Former Coinbase manager charged with insider trading

A former manager for popular cryptocurrency exchange Coinbase has been charged with insider trading.

32-year-old Ishan Wahi was a product manager at Coinbase Global. The Seattle resident was arrested alongside his 26-year-old brother Nikhil Wahi on Thursday morning.

The Wahi brothers allegedly used insider information about which cryptocurrencies were due to be listed by Coinbase – which historically has substantially increased their value – to purchase them in...

Coinbase launches NFT marketplace with a focus on community

Coinbase NFT

Coinbase, the largest US crypto exchange, has finally launched the beta version of its NFT marketplace six months after announcing its impending arrival.

The creatively named ‘Coinbase NFT’ will have to compete with more established marketplaces, most notably OpenSea and LooksRare, and thus the company has sought out ways to differentiate its offering.

"We're building a marketplace where you can buy and sell NFTs, of course, but more importantly, you can engage,"...

Coinbase smashes expectations with Q4 2021 results

Earnings Report

Crypto trading giant Coinbase saw its shares climb by 12.5% on February 24 following the company’s fourth quarter results smashing expectations.

Despite the positive results, the company expects its monthly transacting users and total trading volume to decline in the first quarter of 2022 following recent volatility in the crypto asset space.

In 2021’s final three months, Coinbase pulled in $2.5 billion (£1.87bn) in total revenue, up 327% from the year-ago quarter...

Phishing attack leaves at least 6,000 Coinbase accounts breached

Phishing

A suspected phishing attack has led to at least 6,000 of Coinbase’s users having cryptocurrency stolen from their accounts.

The Nasdaq-listed crypto exchange sent a breach notification letter to affected customers notifying them of the hack, which is believed who have taken place between March and 20 May this year.

The hackers gained access to users’ email addresses, passwords, and phone numbers, but Coinbase has said they cannot confirm how exactly this data was...