Coinbase CEO Proposes USDC Integration for X Social Media Platform
Coinbase CEO Brian Armstrong advocates for integrating USDC stablecoin transfers on Elon Musk's X platform, aligned with X's vision of becoming an 'everything app'. The potential collaboration comes as USDC sees remarkable growth in 2024, with its supply increasing over 80% to $43 billion.
Coinbase Forecasts Five Major Crypto Trends Shaping 2025
Coinbase's latest market outlook report identifies stablecoins, asset tokenization, ETFs, DeFi, and regulatory changes as key drivers of crypto's future. The analysis reveals significant growth in stablecoin adoption and predicts transformative developments that could define the industry's trajectory for decades.
Coinbase Reports Significant Drop in Global Law Enforcement Data Requests
Cryptocurrency exchange Coinbase reveals an 18% year-over-year decrease in law enforcement information requests, with notable declines across major European markets. The US remains the top requester while Singapore emerges as a rising jurisdiction, highlighting shifting regulatory dynamics in the crypto space.
Crypto Scammer Impersonates Uber Drivers to Steal $300K in Digital Assets
A sophisticated cryptocurrency theft scheme in Scottsdale led to the arrest of a man who stole $300,000 by posing as an Uber driver and accessing victims' phones. The case highlights an emerging trend of in-person crypto robberies, with 19 documented cases worldwide in the past year.
Coinbase Faces $1 Billion Lawsuit Over Controversial wBTC Delisting
Cryptocurrency exchange Coinbase faces a massive lawsuit from BiT Global Digital Limited for allegedly delisting wrapped bitcoin to boost its own competing product. The $1 billion legal challenge highlights growing tensions in the tokenized Bitcoin market and raises concerns about exchange practices.
Critical 'DogeReaper' Exploit Crashes 69% of Dogecoin Network Nodes
A major security breach dubbed 'DogeReaper' struck the Dogecoin network, causing nearly 70% of active nodes to crash after an exploit by Andreas Kohl. Despite early warnings about the vulnerability, the flaw remained unpatched, though the network is now recovering with minimal price impact.
Bitcoin's $100K Milestone Sparks XRP Rally and Whale Activity Concerns
As Bitcoin surpasses $100,000, XRP experiences a 51% weekly gain amid increased whale accumulation on Coinbase. Market analysts maintain cautious optimism while monitoring potential profit-taking scenarios from large XRP holders.
Banking Documents Expose Federal Pressure to Cut Crypto Services, Coinbase Legal Chief Reveals
Coinbase CLO Paul Grewal unveils FOIA documents showing how U.S. regulators actively pressured banks to terminate services to crypto businesses, confirming 'Operation Chokepoint 2.0'. The revelations highlight systematic efforts to restrict banking access for crypto companies despite their legal compliance.
Social Media Star's Crypto Venture HAWK Faces Legal Scrutiny After $440M Crash
Law firms are investigating potential legal action against influencer Haliey Welch after her HAWK cryptocurrency lost 88% of its value within 24 hours of launch. The dramatic collapse from $500M to $60M market cap has sparked accusations of a 'pump and dump' scheme.
XRP Whales Drive $4 Billion Profit-Taking Spree Amid Price Surge
Ripple's XRP token experiences massive profit-taking exceeding $4 billion following a 418% price surge and unprecedented whale accumulation. The surge in institutional interest, coupled with speculation around regulatory approvals, has driven active wallets to record highs while raising sustainability concerns.