Coinbase shares drop

Coinbase shares drop as exchange offers $2B convertible note offering

Coinbase Global Inc. (NASDAQ: COIN) saw its stock dip by −11.06 (3.48%) to 307.11 in the pre-market on Tuesday morning following the announcement of a major capital-raising move. Notably, the drop in the Coinbase shares price comes after the cryptocurrency exchange revealed plans to raise $2 billion through a private offering of convertible senior notes,…

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Coinbase seeking SEC approval for tokenized stock trading

Coinbase seeking SEC approval for tokenized stock trading

Coinbase is pursuing regulatory approval from the US Securities and Exchange Commission (SEC) to launch tokenized stock trading, a move that could reshape the landscape of equity markets in the digital age. The crypto exchange’s plan to introduce blockchain-based equities could bring it into direct competition with retail brokerage giants like Robinhood and Charles Schwab,…

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coinbase security breach caused by insider bribery

Coinbase security breach caused by insider bribery

In a surprising twist, Coinbase, a titan among cryptocurrency exchanges, has suffered a security breach not from cunning external hackers but through the treachery of its own employees. The incident, uncovered recently, involved insider bribery that compromised the personal data of thousands of users, sending ripples of concern through the crypto community. The Coinbase security…

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