Coinbase
American digital asset exchange company
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| 2025 | Coinbase leased a large office space in San Francisco to serve as a physical headquarters and operations hub, and announced a new office in Charlotte, North Carolina as a 'Center of Excellence'. |
| May 19 2025 | Coinbase was set to join the S&P 500 index, signifying its growth and recognition as a major publicly traded technology company. |
| May 2025 | Coinbase disclosed a cybersecurity breach where rogue support agents were bribed to steal customer data, involving a social engineering attack. The company refused a $20 million ransom and instead offered a $20 million reward for information leading to the attackers' conviction. |
| May 15 2025 | Coinbase announced that the cybersecurity attack is expected to cost the company up to $400 million, affecting less than 1 percent of its data. |
| May 11 2025 | Coinbase disclosed a significant cyber attack potentially costing between $180m and $400m, with hackers breaching account data of a small subset of users. |
| May 8 2025 | Coinbase announced the acquisition of Deribit, a Dubai-based cryptocurrency derivatives exchange, for $700 million in cash and $1.2 billion worth of Coinbase stock, marking the largest acquisition in the cryptocurrency industry. |
| March 2025 | Coinbase announced it was the largest node operator on the Ethereum network, controlling 11.42% of all staked Ether (ETH). |
| February 2025 | Coinbase beat analysts' Q4 2024 earnings projections, with CEO Brian Armstrong asserting that the US is 'entering a golden age for crypto'. |
| February 2025 | The SEC dismissed its lawsuit against Coinbase, ending a significant legal battle between the two. |
| 2024 | Coinbase reported managing digital assets worth US$404 billion on its platform in its annual report. |
| December 2024 | Coinbase added Apple Pay support to its Onramp platform, enabling users of third-party apps to fund crypto purchases directly through Apple's payment service. |
| 2023 | Coinbase expanded its cryptocurrency offerings to over 250 different cryptocurrencies for U.S. customers, while maintaining strict Know Your Customer (KYC) and anti-money laundering compliance. |
| July 2023 | CEO Brian Armstrong stated that the SEC demanded Coinbase stop trading all assets excluding bitcoin, and the firm refused, choosing to take the matter to court. |
| July 2023 | Coinbase leased 40,000 sq.ft. of office space in Mountain View, California, marking a return to physical office presence in the Bay Area after previously transitioning to a remote-first and headquarterless company model. |
| June 5 2023 | The SEC filed a lawsuit against Coinbase, alleging that the company was operating as an unregistered securities exchange, broker, and clearing agency. |
| May 2023 | Coinbase launched the Bermuda-based crypto derivatives exchange, Coinbase International Exchange, allowing non-U.S. customers to trade bitcoin and Ethereum futures. |
| May 9 2023 | Ishan Wahi was sentenced to two years in prison and ordered to forfeit various crypto assets obtained through the insider trading scheme. |
| April 2023 | Coinbase sued the SEC, asking a federal court to force the regulator to respond to a previous rulemaking petition about cryptocurrency regulations. |
| April 2023 | Coinbase announced that its Coinbase Bermuda division was licensed to operate cryptocurrencies in Bermuda. |
| March 22 2023 | Coinbase received a Wells notice from the U.S. Securities and Exchange Commission signaling the SEC's intent to begin an enforcement action over Coinbase's staking products. |
| February 2023 | Coinbase launched its own layer 2 blockchain called Base on Ethereum, which is based on the MIT-licensed OP Stack of Optimism's layer-2 blockchain technology. |
| February 7 2023 | Ishan Wahi, who originally pleaded not guilty, entered a guilty plea for the insider trading charges. |
| January 10 2023 | Nikhil Wahi was sentenced to ten months in prison after admitting to making trades based on confidential Coinbase information. U.S. District Judge Loretta Preska emphasized that this was not an isolated error in judgment. |
| January 10 2023 | Coinbase announced layoffs of around 950 employees and restructuring, with CEO Brian Armstrong citing the need to shut down projects with lower success probabilities following the FTX exchange collapse. |
| November 2022 | Following the collapse of FTX, Coinbase emphasized its commitment to transparency and financial stability in the volatile cryptocurrency market. |
| October 2022 | Coinbase entered into a partnership with Google Cloud Platform, enabling customers to pay for cloud services with cryptocurrencies and transferring data-related applications from Amazon Web Services to Google Cloud. |
| September 2022 | Coinbase received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), indicating potential legal action related to its staking and crypto lending programs. |
| August 2022 | Coinbase announced a partnership with BlackRock, allowing clients to use the Aladdin investment management system to oversee bitcoin and other portfolio assets. |
| July 2022 | Coinbase suspended hiring and rescinded job offers to adapt to the market downturn and reduce operational costs. |
| July 22 2022 | Coinbase product manager Ishan Wahi, his brother Nikhil Wahi, and friend Sameer Ramani were charged in the first-ever insider trading case in cryptocurrency by the Southern District of New York and SEC. The complaint alleged that Ishan Wahi shared confidential information about token listings, which his brother and Ramani used to make illicit trades. |
| June 14 2022 | Coinbase announced layoffs of approximately 18 percent of its workforce, roughly 1,100 full-time jobs, due to the global downturn in cryptocurrencies. |
| May 2022 | Coinbase-backed Mara raised $23 Million to build an African crypto Exchange. |
| May 2022 | Coinbase filed a Form 10-Q revealing potential risks to customer-held cryptocurrency assets in the event of a bankruptcy, stating that custodially held crypto assets could be considered part of the company's bankruptcy estate. |
| May 16 2022 | Ishan Wahi was intercepted by law enforcement while attempting to board a one-way flight to India after being summoned to a meeting at Coinbase's Seattle office, preventing his potential escape. |
| April 2022 | Coinbase began operations in India, initially using Unified Payments Interface to convert rupees to cryptocurrencies, but later suspended most of its business due to regulatory challenges. |
| February 2022 | Coinbase aired a 60-second Super Bowl LVI commercial featuring an effective QR code directing viewers to the company's webpage. |
| February 2022 | Coinbase blocked 25,000 cryptocurrency wallet addresses related to Russia in response to the Russian invasion of Ukraine. |
| 2021 | Coinbase became a remote-first company with no physical headquarters. |
| 2021 | Coinbase went public via SEC filing, reporting 43 million verified users, 7,000 institutions, and 115,000 ecosystem partners across over 100 countries. |
| December 2021 | CNBC reported that Coinbase froze the cryptocurrency GYEN following a sudden price spike, which resulted in substantial financial losses for many traders. |
| December 15 2021 | A display glitch temporarily showed numerous users with trillionaire account balances. |
| November 2021 | Coinbase made its first acquisition in India by purchasing AI-powered support platform Agara for an estimated US$40-50 million. |
| September 2021 | The U.S. Securities and Exchange Commission threatened to sue Coinbase over a planned cryptocurrency lending product, which the company subsequently cancelled. |
| June 2021 | Coinbase added Dogecoin to its tradable assets for Coinbase Pro users. |
| May 2021 | Coinbase eliminated salary and equity negotiations during recruiting to address pay disparities with women and minorities. |
| April 14 2021 | Coinbase became a public company, listed on the Nasdaq exchange via a direct stock listing, with an initial reference price that valued the company at billions of dollars. |
| March 2021 | The company was reviewed by the Office of Foreign Assets Control for potential blockchain service provision to blacklisted individuals or companies. |
| March 2021 | Coinbase established a business presence in India, announcing plans to hire employees and open a physical office in Hyderabad. |
| March 2021 | Coinbase settled regulatory claims about misleading trading volume information. |
| 2020 | Coinbase filed SEC documentation to go public, reporting 43 million verified users, 7,000 institutions, and 115,000 ecosystem partners across over 100 countries. |
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