Base

Coinbase hopes AI will reduce frequency of exchange’s outages
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29 August, 2024

Coinbase hopes AI will reduce frequency of exchange’s outages

The new AI model anticipates traffic spikes and scales up resources, and Coinbase claims this new system "served us well"...
Coinbase profits plunge as retail traders lose their appetite for self-destruction
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2 August, 2024

Coinbase profits plunge as retail traders lose their appetite for self-destruction

Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing...
UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls
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26 July, 2024

UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls

The FCA fined a £3.5 million (US$4.5 million) penalty on Coinbase's CB Payments Limited for "repeatedly breaching a requirement that...
2024’s memecoin surge is proof positive that ‘crypto’ is dead
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26 June, 2024

2024’s memecoin surge is proof positive that ‘crypto’ is dead

While justice has yet to fully catch up with individuals and groups tied to digital currency crimes, a new wave...
Coinbase leans heavily on accounting changes to post billion-plus profit
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6 May, 2024

Coinbase leans heavily on accounting changes to post billion-plus profit

Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months, more than twice...
Celsius creditors approve restructuring, but SEC balks at Coinbase’s role
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27 September, 2023

Celsius creditors approve restructuring, but SEC balks at Coinbase’s role

The U.S. Bankruptcy Court for the Southern District of New York was informed that Celsius's rank-and-file creditors had voted in...