Neowin News Feed for: Coinbase

Cyber criminals breach Coinbase's system to steal customer data

Aman Kumar — Thu, 15 May 2025 14:16:01 +0000

Hackers managed to steal Coinbase customer's data, including their cryptocurrency balances, and are now demanding $20 million in exchange for the stolen information. Read more...

UK regulator fines Coinbase subsidiary £3.5 million using powers for the first time

Paul Hill — Thu, 25 Jul 2024 14:04:01 +0000

The UK's Financial Conduct Authority has fined CBPL, a Coinbase subsidiary, for allowing high-risk customers use its services to get access to crypto assets. It has been fined £3.5 million. Read more...

Coinbase says it had no financing exposure to failed crypto companies

Paul Hill — Wed, 20 Jul 2022 18:52:01 +0000

Coinbase has reassured users and investors that it is not exposed to any of the crypto companies that ran into financial difficulties this year. It blamed their lax attitude for their problems. Read more...

Instagram's Digital Collectibles offers a new monetization opportunity

Fiza Ali — Tue, 10 May 2022 15:40:01 +0000

In an attempt to bring NFTs to a broader audience and to provide new monetization opportunities to its users, Instagram is testing digital collectibles with some U.S. creators and collectors. Read more...

Coinbase gets deeper into NFTs with the beta launch of its NFT marketplace

Paul Hill — Wed, 20 Apr 2022 16:50:01 +0000

Coinbase NFT is now available in beta. The platform will allow users to buy and sell NFTs on the platform, initially, without fees. To enter the beta, you must first join a waitlist. Read more...

Twitter claims that a social engineering attack led to the spread of the cryptocurrency scam

Ather Fawaz — Thu, 16 Jul 2020 06:44:01 +0000

The social media website has responded to last night's hack stating that the attack was socially engineered and targeted some Twitter employees with access to internal tools and systems. Read more...

Elon Musk, Bill Gates, and other prominent Twitter accounts hacked for Bitcoin scam [Update]

Abhay V — Wed, 15 Jul 2020 21:22:01 +0000

Twitter accounts of prominent personalities and Bitcoin exchange companies were compromised earlier today. The hackers linked to a phishing website that siphoned off close to $25,000 already. Read more...

$100 million bitcoin order pushes price to 2019 high

Paul Hill — Tue, 02 Apr 2019 11:50:01 +0000

Bitcoin has hit $5,000 today, marking its highest point since the start of the year. It was triggered after an order for 20,000 bitcoins was placed, split across three major exchanges. Read more...

Coinbase prepares for Brexit with establishment of new office in Dublin

Boyd Chan — Tue, 16 Oct 2018 09:46:01 +0000

Seeking to maintain easy access to the resulting 27-member bloc of countries in the EU, Coinbase has announced the opening of a new office in Ireland as its contingency plan for the looming Brexit. Read more...

Coinbase launches cryptocurrency gift cards for real-world use

Ujjwal Kumar — Thu, 26 Jul 2018 18:54:03 +0000

Coinbase users can now buy gift cards using their crypto on WeGift. These gift cards can be bought and used at 120 retailers across Europe and Australia with more being added soon. Read more...

Thursday saw bitcoin climb past $10,200, ending “January Sale”

Paul Hill — Thu, 15 Feb 2018 22:54:01 +0000

After a turbulent few months, bitcoin has finally bucked the downward price trend by managing get above $10,200 on Thursday. Those bullish on bitcoin say that it's in for a very good year in 2018. Read more...

Coinbase looks set to deploy SegWit in the near future

Paul Hill — Tue, 06 Feb 2018 08:34:01 +0000

Coinbase has announced that it is in the final phase of testing SegWit, before it deploys the technology on its network in the coming weeks. Coinbase has been unpopular for delivering SegWit slowly. Read more...

Bitcoin.org updates claims to reflect current reality

Paul Hill — Mon, 22 Jan 2018 18:48:02 +0000

Bitcoin.org has had to update the claims it makes about bitcoin in order to line up with reality. It removed the claim about low transaction fees and also the one about fast payments. Read more...

The UK Government takes aim at Bitcoin in an attempt to curb tax evasion

Dreyer Smit — Mon, 04 Dec 2017 09:06:02 +0000

After the IRS won a landmark case against one of the world's largest cryptocurrency platforms, the UK Treasury, in line with plans being implemented across the EU, aims to regulate these currencies. Read more...

Coinbase required to turn over user data to IRS

Timi Cantisano — Thu, 30 Nov 2017 01:58:01 +0000

While it fought the good fight, Coinbase has lost, requiring it to give up some of its clients' information. The IRS is specifically targeting anyone that transacted $20,000 or more. Read more...

Bitcoin splits in two; The first ‘Bitcoin Cash' block has been mined

Stergios Georgopoulos — Tue, 01 Aug 2017 18:04:01 +0000

After an agreement on technical rules that should guide Bitcoin's future could not be reached, a group has now created 'Bitcoin Cash', a new fork that addresses some issues Bitcoin has faced lately. Read more...

Bitcoin exchanges buckle after traffic load

Paul Hill — Tue, 13 Jun 2017 11:10:01 +0000

Several bitcoin exchanges came under a heavy load of traffic yesterday coinciding with wild fluctuations in the price of bitcoin. It was likely caused by eager buyers and sellers eager to profit. Read more...

Wikipedia starts accepting Bitcoins, receives $140,000 in the first week

Jett Goldsmith — Sat, 09 Aug 2014 19:28:51 +0000

After it started accepting the popular virtual currency, Wikipedia has seen a surge in donations via Bitcoin -- over $140,000 worth -- in its first week alone. Read more...

Facebook's security director joins Bitcoin exchange Coinbase

Jett Goldsmith — Thu, 20 Mar 2014 02:14:13 +0000

Ryan McGeehan, the (now) former Director of Security for Facebook, has left the company to work on developing a security program for Coinbase. Read more...