GitHub Supply Chain Attack Targets Coinbase's Open-Source Project
A sophisticated cyberattack targeting Coinbase's AgentKit repository through GitHub Actions put over 23,000 repositories at risk. While Coinbase successfully defended against the intrusion, at least 218 other repositories were compromised, exposing various access tokens.
Haun Ventures Targets $1B Fundraise with Dual Crypto Investment Funds
Venture capital firm Haun Ventures aims to raise $1 billion across two new cryptocurrency funds by June 2024. Founded by former Coinbase board member Katie Haun, the firm plans to split funding between early and late-stage investments amid evolving market conditions.
SEC Drops OpenSea Investigation in Major Shift for Crypto Regulation
The SEC has ended its investigation into NFT marketplace OpenSea and dropped its Coinbase lawsuit, signaling a significant change in crypto industry oversight. These back-to-back regulatory retreats suggest a more balanced approach to digital asset regulation may be emerging.
SEC Clears OpenSea: NFT Marketplace Investigation Concludes Without Enforcement Action
The SEC has concluded its investigation into OpenSea without pursuing enforcement action, marking a significant victory for the NFT industry. The decision coincides with charges being dropped against Coinbase, potentially signaling a shift in regulatory approach toward digital assets.
Robinhood's Crypto Trading Surge Drives 14% Stock Rally to Multi-Year High
Robinhood's stock skyrocketed 14% after reporting an eight-fold increase in crypto trading revenue, adding $6 billion to its market value. The commission-free platform's success highlights growing mainstream crypto adoption, despite offering fewer tokens than competitors.
Coinbase Surpasses US Banking Giants with $420B in Crypto Assets
Coinbase has amassed $420 billion in customer assets under management, ranking as the 21st largest bank in the US by total assets. The crypto exchange's impressive growth and $273M profit showcase the rising dominance of digital asset platforms in traditional finance.
Kanye West Rejects $2M Crypto Scam Deal to Protect Followers
Rapper Kanye West reveals he declined a $2 million offer to promote a fraudulent 'Ye token' cryptocurrency targeting his fanbase. The incident highlights growing concerns about celebrity crypto endorsements and sophisticated scam tactics targeting high-profile influencers.
Bitcoin's Institutional Strength: Coinbase Flow Pulse Signals Bullish Momentum Despite Market Volatility
Analysis of Bitcoin's Coinbase Flow Pulse metric reveals strong institutional accumulation despite recent price swings between $96,000-$100,000. The absence of large-scale outflows suggests major players are maintaining positions, painting an optimistic longer-term outlook despite short-term uncertainties.
FDIC Releases Internal Documents Exposing Controversial Crypto Banking Restrictions
Federal regulators release 175 internal documents revealing systematic efforts to restrict banks from offering cryptocurrency services in 2022, dubbed 'Operation Chokepoint 2.0.' The disclosure prompts policy reversal as FDIC now plans to allow banks to manage crypto assets without prior approval.
Coinbase Acquires Spindl to Boost Web3 User Growth Through On-Chain Advertising
Coinbase has acquired Spindl, an on-chain advertising platform, to help blockchain developers expand their reach through Base network integration. The strategic move aims to address user acquisition challenges while advancing Coinbase's goal of onboarding one billion users to blockchain platforms.