NBA star Kevin Durant has recovered a long-lost Bitcoin stash purchased on Coinbase nearly a decade ago, with Coinbase CEO Brian Armstrong confirming the successful account recovery. Durant and his manager, Rich Kleiman, had lost access to the account due to forgotten login credentials and two-factor authentication codes, leaving theContinue Reading
Armstrong says the CLARITY Act could pass with bipartisan Senate support. The Act defines SEC and CFTC oversight of non-stablecoin digital assets and is expected for public review after committee discussions. Senator Lummis expects Trump to sign the CLARITY Act before the end of the year. Brian Armstrong, CEO ofContinue Reading
The Mag7 + Crypto Equity Index Futures will merge leading US technology stocks with crypto ETFs, giving investors concurrent exposure to both traditional equities and digital assets. The index contains ten equally weighted components, including tech giants, Coinbase stock, and BlackRock crypto ETFs, rebalanced quarterly. Futures contracts are cash-settled monthly,Continue Reading
Crypto exchanges Coinbase and OKX are targeting Australia’s superannuation system, launching products aimed at getting more Aussies investing in crypto through a self-managed super-fund (SMSF). OKX launched their SMSF product in June while Coinbase plans to launch theirs in the coming months — both exchanges say they’ve seen strong demandContinue Reading
Gemini has overtaken Coinbase in the US finance app charts after launching an XRP rewards credit card. The limited-edition card offers up to 4% instant cashback in XRP on purchases. Coinbase still leads in core metrics recording US$4.54B (AU$7.00B) versus Gemini’s US$382.49M (AU$590.23M). Gemini has climbed ahead of Coinbase inContinue Reading
Coinbase’s Layer 2 network, Base, experienced a 30-minute block production halt, disrupting core functions like deposits and withdrawals. The issue was an “unsafe head delay”, but the team fixed it quickly. The outage occurred amid a sharp rise in network activity, with new token launches on the Base App surgingContinue Reading
Former UK chancellor and current Coinbase advisor, George Osborne, believes the UK has missed the first wave of crypto and now risks missing the second if it doesn’t urgently pass pro-stablecoin legislation. Writing in the Financial Times, Osborne argued that the UK is falling behind more pro-crypto jurisdictions like Singapore,Continue Reading
