to be seeking at least $5 billion, which is the valuation that it’s targeting for its IPO.

Fortune

Why you might have shares in a cryptocurrency company without even realising it

Coinbase is a major platform for crypto trading and is now in many investors’ portfolios

The Independent UK

Paris Kidnap Bid Highlights Crypto Data Security Risks

New regulations threaten the security of the personal data of cryptocurrency users and may expose them to "physical danger", the platform at the centre of last week's Paris kidnapping attempt has claimed.

International Business Times

Stock Market Today: Investors Look on the Bright Side

A generally good week closes on another positive note, as investors, traders and speculators look for fresh catalysts.

Kiplinger

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

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TechRadar

Personal information leaked in Coinbase cyberattack, cost could be $400 million

Hackers bribed Coinbase employees to obtain the data and later demanded a ransom.

Euronews

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.

The Independent UK

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

Tom’s Hardware

Crypto giant Coinbase falls prey to an inside job, expects up to $400 million in losses

Some Coinbase employees stole customer information for hackers, causing some of its clients to fall victim to social engineering attacks.

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Fortune

JPMorgan’s public blockchain move could set a new standard for institutional finance

Big banks face competitive pressure from fintechs and crypto-native firms.

Fortune

Coinbase puts $20 million bounty on crooks who tried to extort firm over stolen customer data

Coinbase says it will seek the harshest penalties against the crooks, who stole tens of thousands of client records.

Fortune

Wall Street is up to its armpits in bullish calls as tech stocks roar back

But S&P futures were down nearly 1% this morning, premarket.

Kiplinger

Stock Market Today: UnitedHealth Drags on Dow After CEO Splits

UNH created headwinds for the price-weighted Dow on news that its embattled CEO, Andrew Witty, is stepping down.

Barchart

Dear Coinbase Stock Fans, Mark Your Calendars for May 19

Coinbase stock rallies on news that it will become a part of the S&P 500 index on May 19. Oppenheimer analyst sees significant further upside in COIN shares.

Fortune

Exclusive: Two decades in, DFJ Growth raises $1.2 billion for its fifth fund and doubles down on the long game

DFJ Growth—backers of Coinbase, Twitter, and Ring—raised $1.2 billion for its fifth fund, Fortune can exclusively report.

Barchart

Can Coinbase Stock Hit $400 in 2025?

After a rough Q1, is $400 possible for Coinbase, or will macro headwinds and regulatory oversight weigh down the forecast?

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