Coinbase Leads the New Crypto Era—Record Revenues and a Promising Future
TL;DR Coinbase reported $2.3 billion in revenue for Q4 2024, with a net income of $1.3 billion, driven by increased Bitcoin and crypto trading. The...
Tag : Coinbase
Coinbase Obtains Approval from the UK’s FCA to Operate in the Crypto Market
TL;DR Coinbase has obtained approval from the UK’s FCA to operate as a Virtual Asset Service Provider (VASP). The FCA and the UK government support...
World Liberty Finance’s $10M Bitcoin Swap: Strategic or Politically Motivated?
TL;DR World Liberty Financial (WLFI) swapped $10.4 million worth of cbBTC for Wrapped Bitcoin (WBTC), raising questions about the strategic or political motivations behind the...
Coinbase Wallet to Integrate a Tap-to-Pay System to Compete with PayPal
TL;DR Coinbase Wallet will soon launch a “tap-to-pay” functionality for cryptocurrency payments, competing with platforms like Cash App and PayPal. The tool will allow users...
Coinbase Unveils ‘Based Agent’: Create AI-Powered Crypto Agents in Under 3 Minutes
TL;DR Coinbase launched “Based Agent”, a tool to create AI agents with crypto wallets in less than 3 minutes. The tool was developed with the...
Jesse Pollak Takes Helm of Coinbase Wallet Team
TL;DR Jesse Pollak, creator of the Ethereum Layer 2 blockchain Base, was appointed to lead the Coinbase Wallet team. This strategic move aims to enhance...
Coinbase Surpasses Q2 Expectations with Robust Subscription Growth
TL;DR Coinbase beat revenue expectations in the second quarter, reaching $1.4 billion, with a significant increase in subscription and services revenue. Transactions on Coinbase’s Base...
Friend.tech Reverses Decision: Stays on Base L2 Network
TL;DR Friend.tech Stays on Base L2 Network: The decentralized social media platform Friend.tech has reversed its decision to leave the Coinbase-incubated layer-2 network Base. Instead, it...
Coinbase Announces Staggering First-Quarter Revenue of $1.6 Billion
TL;DR Coinbase’s Robust Growth: Coinbase, the leading US cryptocurrency exchange, announced a staggering first-quarter revenue of $1.6 billion, marking a 72% increase from the previous...
Celsius Network’s Significant Ethereum Transfer to Coinbase
TL;DR Celsius Network’s Significant Ethereum Transfer: Celsius Network, a crypto lending platform, transferred $24.5 million worth of Ethereum (ETH) tokens to Coinbase. This transfer, involving...