Scammer steals thousands of cryptocurrency users by posing as Coinbase support

Following a conversation with an alleged cryptocurrency scammer, Nick Neuman, CEO of bitcoin self-custody platform Casa, took to X to explain to his audience how he managed to speak with someone who admitted to impersonating a Coinbase support agent. «Recently, I received a call from a scammer and decided to play along for a while … Read more

Coinbase removes wBTC and promotes its version of wrapped bitcoin

Coinbase users will be able to continue accessing their funds “at any time.” The team behind Wrapped Bitcoin regretted Coinbase’s decision and urged it to reconsider. Coinbase, the second exchange largest cryptocurrency exchange in the world, announced that it will eliminate the token Wrapped Bitcoin (wBTC) from its asset list, as of December 19, 2024. … Read more

Coinbase launches price index of the 50 largest cryptocurrencies

Coinbasethe world’s second largest bitcoin (BTC) and cryptocurrency exchange, announced the launch of the Coinbase 50 index (COIN50). This indicator brings together 50 top eligible digital assets. The COIN50 methodology is based in three years of experience in index management at Coinbase Asset Management and It has been developed in collaboration with Market Vector. As … Read more

“Welcome to the most pro-cryptocurrency Congress of all time”

The manager believes that the cryptocurrency issue was a determining factor in the elections. Of the United States Senate, 16 representatives are “procrypto” and 12 are against it. Brian Armstrong, leader of the Coinbase exchange, said on his X social network profile that “being anti-cryptocurrencies is simply bad policy.” Consider that the above was demonstrated … Read more

“Biden prevented banks from offering bitcoin” how will this influence the elections?

Dozens of examples of US regulators preventing banks from offering bitcoin services have been exposed by the Coinbase exchange. According to publications on stay away from cryptocurrency related services. As Grewal points out in his tweetthe agency “finally began giving us information related to our FOIA request about the pause letters it sent to financial … Read more

Coinbase expects 20% of global GDP to be based on cryptocurrencies

Coinbase, the second largest bitcoin (BTC) and cryptocurrency exchange on the market, made a projection on the future of crypto assets in the global economy. For the exchange, these assets will make up around 20% of global gross domestic product (GDP) in the coming years. During the third quarter financial results call, held on Wednesday, … Read more

Payment of commissions without ether will be possible on the Ethereum network

Base is the network created by the cryptocurrency exchange Coinbase. This network is the second Ethereum L2 in highest value locked, with almost $2.5 billion. Payment of commissions without ether will be possible on Base, Ethereum’s second layer (L2) network created by the exchange Coinbase. Base will allow application developers in its ecosystem to enable … Read more

Coinbase predicts greater institutional buying of bitcoin due to the US elections

The imminent presidential elections in the United States may become a catalyst for the bitcoin (BTC) and cryptocurrency market that drives institutional demand. This is highlighted by a report from the Coinbase exchange, published on October 10, due to the bipartisan support for the ecosystem. “Cryptocurrencies could see greater adoption by institutional investors looking for … Read more

Coinbase will remove USDT and stablecoins from Europe that violate the MiCA Law

Coinbase, the largest cryptocurrency exchange in the United States, announced today that it will remove from its platform any stablecoin that does not comply with the rules established by the Regulation for the Cryptoasset Market, better known as the MiCA Law of the European Union, which enters effective December 30, 2024. This decision directly affects … Read more

Complaints are pouring in against Coinbase for blocking funds

A user shared a photo on the social network As a result of the account being frozen for more than a month, several users of the exchange spread their complaints on social networks, reflecting that they had suffered similar or identical events. According to Jamescrowthe user affected by the restrictive measure, Coinbase did not “give … Read more