The South Korean exchange said an internal error during a promotional event led to brief price dislocations, stressing that no customer assets were lost.
Coinbase News

Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
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The 12-month buyback authorization comes as Galaxy’s shares and other crypto-linked stocks have declined alongside Bitcoin.
1969 - Analysis
Crypto super PACs are getting millions of dollars in contributions to spend supporting candidates who will advance their policies in Washington.
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ARK Invest sold $17.4 million in Coinbase while buying $17.8 million of Bullish shares, signaling a major shift in strategy as crypto markets stumble.
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Polymarket will migrate from bridged USDC on Polygon to Circle-issued native USDC, reducing reliance on cross-chain bridges as prediction markets expand.
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A Nevada judge declined to grant regulators’ bid to halt Coinbase’s event contract markets, as the exchange presses a CFTC preemption argument in federal court.
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Bitcoin’s Coinbase Premium Gap has fallen to a yearly low, a move analysts say may reflect weaker relative demand on Coinbase-linked venues tied to institutional trading.
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Futures traders reduced their activity as Bitcoin’s weakness extends and the asset repeatedly tests new year-to-date lows.
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Base is rolling out month-long infrastructure upgrades aimed at preventing future transaction delays and improving overall network reliability.
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The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states.
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Jeffrey Epstein may have made a $3.2 million investment in Coinbase in 2014 and sold some of it for $15 million in 2018, according to the latest batch of released emails.
3035 - Market Update
Bitcoin flashed a major discount signal after capital outflows increased following BTC’s abrupt drop below $75,000. Historical data now points to a potential 10% rebound rally in the short-term.
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A shareholder suit claims Coinbase insiders, including Armstrong and Andreessen-linked entities, sold nearly $3 billion in stock.
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The fintech bank reported record quarterly revenue of $1 billion as it reintroduced crypto trading, launched a stablecoin and rolled out blockchain-based remittances.
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Brian Armstrong made the media rounds before and after he announced Coinbase was pulling its support for a major US crypto bill, reportedly facing off with Jamie Dimon in Davos.
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