Coinbase CEO apologizes for multi-hour outage, pledges tier 1 support

After yet another technical hiccup, this time with Solana, Coinbase’s CEO apologized and pledged to scale infrastructure and provide “tier 1” support for high-demand periods. Coinbase CEO Brian Armstrong has apologized for the Solana delays caused by the exchange’s infrastructure issues, which left users dealing with canceled or slow transactions. In a post on X […]

Coinbase would delist Tether if necessary: WSJ

CCoinbase has expressed a willingness to remove Tether’s stablecoin from its platform depending on how the U.S. regulatory landscape evolves under President Donald Trump. According to the Wall Street Journal, Coinbase CEO Brian Armstrong said the largest U.S. crypto exchange could delist $138 billion dollar-pegged stablecoin if new U.S. laws required it. Armstrong predicted that […]

Coinbase rolls out Bitcoin-backed loans via Defi protocol Morpho

Coinbase customers can borrow up to $100,000 USDC in less than one minute without ever having to sell their Bitcoin. Coinbase has introduced a new service allowing users to borrow USD Coin (USDC), a dollar-pegged stablecoin, by using Bitcoin as collateral. The feature, available to U.S. customers (excluding those in New York), is designed to […]

US court criticizes SEC’s crypto action in Coinbase case

The U.S. Court of Appeals for the Third Circuit has partially ruled in favor of Coinbase in its legal challenge against the Securities and Exchange Commission. The court found that the SEC’s decision to deny Coinbase’s 2022 petition for rulemaking on crypto and securities regulations was “arbitrary and capricious,” according to Coinbase CLO Paul Grewal […]

Coinbase to list Peanut the Squirrel (PNUT) on Solana

Coinbase has announced support for the meme coin Peanut the Squirrel. The exchange said trading support for the Peanut the Squirrel (PNUT) token on the Solana (SOL) network will go live on January 14, 2025, at 9:00 am PT if liquidity conditions allow. “Once sufficient supply of this asset is established trading on our PNUT-USD […]

Coinbase to add perpetual futures for AERO, BEAM and DRIFT

Coinbase has announced upcoming support for perpetual futures for Aerodrome Finance, Beam, and Drift Protocol. Perpetual futures trading for Aerodrome Finance (AERO), Beam (BEAM), and Drift (DRIFT) will go live on Coinbase International Exchange and Coinbase Advanced, the U.S.-based exchange announced on Jan. 9. Specifically, Coinbase plans to open trading for AERO-PERP, BEAM-PERP, and DRIFT-PERP […]