30 Jun 2022

Coinbase will reportedly sell crypto user geo-location data to U.S. ICE immigrations and customs agency

Crypto exchange Coinbase analytics program, Coinbase Tracer, will provide the U.S. Immigrations and Customs Enforcement agency (ICE) with data about crypto users, including their “historical geo tracking data” and transaction history, according to a contract obtained by watchdog group Tech Inquiry. The contract adds detail to what was previously known about

Read More
10 May 2022

Russian Crypto Users Face Another Blow, This Time From Coinbase

Weeks after, Binance (BNB) announced that it is limiting services for Russian nationals, Coinbase (COIN) has sent letters to certain Russian accounts to withdraw funds before it is too late. In the recent round of sanctions by the European Union on Russia, the EU has implemented a ban on deposits to

Read More
08 Mar 2022

Coinbase blocks 25,000 Russian-linked accounts and promotes crypto over fiat for sanctions

Coinbase, a cryptocurrency exchange platform, has revealed that it plans to launch sanctions against Russian individuals and has since blocked over 25,000 account linked to Russians. Coinbase stated that it plans to implement policies that combat the use of its platform for illicit activity. After an investigation that produced the

Read More
15 Oct 2021

Coinbase says U.S. should create a new cryptocurrency regulator

The U.S. should create a new regulator to oversee digital asset markets, Coinbase said in a new policy proposal released Thursday. It warned that failure to regulate appropriately could leave the country even further “behind” other governments. The proposal comes a day after one of its investors, venture capital firm Andreessen

Read More
04 Oct 2021

MFA Glitch Leads to 6K+ Coinbase Customers Getting Robbed

At least 6,000 Coinbase customers were robbed after attackers were able to bypass the multi-factor authentication on the cryptocurrency exchange platform. Coinbase suspects phishing allowed the attackers to access personal details, but also blamed a flaw in the multi-factor authentication process. The theft occurred between March and May 20, 2021.

Read More
30 Dec 2020

Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple

On Tuesday, January 19 cryptocurrency trading firm Coinbase plans to fully suspend trading of XRP, the currency in which the US Securities and Exchange Commission sued Ripple Labs over last week. Coinbase first listed XRP on its retail platforms in February of this year. However, after just under a year

Read More