Coinbase

The daughter received a certified mail letter from Coinbase regarding unclaimed funds, with elements like her full name and account details presented as convincing, but the return address in Richardson, TX, and a QR code raised suspicions. The user has not found existing reports on its legitimacy.

U.S. Representatives are urging the Senate to schedule a vote on the CLARITY Act by July to address ethics concerns related to cryptocurrency. Rep. French Hill emphasized the need for a deadline to facilitate consensus, citing bipartisan support and the importance of establishing a market framework for crypto regulation.

Coinbase's chief legal officer will transition to an advisory role on July 31. He will continue working with the Board of Coinbase National Trust Company.

Coinbase Chief Legal Officer Paul Grewal steps down but remains in an advisory role. He joined the firm in mid-2020 to lead legal, compliance, and government relations operations.

Coinbase's top legal executive, Grewal, is moving on following the resolution of a conflict with the SEC, while other executives are being reassigned.

AI-powered scams caused Americans to lose nearly $21 billion in 2025, with older adults accounting for $7.7 billion of those losses. Scammers use AI to create personalized, hard-to-detect fraud schemes, and the cost of running scams is projected to drop 90% in two years, potentially increasing fraud activity. A proposed ReportScams.gov Act aims to establish a centralized scam reporting system.

AI chatbots are increasingly used for white-collar job interviews, with companies like Experis, Coinbase, and Zapier adopting the technology. A Greenhouse survey found 63% of US job seekers had AI interviews in the past year, sparking debate over bias and candidate experience.

Polymarket is re-entering the U.S. market with a new regulatory-compliant platform after settling federal charges in 2022. The company is hiring compliance experts and partnering with major organizations to rebuild trust and differentiate its U.S. operations from its offshore predecessor.

Polymarket is re-entering the U.S. market after a four-year absence, launching a campaign to rebuild trust through partnerships, influencer marketing, and new compliance hires. The company, which previously operated offshore following 2022 federal charges, now operates a CFTC-regulated U.S. platform separate from its blockchain-based international service. Key hires include executives from Coinbase, Robinhood, and former DOJ/FBI officials.

Coinbase has been authorized by the UK's FCA to offer equities and derivatives to users, aligning with its goal of creating an 'everything exchange' that combines crypto and traditional financial products.

Coinbase obtained a UK investment services license to offer derivatives and equities trading alongside cryptocurrency services. The expansion allows the company to provide additional financial products in the UK market.

Coinbase has obtained authorization in the UK to offer traditional investments in addition to cryptocurrency services. The move allows the company to expand its financial offerings to UK customers.

Companies are shifting from tokenmaxxing to modelmaxxing, optimizing AI costs by routing tasks to appropriate models. Engineers like Morgan Linton of Bold Metrics direct teams to use specific AI models for efficiency, while companies like Uber and Microsoft adjust budgets. Model switching prioritizes cheaper models for routine tasks and pricier ones for complex work.

Open Standard launched Open USD, a stablecoin backed by over 140 financial institutions and technology partners, including Visa, Mastercard, and Stripe. The stablecoin aims to create a shared infrastructure for tokenized dollars, with governance managed collectively by a board of partner organizations. Its economic model allows partners to mint and redeem tokens at no cost while sharing reserve earnings after a management fee.

Crypto firms contributed $189 million to the 2026 midterms, with Ripple, Crypto.com and Coinbase leading corporate donations.

Circle's stock declined as Coinbase, BlackRock, and Visa announced support for the forthcoming Open USD stablecoin. Coinbase is a key backer of Circle's USDC.

Visa, Mastercard, and over 140 companies, including Stripe, BlackRock, and Coinbase, launched Open USD, a dollar-pegged stablecoin designed to redistribute stablecoin market economics. The project aims to challenge existing stablecoins like USDC and USDT by offering no fees and sharing reserve income with users, managed by an independent organization.

ARK Invest added $43.5 million in crypto stocks, primarily purchasing Coinbase and Circle, which have seen their shares decline by 17% and 27.6%, respectively, over the past month.

Ark Invest purchased $6.85 million in Coinbase, $6.21 million in Circle Internet Group, and $3.54 million in Bullish as the stocks rallied higher. The investments reflect growing confidence in cryptocurrency-related companies.

Coinbase, Kraken, and OKX are targeting EU users affected by MiCA restrictions by offering transfer bonuses and prizes. These exchanges, authorized under EU regulations, aim to attract users from unlicensed crypto platforms.

Coinbase's CEO Brian Armstrong outlined five strategies to reduce AI spending while maintaining token usage, including using Chinese LLMs as defaults and optimizing model routing. The goal is to sustain growth without stifling engineer experimentation.

Coinbase and Circle have experienced steeper losses compared to Oracle, Netflix, and Salesforce, illustrating the growing disparity between crypto equities and the broader market. The crypto stock slump continues to widen the gap with Big Tech companies.

Coinbase and OKX are attempting to attract users from Binance in the European Union after Binance failed to obtain a MiCA license. The failure to secure the license has prompted competitors to target Binance's EU customer base.

Coinbase's blockchain Base experienced a 2-hour outage due to a consensus problem on Thursday before resuming block production. The network has since returned to normal operations.

Mark Cuban advised AI companies to spend billions to support towns and cities affected by AI-driven job losses, calling it a 'cost of doing business.' He criticized AI firms for failing to prioritize people and losing public relations battles, urging direct engagement with creatives and workers to address concerns.

Ark Invest has purchased additional shares in Coinbase, Circle, Bullish, and Robinhood as their stock prices decline. Cathie Wood highlighted that inflation is decreasing, attributing this trend to rising productivity as a disinflationary force.

Ethereum layer-2 network Base, backed by Coinbase, experienced over two hours of downtime due to a block production issue ahead of a planned upgrade. The network has since recovered.

Coinbase's Base blockchain experienced a two-hour outage that disrupted the network. The blockchain has since resumed operations.

Palo Alto Networks CEO Nikesh Arora states 90% of enterprise employees lack AI skills, prompting companies to reduce roles in HR and marketing. Arora highlights Palo Alto's strategy of hiring technical staff through hackathons instead of mass layoffs, contrasting with approaches by Coinbase and Block leaders Brian Armstrong and Jack Dorsey.

Fintech company Slash reported an employee spent $80,000 in AI tokens coding a 'brainrot shooter game,' which the company now promotes as a potential marketing expense. The employee, Nicolas Brilliante, admitted it was an accident, and the incident highlights growing scrutiny of AI spending in companies like Uber, Coinbase, and Walmart.

CBOE is considering converting Bitcoin (BTC) and Ethereum (ETH) continuous futures into perpetual futures as U.S. regulatory changes drive adoption of crypto perpetual futures. Competitors like Coinbase and Kalshi are also expanding their offerings, prompting Cboe to evaluate a product overhaul.

President Trump signed two executive orders to advance U.S. quantum computing capabilities and accelerate adoption of post-quantum cryptography by 2031. The measures aim to address risks posed by quantum computers to cryptographic systems, including Bitcoin's security, which could face vulnerabilities if private keys are reverse-engineered.

Harvey's CEO Winston Weinberg reported the company's AI token usage increased from 1 trillion in January to 12-13 trillion in May. He emphasized the need for cost-efficient AI deployment, comparing challenges to law firms' billable hours model.

CME Group plans to sue the Commodity Futures Trading Commission (CFTC) over its approval of Bitcoin perpetual futures, arguing the products should be classified as swaps under the Dodd-Frank Act. The CFTC approved Kalshi and Coinbase to offer these contracts, asserting they bring crypto derivatives under U.S. regulation. CME claims the CFTC bypassed standard review procedures and that perpetual futures require different regulatory treatment.

Kentucky has filed a lawsuit against Polymarket, Kalshi, and their partners Coinbase, Robinhood, and Webull, alleging the offering of sports event contracts in the state. The case involves legal challenges to prediction market activities.

Ark Invest purchased $18 million worth of Coinbase shares while selling $29 million in Robinhood. Coinbase's stock closed down 2.57% at $164.92, whereas Robinhood's stock rose 8.78%.

CoinFund and Coinbase have backed stablecoin infrastructure startup Trace Finance in a $32 million Series A funding round to expand its operations.

Satori Finance, a Coinbase-backed crypto perpetuals exchange, is shutting down amid an extended market downturn. It is the latest crypto firm to close operations due to ongoing market challenges.

Coinbase is expanding beyond cryptocurrency by introducing non-crypto products such as stocks, perpetual futures, and AI. The article highlights the diminishing boundary between crypto and traditional finance (TradFi) as a result of these efforts.

Benchmark has reiterated a Buy rating on Coinbase, highlighting its expansive product rollout and a $270 price target, indicating the company is moving beyond a cyclical crypto brokerage.